Weak reversal signal after dropping below EMAs
Possible TP above $40 until it can get back above EMAs
Long term - accumulate more. This is the BNB of the new Cycle and has way more potential
Volume profile for price action of breakout above previous all time highs.
ETH at resistance value zone right now. Needs to get above EMAs and flip to continue bullish trend. Possible bearish trend from here short term.
ETH will be above 5k within 12 months
Volume profile for range above previous ATH.
Alpha Reversal is calling for a reversal from the 30k level. Some volatility expected as price is below EMAs after a bearish cross.
BTC will be over 100k within 12 months.
The 0.52-0.55 target is just short term. Want to see at least that in the next few weeks.
Bottom looks in for now and this coin is ready to launch. Strong bullish continuation divergence on OBV. Sitting at the top of a large high volume shelf and below mostly inefficiency area up to .55
13900 is a weekly, monthly, yearly level and most likely for a longer term bullish retest. If price returns to that area I would expect high volatility and a strong reaction from it. Note to self - Buy 13900 and any PA below. Could take 4-12 weeks, but I think we see that level retested and then we break above 20k. A wick to the top of our long term high...
OXT is about the only coin pushing up against BTC and USD while Bitcoin is dropping. This is a mid to low cap coin with working product trading on major exchanges with access to US market. Long term could easily see this one do 5x or more. Been buying dips on this and plan to continue doing so.
It has seen wild volatility and successful retest of breakout from...
BTC printing bearish reversal signals across all exchanges on PNF chart. Will take 2-3 rotations or price reversal above19500 to invalidate or flip that signal.
Short signal suggests being short with risk capped at 19500 stop. If price continues to chop though this signal could flip bullish again within a day or two.
Volume profile on standard charts suggests...
BTC broke above the volume shelf around 19270 and has held above thus far. Below bearish, above bullish short term at least. Daily has bearish divergences on many trailing indicators. But until there is a strong rejection or a break below that volume shelf shorting is high risk.
Non USDT exchanges showing very different pattern. PNF showing a brearish breakout with invalidation above 19100. Still showing consolidation like USDT pair, but consolidation showing bearish bias. Rejection lower at 19315 is roughly in line with Volume POC of local top at 19280 area. Shorting on low lvg with option to up lvg and add on bearish retests after...
PNF still showing a bullish trend though 19350-19400 has acted as resistance several times now. Stops on long positions at 18770 should protect against large downside move.
Trend neutral with consolidation still showing.
Quick breakout entries likely at 19280 for longs, or 18880 for shorts. As we are consolidating though breakout trades should be considered...
Short term Bearish until BTC can create a new higher low and base of support, and/or reclaim that poc at 19272. Simple, low leverage.
If 19272 is reclaimed and retested successfully its new ATHs with haste