RDphCrypto

RDphCrypto

Concerned that were lingering below the 21 EMA for weeks on the Weekly timeframe, while were stuck in the range, a lot of people share opinions in the market but as a fundamental analysis, the longer it stays below the 21 EMA on larger timeframes we may see a continuation of bearish divergence before we rebound to the upside continuing bullish sentiment. Trading...

RDphCrypto

Looking away on the weekly, old support, 20 MA and .618 fib all aligning for that deciding factor if we go down to fill CME gap. If we do fall at 9500, how low can we go, thinking for starters possibly 9200 into 8800. If we hold current support at 10k, we may see more sideways action couple more days, but have a feeling we continue to correct downwards

RDphCrypto

If we break resistance over 11820ish area should be a good indicator were heading up before correcting, if we get rejected it may be a deep fall possibly back into 11,100 or worst case back to big support at 10.5 area. Where also seeing a bearish divergence on the 1 day, so it may be a quick hit at resistance then back down. Keeping a close eye all through out...

RDphCrypto

Looks like big resistance over 11600, if we break that we may see short pump prior to correcting. Volume seems low but rsi moving upwards, with the macD showing upwards signs too. Be cautious as this may still go either way, overall feel is still a temporary move prior to a more stable trend.

RDphCrypto Updated 

Seeing a bearish divergence on the daily, MacD still below signal, but Ichimoku showing possible sign of uptrend, overall still looking like a healthy correction before we see it go higher.

RDphCrypto

Thinking since were over ema's, bollinger, even ichimoku showing a good cloud, probably we have little more to go before we fill gap and retrace, also being mindful there are a couple more days to go before months close. Everyone seeing a strong bullish sentiment even with daily close.