UPT: 1.1 to 1.2 DPT: 0.96 to 0.90 (towards blue bar) MACD: Bearish Divergence (could be fulfilled after another potential leg up on this ascending channel) Stoch RSI: (3H Setting - Oversold Conditions) Bounce off the support line of the ascending channel can push ZRX back up. More power to all your trades, my friends! Ron Intrepid_Trader
UPD: 3520 DPT: 2424 Stoch RSI: Oversold Conditions More Power To All Your Trades, My Friends! Ron Intrepid_Trader
Buying Opportunities DPT: #1 $3400 #2 $3300 #3 $3280 #4 $3160 #5 Golden Pocket Stoch RSI and MACD both have Bearish Divergences Price has already exited the wedge. Price action is king. More power to all your trades, my friends! Ron Intrepid_Trader
Support Line Breached DPT: 1. $50.8K 2. $48.7K 3. Golden Pocket MACD: Bearish Divergence More power to all your trades, my friends! Ron Intrepid_Trader
Price getting rejected at the red bar and staying below the 50MA could push Bitcoin back down in a Dead Cat Bounce scenario. More power to all your trades, my friends! Ron Intrepid_Trader
UPT: 1.9 DPT: 1.6 MACD: Bullish Divergence Stoch RSI: Oversold Conditions Awaiting breakout from the descending red trend line and out the green rectangle. More power to all your trades, my friends! Ron Intrepid_Trader
UPT: #1 2.6 to 2.7 #2 2.86 Breakouts: 1. ADA broke out of trendline A 2. ADA broke out of the horizontal triangle RSI: Bullish Divergence More power to all your trades, my friends! Ron Intrepid_Trader
SHiB has printed higher lows and a higher high, although locally it has now formed a descending triangle (bearish). Overall trend is bullish. Important line to watch if SHiB has to break to the upside is the descending resistance trend line. Breaking to the upside could mean a continuation of the previous run up and potentially bring price up to 4084 (75% of...
DPT: 1. $47.8K 2. $45.8K - $45.3K UPT: $58K RSI: Bearish Divergence Stoch RSI: Oversold conditions Important Line to watch, the support trend line. More Power To All Your Trades, My Friends! Ron Intrepid_Trader
Simply watching price action. Price pushing either to the upside or downside could immediately bring a potential minimum 10% gain or loss. Price action is king. Remember to await a breakout plus a confirmation prior to putting in a trade. More power to all your trades, my friends. Ron Intrepid_Trader
Cardano has been ranging and accumulating for about 3 weeks and is now itching for a breakout. This post is a sequel to the previous one. Check it out here. Locally, price action is bullish with higher lows plus a higher high painted on this 1 hour chart. Currently watching the red resistance line and the green support line. Cardano passing and closing below...
Downside Price Targets (D.P.T.): #1 $40.8K #2 $38K #3 $37,250 #4 $34K Upside Price Targets (U.P.T.): #1 $57.8K #2 $67K #3 $70.3K #4 $73.6K #5 $76.3K #6 $82K - $82.7K RSI: Bearish Divergence MACD: Descending from 80% level. Moving Averages: Bullish Cross imminent, price rebound anticipated. I'm looking to enter at the 50% Fib and the Golden Pocket, waiting...
Bearish Tone DPT: $38,023 - $37,250 Possibly towards the Golden Pocket In my opinion, it would be a buying opportunity level. RSI: Currently facing resistance Bullish Scenario The line to watch is the top of the descending channel, a break out going upwards could push Bitcoin up towards the resistance line of the Horizontal Triangle. More Power To All Your...
Similarly as from the last post... DPT: $38,023 - $37,250 Possibly towards the Golden Pocket Line to watch is the resistance line of this falling wedge. A breakout to the upside can trigger the final leg of the bull run which could last up to December just comparing this move from the 2013 chart, although previous results does not guarantee similar future...
Upside Price Targets (U.P.T.) #1 $4,430 #2 $5,319 #3 $5,635 Downside Price Targets (D.P.T.) #1 $2,874 #2 $2,601 #3 $2,528 #4 $2,213 - $2,088 RSI: Bearish Divergence Stoch RSI: Descending Overbought Conditions Moving Average: Price rebound from 50D MA Always come from a position of strength! Buy Low, Sell High! More Power To All You Trades, My...
UPT: 3813 (78.6% Fib Level) Be aware of a possible breakout fake out out of the ascending triangle. If the Bulls don't show up, possible reversal can ensue. If I were to go long, I'd wait for price to find support from the white trend line of the ascending triangle. DPT Levels: 1. 2747 (38.2% Fib Level) 2. 2551 (50% Fib Level) 3. 2354 (61.8% Fib Level) Price...
Watching the yellow ascending trend line . DPT Levels: 1. 2.48 (green horizontal bar) down to 2.225 2. 1.994 3. 1.764 MACD fast and slow MA lines converging and could potentially cross bearish . RSI has a bearish divergence although price action is still king! More Power To All Your Trades, My Friends! Ron Intrepid Trader
DPT: 0.25 down to 0.23 (50% and 61.8% Fib Levels) UPT: 0.42 Watching 50 MA and 200 MA probable crossover Volume very low, huge move incoming possibly this week. Price Action Is king! More power to all your trades, my friends. Ron Intrepid Trader