Possible BTC/USD correction in next few days
Possible bearish divergence (RSI)
Possible bearish divergence (MFI)
Possible MFI oversold
Price is approaching high volume node in $10,600 (volume profile).
In daily chart, it seems price can move up a little bit (may be approaching high volume node).
It is possible that BTC-USD will range within the green box, before going up again.
Pink histogram shows start of accumulation period.
Longs & shorts are low. Longs are almost equal to end of April 2019 - early May 10th 2019.
Bars are below EMA 55, which is very tempting to short.
XLM/USD Bullish idea based on ABCD pattern with target around $0.14664 which confluences with horizontal support line (marked green in chart).
There are 200-EMA & 200-MA as resistances which must be broken to make the target happens.
Here are CNBC predictions in twitter (@CNBCFuturesNow) .
Green means bullish signals.
Red means bearish signal.
3 numbers in 3 lines means : (in order, in both bullish & bearish signal)
if bearish signal, swap stop loss & target.
Stop loss : 6750
Entry : 6450
Target : 5900
Time is UTC+7
This is my first public idea and my first time using volume profile (which i am still learning until now).
So please correct me if i made mistake.
The resistance which is on purple line ( 8391 ) is placed based on LVN (low volume node), which is also previous high on 15 & 16 April.
If the price goes above the purple...