it looks like RSI on weekly BTC chart is gearing up for final stages of this bear market: - giant falling wedge - no breakout just yet; - bullish RSI divergence formed - this should push price upwards short term... but I do, however expect final capitulation push effectively forming double double divergence; I would speculate that we will have a push up to 19,5k...
TWT - one of Binance's native coins. well this needs no explanation really. Giant ascending triangle on weekly chart. more likely than not - it will rip upwards in coming weeks.
basic setup here dowtrend break (expect a retest) supported by bullish RSI divergence. Fundamentally solid new project, so there's good potential to go a lot higher.
- downtrend break; - ascending triangle formed; - riding 1D MA100 what's not to like..? :)
basic setup here - ascending triangle brreakout expected.
for enterntainment purposes only.. just backtesting some trendlines on DOT / USD pair.
How would you feel about that ? Massive double RSI divergence supported Chuvashov fork.
after being stopped out on previous CIRUS trade, this is now looking like a good opportunity to jump back in. waiting for a daily close to see we can get a clean bullish RSI divergence.
Another Kucoin gem printing lovely setup. downtrend broken with PA coiling up into ascending triangle. I expect a breakout with retest and solid shot upwards from there in coming days.
while we're still in a bull market, daily RSI divergencies were highly reliable to predict retracements, and we have one here. Paired with bearish C-fork, I would expect BTC to potentially try and test 70k and then come back to 55k at the very least.
patiently buying dips and waiting for triangle break upwards + retest. not much chart to work with, but this one seems pretty straightforward.
HAKA tinycap on Kucoin (officially backed by Kucoin, so that's a plus on FA side). while not too much chart to work with, recent dump was bought up very quickly, suggesting that bears are running out of steam. I would simply wait for downtrend break/retest and enjoy the ride from there :)
USD chart seems to pretty straightforward: downtrend soon to be broken (also supported by small bullish RSI divergence on 1D). Best course of action in my opinion > wait for the downtrend to be broken, buy the retest and let it run ;) P.S. Interestingly there's a downtren on daily RSI as well, a break there would also be a strong bullish indicator.
Bullish Chuvashov fork on daily BTC chart supported by bullish RSI divergence with fib-based target of $46500. Yesterday's downtrend break failed, so I expect bulls to regroup and have another go. really looking for RSI downtrend to be broken, that's when the party starts.
here's a speculation on Litecoin's bright future :) Looking back at the last cycle. Weekly bearish RSI divergence resulted a massive wick (65% retracement) down followed by 11x rally. Yesterday's crash followed weekly RSI bear div and wicked down 65% and retested previous top at $140. We still need to see how the weekly candle will close, but this looks...
seems like this is the last station for SOL before breaking ATH and going into price discovery. no fancy indicators here, just noticed we have an ascending triangle forming on hourly about to break.