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.
:) Just long.. bounced off multiple MAs & EMAs ascending triangle breakout. accumulation range breakout downtrend break. seriously.. just long..
don't mind this one. Just backtesting a some S/R areas.. removed all drawing tools & indicators intentionally.
One of Binance alts that's yet to have it's pump. Ascending triangle supported giant Chuvashov fork. Fibs would suggest a target of 45k sats. already flipped MA99. posting this on Bittrex chart due to the fact that it has a lot more history there :) it was listed on Binance just a few months ago.
This is to complement my previous chart (ONT on USD pair). ONT seems to be one of those laggers in this bull market, which provides us with excellent opportunity to jump onboard at early stage, while many other alts aleady rallied high and far. As a sidenote, I find staggering resemblance compared to GASBTC chart, that rallied rapidly as soon as it retested...