Senbonkzakura

Senbonkzakura

As we can see on the 4h time frame on bitcoin , We are witnessing a bullish divergence where the price action executed a lower low but the RSI is showing a higher low , so if the candle completes the retest of the support range and closes above it , we might be looking at a shift in momentum and a start of a new Up trend , and if it closes below it after the...

Senbonkzakura

Bitcoin is currently experiencing a slight bearish divergence after the the big pump to 41550 , so I wouldn't go for a long position in the current situation unless the price action shows more strenght to the upside by breaking the 41600 resistance and closing above it , so if that doesnt happen , i would wait for the price to break below the 40770 mark and go for...

Senbonkzakura

as we can see , bitcoin is retesting the 39300 support , but on the RSI we can see a shift on the momentum to the upside , so it might be possible for us to see the price forming a triple bottom and shooting up towards 42000 on the upcoming days

Senbonkzakura

As we can see, Ethereum is currently in a bearish RSI divergence which means the RSI is currently lower highs but the price action is showing higher highs , which means the Upwards trend is losing momentum more and more so i beileve in the near future we'll be seeing a re test of the previous support level at 3370 and if that doesnt hold i believe the we'll be...