This is not confirmed until we breakout.
There is also a golden cross between the 50ma and 200ma on the daily, this should give us some momentum to break out of these two patterns.
It is plausible that NEO is forming a huge adam & Eve bottom pattern. This is not confirmed yet this is an Idea, but if we break roughly $19.20 things could get interesting.
We could be sitting in an accumulation zone. It is plausible that we head to the .786 Fib level. This is a FIB measurement from the 2013 bottom to the 2017 bubble pop, and we are sitting right inside the golden pocket. between the .618 and .65
LTC/BTC, every time LTC has crossed bullish on a weekly chart on the MACD it has given incredible gains. Will this time mark some form of a bottom? Also bullish divergence on the weekly. #BTC #LTC #Crypto
(THIS DOES NOT MEAN THIS IS THE BOTTOM) It just means it is very close if this plays out, or we are at the bottom.
This is a continuation of my last Idea. Now that we have found some consolidation is it crazy to think that this is a double bottom? I'm not saying we are going from bear to bull, I'm just saying it wouldn't be at of the norm to see a 10-20% bounce. Shorts are also now paying longs as per the funding chart
BTC in a good buy range if you ask me. RIght above the .618 which I failed to add, Sorry. We are also printing a higher low and we are on a bullish TD9 reversal candle.
This trade can be taken with very low risk. Stop below the October low would be sufficient. If that breaks hello 6k and possibly 5k.
We have seen ICX bounce significantly multiple times in this downtrend. Will this time be any different? We will see if we can get over the 50MA on the daily before we shout out any sort of bottoming pattern. You could take a very, very tiny speculative play here with a tight stop. I would prefer to wait and see if we can get over the 50
The Fib retrace zone points towards another possible reload zone! How out of the question is this, I know the majority will refuse to believe it, but as we know FIB levels are very evident in the BTC chart
Selling pressure seems to be cooling off, and a lot of people have taken their profit, and others have fomo bought the top and panic sold the short term bottom by now. Bullish divergence on the Stoch RSI on the 1D, bouncing off a key fib level and on the 4hr you are starting to see the RSI and the MACD cross up in the bulls favor
Nuls appears to be forming a bottoming pattern. With an uptick in the RSI, Stoch and MacD is starting to curve upwards. I have taken this trade on with a 5% stop. If that gives out the next stop is 4995 sats. Good luck
Bullish engulfing TD sequential 9 on the 4HR. also finding support on the 200 and the 100ma. This is a great entry point with the potential to take a really low risk trade. One thing I don't like is the MacD still headed down. MacD does look like its peeking, could be wrong tho DYOR. IF it break through here, there will be a decent sized move down.