Bearish divergence anyone?
Be on the lookout for an aggressive dump.
Look at the fib levels for support.
As always this information is for educational and research purposes only.
I am keeping this "short" 😀
Bearish diversion, no retest to the down trend-line yet, golden ratio.
And I can clearly see a bearish bat there.
Pinkish circle is where I see the price dropping to and rebounding with a slight possibility of the drop ending at the 0.786% fib level before it actually gets to the pink circle.
100-SMA (red) should...
As you can see, BTC has been forming bearish divergences for the past few days now.
One got cancelled out (!).
The second and biggest one seems to have been forming for quite a while which makes it look more bearish.
It is safe to assume that a pullback will occur.
A candle close below the green uptrend line is also a good signal that more...
Bitcoin has formed a bearish divergence and a small pullback is to be expected.
Possible buy target levels are marked in green.
As always, this information is strictly for educational and research purposes only.
From the looks of it AXS has hit the bottom of the dump which was predicted earlier: 👍
It looks ready for higher prices again.
It broke out of its down trend and just broke above 25 SMA.
Aside from what the volume profile is indicating, the areas marked in...
Solana has formed a bullish divergence and I expect it to break above down trend very soon and meet higher prices.
As always confirmation is key. Wait for candle close above down trend-line (the big long one) and quite possibly a retest to it too.
Sell targets are market in red areas which are the areas I expect to see resistance and...
Bearish Divergence anyone? :-)
A candle close below the wedge and quite possibly a retest is the signal to short for me.
Green targets are possible entry points.
This is strictly for educational and research purposes.
Will keep this short.
From the looks of it, Bitcoin has formed and completed a Cup and Handle Pattern.
Expected target is > $75K.
While a test to the support line was already done on 7th Oct, there may or may not be another retest to it.
This information is purely for educational and research purposes ONLY.
Stellar seems to be forming a Cup and Handle pattern which if completed it could probably test the previous ATH.
As usual a confirmation is a must - close above the resistance which is the red horizontal line and quite possibly a retest to it.
Once confirmed the price should start rising to meet expectations.
Between 0.43 and 0.47 seems like a...
I will keep this "short" :-)
As you can see on BNBEUR 1H BINANCE a bearish divergence has formed with an ascending channel.
Great opportunity for shorting or buying on discount!
Wait for confirmation - close below the channel and quite possibly a retest to it before heading lower.
Green dashed lines are possible buy levels.
As always this...
I 'll keep this short.
LINKEUR seems to have broken above resistance on both, candles and RSI (marked with the green circles).
A retest is expected and it is also a buying opportunity if the test holds.
Possible Buy target in green dashed line.
Possible Sell targets are the red dashed lines.
This is just my thoughts and NOT a trading...
Getting straight to it.
Looking at the daily chart we can see that Bitcoin formed a very interesting Death Cross on the 30th of April which sent Bitcoin price violently down.
The procedure was also aided by another two Death Crosses formed on 24th of May and again 13th of July with the last one sending the price to its historical previous lows AND...
Hello again my fellow earthlings.
We have witnessed an unexpected huge rise in the price of Bitcoin due to it being bought (NOT PUMPED) genuinely by people who want to dump their fake money for real money.
Even though this was expected and it is actually fantastic news, it was not expected so soon, but it's OK :)
Gold has also set a new all time high.
Greetings once again fellow earthlings.
I will keep this short, no need to blabber about it, the chart is clear.
Yesterdays bull run brought the price trading in the same channel it was on the 16/04.
So right now we are waiting for a breakout either above the channel or below the channel.
That said, once a candle closes above or below the channel it most likely...
As we have witnesses once again, the bulls were unable to break the MAJOR historic resistance line above 7500 - a milestone necessary to reach new higher highs.
The major historic line also pushes the price down so unless the price breaks above that major historic resistance line, the price will continue to decline, and that is...