UnknownUnicorn2434649

UnknownUnicorn2434649

W: major downtrend still being respected, stochastic rsi showing bullish momentum has topped out. However when looking at our most recent weekly candles we can see support is forming, a minor uptrend is intact. D: shifting over to our pattern timeframe we see the same correctional elliot wave pattern playing out. a daily close above $225 is a good sign we...

UnknownUnicorn2434649

Weekly Looking at our highest timeframe we can see Cardano is stuck in a paralell chanell and is currently testing our major and dynamic resistance. Stochastic RSI showing bullish momentum has slowed down, however price action continues to respect its minor uptrend. Rejection from this level and expect a major sell-off towards $0.060, a look at our smaller...

UnknownUnicorn2434649

Weekly Looking at our trend timeframe we can see ZRX continues to respect its downtrend since leaving an ATH imprint at $1.30. Stochastic RSI showing momentum is in favor of the bulls with no signs of reversal. Our most recent price action shows a break from $0.20 up to $0.40, leaving a new higher high. ZRX is now looking to confirm our higher low before...

UnknownUnicorn2434649

Weekly (Zoomed Out) Looking at our trend timeframe we can see BTC has remained in a major downtrend since our bull run in 2017. Price action has since been respecting a descending triangle pattern with a lower high at $11,500. Followed by another lower high at $10,170, however price action did leave a higher low $5,400 closing above our previous low at $3,500....

UnknownUnicorn2434649

Weekly Looking at our trend timeframe we can see Tezos remains respecting its uptrend, with no major signs of reversal. Stochastic RSI showing bears and bulls are fighting for control of the momentum. Price action has been consolidating between $2.60 $2.80 for the last 9 weeks. A breakout or breakdown is due, a look at our smaller timeframes will give us a...

UnknownUnicorn2434649

Weekly Looking at our highest timeframe (trend timeframe) we can see Kyber Network has been in a major downtrend and has actually never been in a bull market...I consider this something interesting in a positive way. Look at the most recent price action starting from November 2019 we can see price action found support at $0.15 after testing multiple times for...

UnknownUnicorn2434649

Weekly Looking at our highest timeframe we can see CEL has not been involved in a bull market. Price action showing we are respecting our bullish channel, resistance at 2500 satoshis. Stochastic RSI showing momentum is in favor of the bulls however it does seem to be slowing down. Weekly support is shown at 2200 and 2000 satoshis. A rejection from 2500 and we...

UnknownUnicorn2434649

Monthly Looking at our highest timeframe we can see when BTC formed its ATH followed by a higher low at $3,000. Only to be followed up with a lower high, confirming the monthly downtrend. BTC price action has since been in a descending triangle, until recently breaking out. Stochastic RSI shows momentum is in favor of the bears, even though price action looks...

UnknownUnicorn2434649

Weekly Looking at our highest timeframe we can see MCO continues to respect its uptrend starting in 2019. Stochastic RSI showing momentum is in favor of the bulls with no signs of slowing down. The last 6 weeks have left price in a tight zone, struggling to close above $5.55 and below $5.10. Starting on the week of March 16 we also see a minor uptrend that leads...

UnknownUnicorn2434649

Weekly Looking at our highest timeframe we can see Chainlink has been in an uptrend since being introduced to the OK Exchange. Stochastic RSI showing momentum has followed price and respecting uptrend structure. Our previous higher low was formed at 340 satoshis, followed by a higher high at 508. Price action is now looking to form a higher high with support...

UnknownUnicorn2434649

Monthly More than half way through the month of May, and our highest timeframe showing BTC is in uptrend. Starting on April 2017, with a 2nd bounce in January 2019, and finally a 3rd test in March 2020. Stochastic RSI showing bearish momentum is slowing down, let’s not forget indicators rely on price to get their data so we may already be in a bull market. The...

UnknownUnicorn2434649

Weekly Looking at our highest timeframe we can see Ethereum remains in a downtrend with no major signs of reversal. Stochastic RSI showing momentum is at a halt from its previous bullish swings. ETH continuing to respect its bullish channel. A weekly close above $195.00 is a good sign we will continue to the upside, however a rejection from this level and expect...

UnknownUnicorn2434649

Weekly Looking at our highest timeframe we can see XRP has not shown any signs of reversal in this downtrend. Stochastic RSI showing momentum is in favor of the bulls, after a weekly close in favor of the bears. Is this a small correction to the upside or is this a new low, a look at our smaller timeframe will give us a better idea. Daily Shifting over to...

UnknownUnicorn2434649

Weekly Looking at our highest timeframe we see can see the overall trend remains bearish, even though we've had 5 out of 7 of the previous weeks as bullish candles. Our previous analysis was showing a possible sell-off to $2.10, XTZ printed a low at $2.26 but did not budge. Stochastic RSI showing momentum is in favor of the bears. Daily Shifting over to our...

UnknownUnicorn2434649

Weekly Celsius Network; the crypto that lets you earn interest in holding your crypto. Yet to see a bull market this crypto is already being used. Looking at our trend timeframe we can see since being introduced to the crypto space Cel seems to be respecting a bullish channel. All time high closed at $0.1730 and our all time low at $0.0350. The price currently...

UnknownUnicorn2434649

Weekly Looking at our trend timeframe we see the price has remained in its bearish trend since being introduced. Stochastic RSI showing momentum has bottomed out and we could be seeing a shift in the trend. Looking at our price action from last July to today we can see the price has formed a new low at 3,000 satoshis. Since then we have formed a higher low at...

UnknownUnicorn2434649

Monthly Eventful news week for the SPX: Initial Jobless Claims; Expected:3000K Actual:3169K Unemployment Rate; Expected:16% Actual:14.7% Nonfarm Payrolls; Expected:-22,000 Actual:-20,500 The US has had an eventful first quarter, mostly having to do with the COVID-19 pandemic. This week the US was prepared to receive bad news in regard to jobless claims,...

UnknownUnicorn2434649

Weekly Looking at our trend timeframe we can see BTC still remains in an overall downtrend, even after having 7 bullish weeks only to end with a doji like weekly candle. Bitcoin is at a critical point in regards towards price action. Last week's candle pushed as a high as $10,0079 on coinbase, and as low as $8,098. This week (tomorrow actually) is the BTC...