Check out this accumulation phase on $FLDC also take note of the volume. If this is not a bottom and accumulation for a big run then I don't know what is.
Pretty great R/R. Stop at 74.1k sat. bittrex chart because thats where the price history is. Sitting on a daily bullish OB, extremely oversold, bull div on the daily. Targeting first bearish OB at 103k sat. OBV has not broken down trend on Bittrex but has on Binance giving us an indication of a possible trend reversal.
$BTC There are a few things in particular I am looking at on this chart. We have a confirmed bullish swing failure pattern (price took out stops below Feb low but closed above Feb low), unconfirmed bullish divergence on the daily, and we closed above a crucial support. I am also taking note of the amount of shorts stacking up on bitfinex. Currently shorts are at...
$BTC bearish divergence on the 4hr time frame, OBV trend line break, low volume. I could see one last run at the stops above $6850 before the drop back to $6400 but I doubt it.
$ZCL broke out of this falling wedge and has now been consolidating in a pretty tight range. If people did not care about this new fork we would be back at 40k sats by now. Trading in a tight range and has formed a symmetrical triangle. Bullish TK cross on the 4hr, momentum indicators pointing up, we should break up from this symmetrical triangle in the next day or so.
I suspect after consolidating in this range ZCL breaks up from this symmetrical triangle. Bullish div on the hourly has already played out but there is hidden bullish div on both the 12hr and the daily. Here is a chart of the hidden bull div on the 12hr, which is also present on the daily.
I suspect after consolidating in this range ZCL breaks up from this symmetrical triangle. Bullish div on the hourly has already played out but there is hidden bullish div on both the 12hr and the daily.
