We dumped hard overnight but it looks like we will hold the 7700 support and continue up further.
There is a TD 9 on the 6hr which means there is a high chance of reversal and RSI has gone into oversold territory.
We close the weekly + monthly candles 10am today (correct me if I’m wrong) and these are quite important,...
Looking at $DASH/BTC daily we can see it’s been in a sideways channel for a while and respected the support and resistance levels however on its most recent downwards movement we can see there’s a chance for it to reverse and test the top of the channel earlier then expected.
Bullish divergence on the MACD and room for growth on the Stoch RSI.
I will be entering...
As it was finishing its Elliot correction waves a Descending wedge pattern formed on $ENG /BTC, it has broken out of the top resistance of the wedge.
Showing bullish divergence on the MACD (orange line), we are looking to break out of the ichimoku cloud as confirmation (green circle).
I’m looking at 30800 as a short term target and watching to see if it tests...
After completing its elliot correction wave sequence THETA BTC has broken its descending triangle and had a golden crossover on the MACD, still room to grow on the RSI also.
Theta is brand new on Binance hence the 30 min chart. Its a solid project and i think it has much more room to grow.
My targets at the moment:
1. ATH of 4000
2. 1.618 fib 5000