A gorgeous bearish divergence is upon us thanks to the BTC friendly virus...
Info on the chart inverted hammer out side of the 3D ichi cloud gonna make you drop that like ;)
How massive can a pump be the student asked? The master looked at Ichi and said: wait for it to exit the cloud and where is my space suit?
3D chart also bullish with squeeze stretching
Info on the chart check out btc roadmap trade for alt safe range for this trade.
BTC has been in an uptrend channel since dec 18th when it made a reversal. on jan 29th it broke to the bullish channel which has been highlighted with the purple dotted line leaving us with two scenarios after a pullback on the 5th of February . scenario #1 is a correction which will come shortly as we are facing a bearish divergence right below the resistance...
ADX has what it takes to test ema 200 soon. breaking below the blue dotted line invalidates this trade. ADX has shown us an interesting trend with the decline of its bullish trends every time BTC breaks the Ichi cloud on the daily timeframe. ADX Bullish divergence since the 7th of January and the small width of the Ichi can bring the next spike as RSI is...
After September bullish trend doge price has declined under the ichi cloud and once again we can see the daily divergence with a good buy demand setup to make this happen. The SMD indicator showing the squeeze and bullish tendency being present.