a_stonk_a_day

a_stonk_a_day

BTC currently around $27k Bullish case: -Price above 200w SMA and 200d EMA (purple) -Shorter EMAs pointing up (bullish momentum). (soft pink and pink) -Price and moving averages above Bull Market Support Bands (red/green band) -Log Scale downtrend breakout (orange dashed line) -Possible new macro-uptred? Bearish case: -Major resistance to be broken around $30k...

a_stonk_a_day

BTC currently around $27k Bullish case: -Price above 200w SMA and 200d EMA (purple) -Shorter EMAs pointing up (bullish momentum). (soft pink and pink) -Price and moving averages above Bull Market Support Bands (red/green band) -Log Scale downtrend breakout (orange dashed line) -Possible new macro-uptred? Bearish case: -Major resistance to be broken around $30k...

a_stonk_a_day

uncanny how both charts looks exactly the same over the past week on the hourly.

a_stonk_a_day

continuation of the last idea: Shiba has now broken both the descending wedges + the RSI trend line on the 4h and the 12h + shows confirmation of Bullish Divergence on the 4h, which has developed into the pump of ~40% we've seen today. RSI has cooled down in all timeframes and we are breaking out from the main RSI downtrend on the Daily as well while volume is...

a_stonk_a_day

Shiba breaking out of a descending wedge in the Higher Time Frames. RSI trend line also breaking out, volume rising and today the team announced on twitter it reached 1M Holders and posted a teaser for something incoming. seem bullish enough for at least a run for a new ATH.