1. forming massive inverse head and shoulders pattern on daily
2. about to break the macro downward trend
3. great momentum on MACD
4. buy signal on KST
conclusion super Bullish. I am buying 🚀🚀🚀
Stakes are never been this high for bitcoin. It is a make it or break it moment.
Will this bull run continue? -> depends whether bulls are able to break this downward trend and make it a support.
Will this end up as a relief rally? -> depends whether bears are able to overcome bulls and make the trendline a resistance.
I'll be watching this show all night.
1. APRA forming a bullish flag, about to breakout.
2. you can enter now or when the breakout is confirmed, i.e. price is above the flag.
3. APRA trading challenge is also going on binance, so it will definitely increase trading volume!
Bitcoin has started to lose it's insane momentum, which was expected but let's see what's next:
1. 42k-40k is a strong support -> past Confluences, past resistance which are now supports, big EMA - SMA - MA support
2. Bullish scenario: Bitcoin is holding above 40k and few weeks/month and by time it start losing or neutralising the macro bearish momentum. After...
As we can see clearly, Price action is about to explode from the downward trend/ bearish channel .
This binance chart doesnt have much data but I confirmed on Kucoin chart, this is a potential bull flag formation.
Alpaca is my favorite DeFi, it offers Leveraged farming. Do check it out.
Recently I have also become very fond of generating passive income via...
Orange Line: 50EMA
Red Line: 200EMA
The main driving force, aka momentum is losing. We can see clearly on RSI that the price action momentum is losing it's strength.
1. We already saw the affect of RSi divergence earlier, there's a clear cut divergence in this move up. Since it is recent history, Bitcoin is more likely to act the way it acted...
This is a long term ta for ADA,
although i dont like ADA as much, also i considered this as a shitcoin but now it has chance to prove me wrong.
ADA has built up extreme bullish momentum and this is because of their news of releasing smart contracts in early september. As of how effective will be their smart contracts, for that we will have to wait but Till the...