Just look at that beautiful rsi breaking up. Next thing to do is breaking up the trendline
We can open a buy position here and place the stop loss below the trend line. #lowrisk
As you see the price is still moving in a range, we should watch and see what it'll do. Breaking bellow the line means we will see lower prices in 20k channel
First Target: 38105 Second Target: 35900
Last a few days was not good for ICP holders, but we can see that volume has increased and now the trend-line is broken. I think it's just a matter of time (and of course bitcoin) before this instrument skyrockets. I'll update this analysis...
The price is ranging in a bearish triangle if it breaks down it will retest the 20K zone imo.
Hi friends. As you can see RSI and Stoch are overbought and the price reacted to static resistance. Could be a short position with appropriate sl.
Buy only after break confirmation. We can have a short position here with an appropriate sl.
we can see a ascending triangle in RSI. To me, it's a buy and hold situation. It may take some time but eventually, this old spaceship will fly.
Looks like a double bottom (W) pattern and price can break the downtrend.
Does bearish divergence on RSI confirm the reversal, breaking the trend-line will confirm this theory. Good R/R ratio. We can place SL on 7.7$
Hi firends, Let's look at BTC chart in a simple way. We have a symmetrical triangle and price may exit from both sides, but it seems bears are in control as we are seeing lower highs in 1 hour timeframe. Targets are: 30000$ and 28000$ I suppose. Good luck and enjoy trading
kind of scary from this point of view, let's see what happens :)
Seems the price is moving in a rising wedge and it may be the end of the bullish trend for this instrument.