Here is the same log scale chart as you have seen for zillion times here on TradingView.
Mapping a previous trends show us there is possibility that BTC is going to find its bottom in near future and right after may see another uptrend before upcoming halving (14.06.2020).
If trend holds and history will repeat a bright future with nice profits is waiting for...
this can be easily sorted to Beyond Technical analysis category.
There is no philosophical background behind this idea, I just played with fibs time zones a little and all past tops pretty fits.
This may be just huge coincidence, but let indicators talk:
MACD: golden cross - bullish
MACD: histogram buy signal
STOCH : buy signal
BTC next steps: Bearish variant.
Zone 10800-11100 USD (or top of triangle if you want) is important resistance to watch. Closing above may indicate bullish trend continuation.
(MACD histogram at 1W chart generating sell signal, be prepared.)
Formed descending triangle may be a good confirmation for ETH to stay in downtrend and cutting price even lower for another few days.
Next strong support and place for a small bounce-up found at 147-160USD.
This idea is for educative purposes only. Do your own research.
MATIC is cutting resistance zone.
Close over 171sats to confirm fly.
Next station 197sat (200 psychological resistance).
Set your stoploss.
This idea is for educative purposes only. This is not financial advice.
Potential deathcross building on MACD.
Potential MACD histogram sell signal on the way.
This idea is for educative purposes only. Do your own research. All signal mentioned must be confirmed to be valid.
Have a nice week.
MATIC shortterm bullish signs.
Downtrend channel and 120sats resistance is broken and MATIC is heading north.
MACD - goldencross - bullish.
MACD histogram - buy signal.
RSI - neutral.
This idea is for education purposes only, not buy / sell recommendation. Always do your own research.
Downtrend channel is broken after huge pump.
Visible volume/price divergence may indicate another pump - another minor uptrend in channel.
Fibs/uptrend channel S/R to watch:
fib 0.236 : 10000USD
fib 0.618 : 11550USD
Potential for bounce up in symmetrical triangle pattern after bullish falling wedge has formed.
Key supports to watch : Support @10325 USD - if candle close below this support, trade is invalid.
Triangle bottom line - if candle close below this support, trade is invalid.
This idea is for educative purposes.