bling94

bling94

4h chart Despite recent down trend, chart showing significant support at minor support level 0.091. RSI showing signs of breaching recent downtrend. Stochastic %k line about to cross the %D line above 20, showing a early buy signal (once crossed). MACD line approaching cross over signal line also indicating an uptrend (once crossed). OBV showing clear long term...

bling94

Ascending triangle Momentum increasing on stochastic , RSI and MACD MACD showing uptrend Divergence at beginning of ascending triangle signalling loss of downward trend momentum. Somewhat of a inverse head and shoulder pattern Currently no sign of divergence to signal a reversal of immediate uptrend Will need to breach both the 50 EMA, 200EMA and resistance...

bling94

Ascending triangle Trading above 50 EMA Momentum increasing on stochastic, RSI and MACD MACD showing uptrend Orange lines showing regular divergence - loss of momentum leading to false breakout (reversal) Yellow lines showing hidden divergence - continuation of uptrend Currently no sign of reversal (regular divergence) Wait and see if price can breakout on increased volume