deniskov

deniskov

Comparing highlighted RSI's from previous BTC corrections, we see that when BTC corrects, RSI falls but always has a few rises back up before it bottoms out. Also, corrections like these don't go on for less than two weeks. From these two observations I believe BTC should fall a bit more - perhaps 5300 levels - before continuing its rise to 10,000+ by year's...

deniskov Updated 

Update about last long; seemed like BCH:USD formed a head and shoulders and was on its way to start falling again but instead the price has stabilized around the 920 - 990 zone. Looking at the bollinger bands and RSI which both seem ready to have a strong push upwards, I'm confident that we'll be seeing values above 1000+ by tomorrow not going to set a stoploss...

deniskov Updated 

looks like BCH:USD just completed its first 4 elliott waves, this one might be the fifth which might take us to 1300+. originally, i thought 800 would be the max but with segwit2X cancelled and all the bch hype/ btc dumping, bch is looking to continue rising for a while. Analyzing the RSI's for the 15 min graph, they all look undervalued and will soon bounce...

deniskov Updated 

Analyzing the RSI's from right now they seem very similar to the shown recent times highlighted and circled, not sure whether it is a "false breakout" in the sense that it will return back to ~620 levels or if it's gone for good. I'm currently in a short position unfortunately and want to wait to see if it might return back. Only thing keeping me from cutting my...