filipbronola

filipbronola Updated 

Strong divergences are building again, as we saw previously at the top. The RSI is continuing to follow a trend of higher lows. This is the exact opposite of the month long consolidation we had previously, where the RSI and MACD would converge downwards with the price until pumping quickly to reset the oscillators. We are not seeing many bearish signals in the...

filipbronola

As the previous quick divergence finding TA showed that the positive momentum was unsustainable, we can now see that neither is the sell off. With this coin being in it's early stages with immature price volatility, I believe we will be seeing lots of gigantic trade opportunities until the price begins to oscillate around a fair value. Ampleforth may be one of...

filipbronola

Still within the wedge, holding strong for now.

filipbronola Updated 

RSI and MACD showing signs of bullish divergence. Volume is decreasing and the negative momentum is slowing down. $5+ targets.

filipbronola

Title, seriously, that's all I have to say,

filipbronola

Seems to be confirming the demand line. I would wait to see a stronger move up before entering a trade.

filipbronola

Coins are on sale :)

filipbronola

Easy 50-60% gain after bottoming. If this base is a strong support level, expect an at least temporary reversal soon. Also don't hodl this coin, AMPL is not an investment lol

filipbronola

Here's the RVN chart. Inverted. Would you ever go long on a chart pattern like this? Who in their right mind would go long on a chart pattern like this? This looks absolutely horrific. Now let's remember, this chart is inverted. So if you saw this on something like say, BTC, you would probably start screaming, OH NO IT'S GOING TO 0! hahaha... ah yes, patience is...

filipbronola Updated 

Regardless of how much the rebase function allows for this coin to make these really massive pumps, it will dump really hard in the short term as we've seen before, regardless of how much higher it might go. We're seeing strong bearish divergences stacking up right now as well with the volume and RSI moving away from the price, Higher highs on price, lower highs...

filipbronola

Posted about this one a while ago while it was still accumulating. If you wanna hop on a trade and take up the bigger risk now, I would wait to enter/re-enter around 240-260 sats where the new support should have formed now. If it doesn't hold strong, then maybe this is the top. For the immediate immediate short term, like next few hours, we could still get a...

filipbronola

Raven might be slowly inching it's way out of the small descending wedge that it's made... although it's kind of odd. All things aside, RVN is still at a buy level in my opinion. BTC pair reveals this bad boy is in a heavy accumulation phase.

filipbronola

Here we can see hidden bullish divergence on the macd, macd histogram, and RSI. If the right shoulder forms completely and the price action breaks above the descending resistance of the larger wedge formation, we could see the price hit around 250 sats prior to pushing any higher. Targets for any mid term trades are still much greater than 255 sats however,...

filipbronola

It is often observed that the most strong breakouts occur between 60-70% of the length of the formation. This can be quickly observed as well in the previous descending wedge that broke out in 2019. We are currently about 67% of the way into the wedge that I have drawn here. Take note also, that there are also hidden bullish divergences occuring on the weekly...

filipbronola

As we can clearly see, RVN has broken above a support/resistance level and is now back testing it. The BTC pair shows a clear descending wedge that has been in the forming for about 450 days... As with all things, what goes up must come down. RVN pumped really quickly to its ATH which has now cost it over a year of descent into low prices. The lack of any deciding...

filipbronola

Unfortunately at the time being, any significant long plays on comp are weak. Looks to be repeating history right now.

filipbronola

Look left, look where we are now. Double posting because this is insane...

filipbronola

RVN has been in this massive, MASSIVE descending wedge for over a year now... There's going to be continued chop in the price action until we break upward. This is a huge opportunity.