Floki has completed channel on price and rsi on daily, has made bullish divergence on 4 hour and entered in support zone.
Next target 0.00058$.
I don't like meme tokens, so it's the only one I take to long term portfolio, just for metaverse game plan.
Bearish div on small declining volume with new high makes me think BTC just has completed extended wave 3 of the cycle, so wave 4 ahead. Possible double top pattern hints on possible zone for correction, which coincides with 0.786 extension of wave 3 and near 50 ma. Look at previous corrections, the all touched 50 ma.
We have a week before monthly candle close,...
Continue to share with down coins set ups.
Today is sxpdownusdt.
pessimistic target - 227.
optimistic - 34900 as a flag target.
Now it is in consolidation with break out level 0.29.
macd buy signal on weekly appeared.
Have a look on adadownusdt, aavedownusdt, eosdownusdt, xrpdownusdt and fildownusdt.
I also like patterns there.
And look at dotdownusdt, it has...
Is it false break out or not, time will show.
But, still no volume to confirm break out, bearish divergence and top of the channel.
See the bottom near 50 ma as possible cypher pattern.
So, short 65000, stop above 70000, target 17000.