Hopefully BTC can find support on that green trend line. This maybe a good place to go long for traders leveraging. it is a bit risky . RSI and Stoch RSI on the floor.
Unfortunate bearish TK Cross on 1 hour. 2 hour shows a bullish TK cross. Price action below the cloud however is at bottom of the boilinger band
Set a tight stop loss beneath the green line.
This is my first time (if done so correctly), identifying a hidden bullish divergence the RSI forming Lower lows, with exception of that last little bounce picking up before the trend line all the while the chart is forming higher lows and doing this beautiful consolidation pattern on the daily chart. The stochastic RSI is tilting up. As always keep an eye out...
Stoch RSI on the 1 hour and Daily Oversold. 2hr and 4hr Overbought.
Boilinger band showing consolidation.
Nicely formed bull penant
William R showing decline, some what mixed , signals ... overall i am bullish on a scale of 6/10.
Its one of the few alt coins that are not massively over extended.
BTC showing an inverse head and shoulders and will set up for a massive bull run. It will fall and bounce off of one of the trend lines and moon baby. In addition the ichimoku cloud is in that area to act as additional support