In one hand on the 15 minutes chart the price is forming lower lows. On the other hand the RSI indicator is forming higher lows. we might see a little bounce in the price of GMT. NB: If the rsi broke the support line and is no longer forming higher lows than this divergence will be invalid
As you can see on this 4hours chart of BTC. The price formed a first shoulder and a head. We are now forming the second shoulder. if we took a look at the RSI we can see a bullish divergence. The price is forming lower lows and the RSI is forming higher lows. I already spoke about a bounce to the 30's a coupe of days ago and I'm still waiting for is because we...
After we broke under the resistance, now a symmetrical triangle have been formed which indicates a continuation in the drop
BTC just broke from the rising wedge if that candle confirms the breakout than we might see a bit of a pullback. If we broke under the support line then we might see the lowest point of the wedge.
At the top of that pump we formed w rising wedge which is coming to an end now and we might see a great pull back
A huge pump for GMT is on the way. The bollinger indicator is shrinking so much which indicates a huge price movement. I'm expecting a push down just because the market is more bearish but if it went up I'm ready
The resistance that we've broke is being retested if we broke through that level we might see retest to higher prices if we couldn't break through it that lower prices are epected
On the 15 minutes time frame we are forming a bear flag and the whit line represents the target. For the BTC daily update: there isn't bullish news nor chart patterns indicating a reversal but in my opinion we should have a bit of a bounce in the coming days just because we broke many supports without retesting. I'm not seeing high prices a bounce that gets us in...
I am expecting a little bounce for bitcoin for many reasons. 1_The price broke many supports in that dump and I expect a retest before going lower. 2_We've hit a major support. 3_The RSI indicator entered over sold territory and on the chart the first bottom have been made and for the second one to be legit the price have to close above 29700 and for more...
BTC just broke out of the ascending broadening wedge and in now heading down the price target for the wedge in the white line. for safer trading wait for a retest
The bollinger indicator is shrinking so much and that means that a big move is coming stay tuned!!
Now we've already hit a new all time high and we dropped from hit and if history wants to repeat itself then our target before a new all time high is 10k As I said thats the worst case scenario, that doesn't mean that the price is going to 10k but if it did that would be totaly normal and I'll take that as a chance. NOT FINANCIAL ADVISE but the most money made...
In 2017 after hiting a new all time high BTC dropped around 85% and the went back to a new all time high. Thats part 2 check part one and three
In 2015 BTC hit an all time high and the dropped 85% in 14 months. I'll be posting part 2 and 3 check them out!!
GMT broke from the bear flag and may be heading for a retest now if it went well then the price is heading to 1.64 NOT FINANCIAL ADVICE!
On the 15 minutes chart of bitcoin a bear flag is forming and I already talked about the double top o the hourly chart. Be careful opening long positions because we might see 29700 one more time today. I'll keep you updated.
Yesterday on my daily bitcoin update I told you that my entry will be at the orange line(29700-29750) and today we woke up to see a bounce off that line. For me I think there isn't that much buying pressure and on that hourly chart we are seeing a double top so my suggestion is that the price is going to retest another time the orange line, maybe forming a double...
Today shiba dropped hard and is now forming a bear flag which I've already set a target for. NOT FINANCIAL ADVICE but it could drop further into the orange line