Tenken sen crossover the kijun above the kumo on the 4hr timeframe, after a breakout of the trend. very good sign. We can see 3x fail to break 4400. but with higher lows each time. sell if breaks read dotted trend line. enjoy the trade.
light blue zones are major resitance and support, darker blue is minor. we see SXP following the red trend line back up to the major resistance, if solidly breaks below red trend line. short, look for re-entry potentially at yellow upwards trendline
if breaks above current price and minor zone, long and wait for confirmation of break of upper light blue zone
Lots of support and resistance between 33 and 34k indicated by the purple supply zone. yellow slashed lines are resistance where there has been lots of price action. I see bitcoin bouncing up then retesting 40k, and in the long term reaching 75k, 120-150k depending on how things go. This isn't really a big analysis, just posting the chart I have been observing as...
Enter the trade if the price breaks solidly above the upper orange trendline. Small bounce so far off 0.5 fibonacci level.
Stochasic RSI and MACD indicators both lined up on the 4hr timeframe. The purple zone is a zone of resistance.
Next target major is 0.00017300 (and beyond)
Price might be rejected at upper blue trend line.
Otherwise follow the red arrow...
purple zones are resistance and support supply zones, if the breaks out of this formation upwards expect at least 3000 or 3100 in the short term, enter if price breaks upwards of blue formation. Exit if gets rejected at 3000, target 3888-4100. Stop-loss 2650
Im a noob, just doing this for my own learning. Enjoy. Leave any feedback if you wish.
Nano/BTC is set to close above above the EMA50 on the weekly chart. Because of expectations based on past results and nano being the #1 performing coin in the 2017 2018 bullrun, this will be massive, will create a lot of FOMO. Right now is the time to buy. Expect at the very least 500% gains, most likely 1000%, and further.
This is all of the signals you need to...
I see people comparing this action to December 2017, unfortunately I am not able to reference other charts on this account, I am just making a small idea. If the weekly candle closes in the upper range of the shadow, like where it is right now or higher - I still believe bitcoin's major trend is bullish and it has not yet entered a bear market. The ATH of 40k is...
Has been bouncing off 0.618 level in the 4hr chart.
stochastic RSI facing up soon. I think it has a good chance to pump Target around 0.00030000
A weekly close above the 100 EMA would be a very bullish indicator of a major trend reversal.
Not sure how to add this visual into the same idea.