There is reasons to believe ETHBTC pair could correct through the .027~.030 area.
RSI divergence on the daily
Topped on a channel that has been respected by the market
I'm not experienced enough to short big amounts on a bull market, so I'll take a small position.
I would consider than analysis invalidated if the current descending...
It seems like we're on some kind of atypical ending diagonal of a leading diagonal.
Overall volume is decreasing, RSI divergence is strong.
Longs are not that huge so I'd expect a retrace deep but not that sharp.
My buy level are 13400 12600 11100 9500.
Last twos are a bit above what I see as market structural levels because the sentiment is bullish and I...
Foreword: This is not an idea, and what I'm going to talk about is mostly my life, I wouldn't give two craps should I be you reading ne right now :D
Dear fellows traders,I'm in a situation I'm not really sure how to handle.Because it's about trading, cryptos, and money, I figured posting it here would not be completely absurd.
First of all, I'm not trying to sell...
BTC can either go up or down (yeah, that's a powerful statement right there, I'm kind of a a genius).
If it breaks the diagonal resistance from February, I'd consider going long. On the other hand, if the forming bullish channel is invalidated, I'd short
Don't take this as an advice, a prediction, or anything valuable whatsoever.
I've been working for a year on machine learning trading bots.
One of them is meant to predict exact tops and bottoms of markets. Useless by itself and rather not very reliable (That's one of my first experience).
That said, it seems rather confident this time ("it" doesn't seem anything,...