Hello, Trading View community and our follower. Thanks for taking the time to read our latest analysis. After days of heavy selling, crypto markets have started to see signs of demand today, with most of the top 25 coins moving into the positive after being hammered within 24 hours ago. Today, things continued to look dire as coins continued to touch new monthly...
accumalating rook down here could see a big move soon if we can break the down trend
simple trade. stops below parallel channel, potential breakout if above.
Setup: Rook is respecting the 50 EMA. So the plan is to wait for price to bounce off the 50 EMA and have a price rejection candle, that is when we go short. We also wait for MACD to cross down. When these 2 conditions occur, this is when we enter the trade. Entry: Price rejection candle off the 50 EMA and MACD crosses down SL: 1 ATR above 50 EMA TP: 114.3(...
Rock has broken the trend line and I think has a potential to correct
Keep an eye on ROOK. Decision point - look like cup and handle(ish). Currently at diagonal and horizontal resistance and it is almost exactly 2 x from the bottom so it is not buy now. I believe NFT profits will rotate back to DEFI at some point and ROOK is one to watch.
falling wedge back to listing price zone theres a week bullish divergence on the macd from late febuary till now and a stronger short term bullish divergence building on the RSI but the market is weak rn so i cant see a big move happening for a little bit sub 200$ entry would be good still dont fully understand keeperdao tbh
We are seeing a bullish cup and handle on rook