interest facts On the BTC charts i see some very interest facts showing up on the charts when i look for confluence to see what direction the market wants to move on btc,
im seeing the commodity channel index the momentum indicator and the macd all showing bullish divergence instead of bearish signal
you can see i have drawn some lines on the indicators to show what is actually happening inside the chart when you look at other indicators in combination
hope this helps others see the short term bullish pattern i see
this is no financial advice this is only my opinion and a hypothesis i feel the market will go up slightly before going down again
Sdmediayt
ADAUSDCardano has just entered the golden pocket and received support on the 0.618 fib level,
no Financial advice but the golden pocket is a fantastic buy zone for an upward trending coin after it has recovered from a significant correction
full disclosure i have owned cardano since it was $0.10, i am not trying to pump anything because i planned to hold cardano for 5 years from when i purchased it
Total Market capinteresting how the market is following a longer time trend line aqua colour r i put on my chart, but what is more interesting is if you look at the shorter time frame trend line yellow colour, you will notice the daily ema 20 green 50 white 100 red, you can see how the maketcap is respecting the ema
Looking at the Btc chartLooking at the btc chart on the daily and the hourly candles we can see massive action between the bears and bulls,
I have marked the chart to show you what the probability of each direction will be if the market moves to the respective direction.
by drawing the ema lines on the daily time frames you can actually see the main support and resistance,
hope this helps
To see the actual chart from the description section on all my new videos from tonight
Bear trap or Bull trap? Looking at the charts we already know we have broken below the 50 Ema and came down to 100 Ema.
Question now is this, are we going down to the 200 Ema?
It could play out 1 of 2 scenario either a bear trap or a bull trap
Imo it look like a bull trap to me with these short time frames on the longer daily and weekly we need confirmation to decide which direction the market wants to go