Price in downtrend @ 1H Possible pullback to the mean Should wait for a shed in mass of the BB200 to start a new trend (up or down)
BB200 channel entered. Probably a hit on the MA200 in the next weeks. Potential rebound @MA200 with a target price of 42-44K.
Patterns are pretty similar. Could be the last 3D red candle @ 39-40 sats. Will $XVG run like $DOGE ? We'll now soon. Next 3D candle on sunday.
Same MACD, same dates. May to December. Will the dominance crash like in the end of 2017 with the altcoin run, I've no idea but hope so. Can we expect a big correction like in 2017? Yes, maybe we'll hit 30k and then the correction will begin...
Ma ribbon has not been crossed yet on daily timeframe but something is brewing. MAs are tightening more and more each day. MACD is still below neutral zone. I would wait a break of the ribbon with a positive macd to enter this trade. Remember that money management is everything. Good trade to everyone.
ZIL managed to close above MA200 on daily timeframe, which is a major signal. A retest around 173 is still possible, but I think that a big move is more around the corner.
It looks like, yes. How can i say that ? Looking at the daily timeframe, RSI is going up again MACD didn't cross down We are in a beautiful ascending triangle If we break 1260, then we are going to 1540.
As i said yesterday, this candle was very important. Why ? Because the 2W MACD never crossed down in a bull market (2013, 2015) Unfortunately, the MACD has now crossed down. History is now obsolete, BTC must show something different, something new. Otherwise, we'll go in a bear market. We're also losing the EMA21 support at the moment on the weekly. If EMA13...
Daily timeframe RSI < 50 MACD < 0 DI- > DI+ EMA13 crossed down EMA21 Weekly timeframe RSI > 50 MACD > 0 DI+ > DI- EMA13 still above EMA21 So, what can we expect ? A slight decrease in dominance for the short term, but we're still good for the mid/long term atm.
What is going to happen next ? We're at a crucial point. In fact, BTC never crossed down the 2W MACD in a BULL RUN. At this moment, we are crossing down. The same thing happened with the precedent candle, but we had a big move up. For the bull run to continue, only one thing must happen right now, a big leg up, otherwise, we're in big trouble. One thing to note,...
What is going to happen next ? We're at a crucial point. In fact, BTC never crossed down the 2W MACD in a BULL RUN. At this moment, we are crossing down. The same thing happened 2W ago, but we had a big move up. For the bull run to continue, only one thing must happen right now, a big leg up, otherwise, we're in big trouble.