There is forming a bullish divergence on the 1h chart and it may look like the bears are running out of steam in the short term.
What do you guys think, let me know in the comments!
Okay guys, have a look, - We are forming a 4h bullish divergence on the Bitcoin chart. - Looks like the falling wedge is breaking out - StochRSI momentum going to the upside I have openend a long position, would you like to get more detailed TA sessions please have a look at my YouTube account : www.youtube.com Cheers!
Hi guys, We are at a crucial point with LTC/BTC. LTC has formed falling wedge on the daily here and is reaching to resistance point. Although Litecoin at the moment doesn't have too much fundamentals, technically I do think there is a chance we break out to the upside. If you would like to follow my trades I'm showing them on my youtube channel : www.youtube.com
It still hasn't played out but just be aware of a possible bearish divergence on the 4h. Beware of trendshifts with longs.
We are almost seeing a breakout from the wedge formation BTC is forming since the last days.
From my perspective there is a clear bull flag forming on the daily chart. I have the feeling the majority is bearish. But do you remember the corrections of the previous bull market, with a lot of these corrections people where bearish but it appeared to be preparations for upwards movement. First of all, I hadn't thought Bitcoin would move up so quickly from...
Anybody agrees on bull flag formation on the 4 hour frame of BTC ?
Narrowing path forming on the BTC charts. I'm leaning on the bullish side but try to say neutral. Not trading until break-out appears.
What do you guys think, isn't it a breakout of the wedge ?
Ethereum broke out on the 1h chart. This is not financial advice.
Bitcoin correction is continuing. This is not financial advise. What do you guys think ?
This is not financial advice ands purely ment for educational purpose. Ethereum channel forming on 30 min / 1h chart. Let's see how this plays out :)
We see a small breakout confirmed on the 4h chart. Break out on the bearish side and this make the chances bigger concerning a correction. I closed my position as I don't like to short in a bull trend. But personally it looks for me we are getting a pull back.
I expect a small price surge in the next 4 - 8 hours due to the fact it hit the bottom of the trend line and we are still in a bullish pattern. When Bitcoin 1h candle closes below trend line I would consider it a bearish move and expect a small correction. This is not financial advice.
Hi guys, It looks like this is a good opportunity to place a short as the price hit resistance. Waiting to touch support to open a long position as a good option too.