Hello! In weekly chart Bitcoin shows healthy pullback toward current Up-trending Support Line in 40k's where major support should provide enough of inertia and resupply for the bull action continuation. Crypto market is as unpredictable as it gets, but due to multiple major players and even (countries!) taking interest in utilizing Bitcoin, its face value is...
Hello! After a recent flash crash Bitcoin formed a Bearish ascending pendant pattern indicating continuation of the crash. Volume also is diverging to the flag supporting the possibility, as the minor ascension does not show volume support to it. The target is in the zone of 40k, which is current ascending support line in daily charts. Good luck trading.
Hello everyone, i hope you are well. Chainlink was keeping a very low price in spite of ongoing (and recently intensified) collaborations and integrations Chainlink is taking a part in. However, this is a TA analysis, not Fundamentals or project collaboration discussion. LINK:USDT is forming a wedge/triangle with much higher movement zone pointing upwards, as...
Hello! I hope you are well. Verge in XVGUSDT pair is consolidating at the tip of triangle with diverging highs between chart (Lower Highs) and RSI (Higher Highs). Although this trade will be in Binance, Bittrex chart had to be used for full history and resistance levels. Thus arrow is not an indication of next target, resistance levels are. All will be decided...
Hello! I hope you are doing well. DOT:USD(T) in September shows divergence between RSI and Higher Highs in chart. It is already in the tunnel it entered February this year and left in May. These are very strong support/resistance lines and were tested over and over again throughout these months. With Polkadot/Kusama Parachain program the price can mean both -...