- Order block support - Double bottom - MACD curling up - Bullish divergence Looking for it to break and retest the trendline or the recent high before I enter. Preferably with some nice volume.
A lot of nice setups in the market, but this one seems better than most. - Price retesting 21 EMA - STOCH RSI bullish crossover - Bullish divergence - Fibonacci confluence (not visible on chart)
- Green zone = weekly support - Touching 4H resistance - EMA crossover imminent We have to break the monthly open, which has confluence with our resistance zone. If we do, I'll enter a position on the retest.
- Support zone - 21 EMA support - STOCH RSI cross - Declining volume
- STOCH RSI crossover - Large bullish candle - Broke 21 & 50 EMA - EMA's bullish crossover Crucial that we break the .618 FIB & resistance zone in order to gain momentum for continuation
- Ranging since end of januari - Double resistance zone - Rejection of a two-month trendline - Definite downtrend
- Support zone - Above 21 & 50 EMA - On the trendline - Came down to .618 FIB Looking for STOCH RSI bull cross and a bullish engulfing candle TP: -0.28; -0.618; -1 FIB
- Golden pocket - Broke resistance - Touched 21 EMA - EMA's curling away - STOCH RSI crossover - Bullish engulfing Clear and easy 2R/R
- Broke resistance - EMA's crossed - MACD curling away - Bullish market structure Will be looking to buy on the retest for a quick 3R/R
- Broke support - Broke golden pocket - Broke out of channel - EMA's looking like they're going to cross - MACD curling up
Tezos had a nice run over the past week but is still in a general downtrend and currently reaching a tough resistance area, which coincides with: - 0.5 FIB level - 50 EMA - Low volume compared to the last big run in sep/21. This makes me confident in that we are more likely to see a move down. Waiting for confirmation on the lower timeframes before entering
- Rejected from 21 EMA - Descending triangle - Support held four times, making it weaker every time Could see a breakdown into the golden pocket or the next support area around $1.55
- Head and shoulders pattern - Bullish reversal candle - STOCH RSI curling upwards - Bounced on the golden pocket LET'S GO
- Retest denied from 21 EMA - Rising wedge pattern, which is a bearish pattern - MACD in bearish crossover
- Broke strong support zone - Retested and denied - EMA's curling away from each other - Volume rising - No real resistance until $0.035
We can see on the 4H chart Bitcoin got rejected on two different areas if you will. - Red horizontal daily support, which coincides with the 50EMA - Or: wick got rejected at the 0.5 FIB level. Either way I believe we might not have seen the end of this major correction. Are you buying? Hodling? Selling?
- Broke through crucial support and is consolidating below it. - No support up until $0.12 - EMA's curling away from each other, signaling more downward movement might be on the horizon
- Green support level - Golden pocket approaching - Price breaking 50EMA and closing in on 100EMA Enough confluence for you?