Every time Eth has touched the yellow line, it jumped back to 250 within days. I expect a 200 dollar Eth minimal by the end of this week / first half next week.
Based on the symmetrical pattern that BTC is trading in the last months (green lines), I think it will pierce trough the bigger downtrend this time. After that we will trade sideways for a while, have one last dump, and then start the new bullrun :)
Within a few hours, maybe a day :D
After the big pump that took Bitcoin to the 5000 USD levels, the price has been making higher highs but the RSI and MACD have been making lower lows. We could ppossibly be looking at a hidden bullsih divergence that could be accompanied by a good spike to the upside. I expect we are going to be trading in the 5500 - 6000 range soon.
ADA has hit the .236 retracement level, where it normally bounces off from. I think the next wave up could start soon.
After an insane swing to the upside, ADA is experiencing a good pullback. Now on the hourly the price has made an higher low and the RSI a slightly lower low. This tells me we have a small hidden bullish divergence and a breakout to the upside is possible. Waiting to see if volume can back it up.
We have had the golden cross (50 MA over 200 MA) on the daily on march 15 and today we see a bullish cross today to confirm the uptrend. We only have the last two resitances of 1350 and the area of 1375-1400 to break, after that there is no serious resitance until the 1800 - 2000 levels. With the RSI dangerously high, I expect a pullback or at least a cooling down...
Againg a falling wedge. Againg a break to the upside??
We just need to take the 50 day MA two points higher to let the 50 cross over the 200 day MA. Will this start the long expected bullrun?? Taken from investopedia: www.investopedia.com What Does a Golden Cross Tell You? There are three stages to a golden cross. The first stage requires that a downtrend eventually bottoms out as selling is depleted. In the second...
ADA is gearing up to break the 1250 resistance. A nice triangle is now completed, will we see a big move up again. Also, on the hourly, the RSI is making lower lows while the price is making higher lows which supports the likelyhood a big move to the upside is coming.
ÀDA is completing a three month symetrical triangle. This in combination with the higher lows on the RSI and MACD leads me to believe ADA is going to break up massively
Today we had a solid confirmation of the trend reversal for ADA. Cup and handle was formed with a small break to the upside. Just to be stopped for a few day by the 100 day MA and the first major resistance at about 1150. Today we smashed trough this first resisance to fly right to my first target around 1250. I expect some decent resistance around this level...
A nice cup and handle has formed on the 4h ADA chart. With a swing of 100 sats that brings us to 1225 before testing the 1400 level, and who knows what then?! Looking at the RSI, looks healthy, we got a long way to go before we reach overbought conditions :) Bigger cup and handle on the daily:
We closed above the ichimoku cloud yesterday and bounced from it today. If we can hold today and break the 100 MA (0.00001100) we could rise and test the 200 MA shortly. Normally a break through the cloud is followed by a good upswing, so buckle up and enjoy the ride!
If we close today on 1110, we are not only through the daily ichimoku cloud, but also on the weekly some strong indicators for a trend reversal, stay tuned
ADA filled the complete triangle and just broke throug the ichimoku cloud. This combined with the upcoming update for Shelly, tells me ADA is about to take off..