BTC on its way to hit the 0.65 Golden Ratio. Sideways triangle and neutral on RSI
It's a long-term possible play-out for the total market cap. What do you think?
BTC Dominance is looking very bullish meaning that entering alts at this point is extremely dangerous
Looking at RSI it is possible to get a little bit of upwards movement before we fall back down hard again
Classic Symmetrical triangle happening on BTC which is bearish more often than not
Considering the CME Futures gap, a positive STOCHRSI and a slight bullish divergence on the daily I think Bitcoin will move up a little to at least $35k (CME gap) and maybe a little further against the $40 K area. Also the EMA is running up against BTC resisting it from going up, but this EMA is not of the most significance imo
BTC short term is finding support on the EMA's but a heavier resistance is waiting a little above... Time will tell how it will turn out
Both indicating on price action and RSI I suspect a similar price action about to happen to Bitcoin as market seems to be hoping for new ATH's
Looking at just simple price action I see 2 indecisive candles with a (potential) hanging man candle inbetween. I suspect BTC will be having a bit of trouble holding this current support considering the low volume. It will head back down for a breather at the stated support level which has more positive and strong history before rallying back up again for new ATH's
Using the most simple techniques this is the most logical price action for bitcoin based on the 4H. A typical S/R switch and a strong price action (higher lows) which coincide with the possible path for Bitcoin. MACD is also turning around for the better.
TOTAL2 Market Cap (Market Cap excluding bitcoin) is at ATH levels about to break through the resistance barrier. This meaning Altcoin season will soon be taking over
VETUSDT getting ready for some great upside potential. RSI is in favour of this trade in this case
Possible H&S forming on LTCUSD pair if you don't consider the last little 'surge' as the second shoulder. This means LTC is at a interesting price point to buy in with a tight SL to try and catch the shoulder up to the neckline around $98. The support in case we drop down the support will be around $51 as the chart shows. Another support for this H&S claim is...
The same resistance line that pushed BTC down at $6500 level is fighting with BTC now again.
RSI coincidices with pricepoint. Falling triangle is bearish of nature, take BTC for example when it broke downwards at $6500 area
LTC, one of my favourite coins, is clearly touching resistance currently. 6 previous times this price region has acted as a resistance and at least 2 times it acted as support. But these days you can just never know with LTC. Thats why I suggest a tight SL at $58.01 Target is $47 region where it can also meet the 200MA, but as I said, LTC is acting up lately so...