Has BTC Topped out for now? Bearish Scenario - Bearish Divergence seen for price movement from $36k to $55k - The rejection of price happened at the 2.618 fib extension from the price highs of 2017 to lows of 2019. What would this mean? Likely to retrace the following price levels. - 35/36k (13 EMA) - 18/19k (55 EMA) - 10/11k (233 EMA) Referring to the...
XRP looks set for a Bull run. On a weekly time frame, Signs of Strength are seen 1) Bullish divergence 2) Large volume at the current weekly candle What could this mean? 1) Trend Reversal 2) Fractal from 2017 Dec could play out With the current Fear Uncertainty and Doubt (FUD) in the market on XRP, it is the best time to buy. As the saying goes "Be greedy...
1) BTC/USD made a breakout on 27 April 2020 after forming a rising wedge pattern. 2) BTC/USD will test two key levels before confirmation of uptrend. 3) The first key level of resistance is at the 0.786 Fibonacci extension, converging with the upper trendline of the downward channel. We wait for a weekly close above this level for first confirmation. 5)...
VELESTO-WA Hidden Bullish Divergence Breakout on falling wedge pattern with Volume TP 0.24
Medium Term Resistance 1) 1599 2) 1964 3) 2795 Long Term Resistance 4) 3511 5) 5233 6) 8999
Hi everyone, how’s everyone doing? My current thoughts of the current KLCI. 1. I’ve been watching the KLCI for awhile now, and it seems like we’ve been in this falling wedge pattern for quite awhile now. 2. Writing this at August 5 2019, The chart is telling us that we’re heading for more downward action in the next few weeks. 3. My thoughts are that a...
TRON is BULLISH. 1) OBV in an uptrend 2) Price is above trend line from Dec 2017 Breakout 3) Trading in an ascending Channel. 4) Bullish TK Cross over on the daily. Targets based on Fib Levels
Stop Loss at 489 satoshi for those who entered at a higher entry point. Those who look to enter the market now are welcome to buy at 489 and a stop loss at 326 satoshi. The R/R is 5:1 Sell targets are 1) 616 Sat 2) 706 Sat 3) 796 Sat 4) 1086 Sat We might be at the end of an A-B-C correction.. (I could be wrong on this)
We refer to the chart above, What we have here, are possible "Support" Zones for Bitcoin. We have finally broken structure, as the previous support, now turned resistance of 6420.20 (refer red horizontal line). This level was tested twice in Feb and April. Now, we move on to the next support level, that is the 5859 level, seeing as to how weak the current...
It seems that ADA/BTC has finally reached a bottom. From the chart we can see a clear reversal trend indicated by the 'hammer' candle. By applying Fibonacci extensions, the targets for this trade are: 1) 2563 Sats 2) 2958 Sats 3) 3280 Sats 4) 3994 Sats 5) 4543 Sats This is just my opinion and not a trading advise.
TRX BTC Making a move, on the daily chart, MACD about to cross over RSI gaining momentum Just my opinion, and not a financial advise.
Here in the daily chart, We can see that the MACD is about to cross over, the selling volume has already begun to flatten off, signalling an increase in buying volume. On the Stoch RSI, we can see an increase in RSI. In the next few days, I believe BTC will try to hit the 7400 mark.