- Bounced perfectly of the support area - OBV bull divergence, the same as BTC. So VTC will strongly follow BTC the coming days -Breakout of the wedge would be very good Resistance points/targets: - $1.45 (20%) - $2.87 (125%) - $4.30 (250%)
Very difficult to say if XLM will breakout at this moment I expect a small retracement first and then make another attempt to breakout, smaller timeframes seem exhausted I hope XLM surprises us. If you're not in XLM yet I wouldn't open a position right now , but things are looking good for XLM in general.
Text in the chart The OBV divergence on the weekly gives me an indication that the uptrend will continue. On smaller timeframes BTC will test some supports, but the bigger picture looks bright. FA wise it seems that some good weeks/months are approaching.
Yes people Verge, On the bottom right now waiting in line to go up. Next to Verge in line is probably Ripple.
You could: - starting DCA right now - All in at 34000 Bargain buy right now
text from top to bottom: - Resistance area 6500 - 6800 denied & Rising Wedge - This is the next important resistance current level - 6040 - BTC probably retesting the downtrend line If it bounces of the line I'm still positive on the price action -Im positive it is going to bounce on this line given the small bull divergence + RSI is oversold -...
Falling Wedge & Bullish Divergences on the daily Resistance points if breakout happens: 1= 41K 2= 43K 3= 45K Could be first heading to: 35500 - 36500 Depending on BTC Failure: 32000
Time area - 2017 - present OBV on the weekly chart is a great tool for finding reversal signs. So far all the divergences the past few months has played out pretty nicely. Right now we can see the biggest bull divergence yet, so exciting times ahead to be fair. Note: The top of april can also been seen as a bearish divergence, forgot to include that one.
Just like BTC, a bull divergence on the OBV These kind of divergences on the OBV will always play out big. So probably one of the following alts wich much potential
Falling wedge pattern on the daily with a bull divergence on the histo, potential cross on MACD gives me an indication that ZCL is a great opportunity right now. Next week could be the breakout of the falling wedge, as the falling wedge closes If history repeats --> sideways movement for a couple weeks --> accumulation --> break out big time august/september...
Bullish & Bearish scenario Desicion time is very soon
Testing to break out of the falling wedge --> Probably the next alt that will go 20% in satoshi value But set a stop loss --> breakout fail and could go towards the lowest point (around 19K)
Weekly: 1: Bull divergence on OBV. Positive reversal on volume 2: Triple bottom/strong support at 5800 range --> tested three times, three times it hold 3: Fundamentals are really strong at this point 4: Some alts are making a strong comeback Daily: 1: Bull divergence on multiple indicators 2: BB squeeze coming --> volatility coming very soon If BB...
Personal view on the BTC playout coming days Bounced up nicely in the 6200 area as I expected. Since a lot of people are predicting 4K and lower I'm getting more the feeling it's all over soon Same mindset as in april and look what happened. Saw a lot of 'pro' analysts predicting 4K aswell
Probably first a short squeeze giving space for the longs. Unfortunately Longs are playing in a rising wedge in a downtrend Probably a breakout downwards after that Wich could mean another drop for BTC after the upwards movement.
If you look at the SMIO , this bear market has a remarkable pattern wich played out twice now. Expecting a third playout Why? -This feels really like the end of march/begin of april kinda period when shorts were getting rekt, wich will happen anytime soon. Shorts are really overbought with clear bear indicators. - The pattern looks really bullish to me -->...
On small and bigger timeframes you can see now bearish divergences. Time for BTC to have some upwards momentum (expecting 7100)