it's retesting a falling wedge. rsi stochastic on 1d, 1w, 1h all bearish, 4h shows little bit more up possible.
bullish divergence on monthly chart! falling wedge
Descending triangle spotted, twice. Also bearish continuation on rsi
The charts are yes indeed, similar, all exchange tokens have way more downside it seems. I cannot think of a FUD that would make BNB very hard. Anyone?
Top 5 crypto, market cap over 17 billion, with over 80% holders who bought below 0.001. I lost 7500$ shorting Doge, but I still warn you all. The RSI is also near resistance and forming a triangle pattern. Doesn't matter if in court documents he states Doge will be used, he probably cannot use it, Doge is not legal tender!
Look, Doge is in top 10 coins in market cap, yet it is an inflationary coin, with 82% of holders holding the majority. The liquidity is also very low. I see a head and shoulders pattern with target 0.01. This means Bitcoin will possibly reach 7~8k again. Sounds insane. First target is 0.04 I don't expect big bounce there. Indicators: weekly hit resistance, daily...
Please look at previous times our 1D RSI Stoch hit overbought levels, it is incredibly high now. I opened a risky short at 3x, I think we will all go down to 0.01! You may be angry, but please analyze the chart yourself. I highlighted the important parts.
Tradingshot said bearish, that's false, we going up
First of all, there is a bearish divergence on the OBV Second of all BTC HT shows incredible overbought status in stoch and RSI Third, it reached resistance from October to November Fourth, the volume is pale in comparison to the price 10~20m volume on a 1.4 billion token? Fifth, Justin Sun has 1~3b in assets, he can't pump much further Sixth, pattern shows...
I'm bearish on HT. Justin Sun is actually hated in Chinese media for pumping and dumping his own coins. He probably bought cheap and will also dump on you. The volume profile is showing incredible low volume. It will top around 9 and 10$. I shorted 1x with tight stop loss.
Bearish divergence on weekly, weekly stochastic rolling over, please zoom out. We will bottom at 0.33,
Using BTC USD chart the coin is at extreme overbought levels furthermore, the token should bottom at 0.000014-0.000015 BTC. Also double top at 0.56 - 0.55. The chart is printing a cup and handle, volume is increasing, which is all bullish, however, I do not see this resistance being broken. I have 3x short from here, easy 100% profit!
Using fractals from previous bear market, it is hopium that we will go down. But when I short, the market turn bullish. So there are your fundaments. When Dia short = mega super pump. I am not going to close my short so pump XRP, I got the lube ready for extreme pain. We will never go 0.497 right, this is the end. I did one trade with another token, lost 10% of...
TA is a LIE there's absolutely no reason why XRP going up. Please don't destroy my short. It's a dinosaur dead coin with poor fundamentals. Doesn't have smart contracts, after more than 10 years. Mostly hyped up by early investors. People predict on internet this coin will 1000x and eat all other crypto. 1500 tps poor. If this stuff pumps then TA is a f... scam!
So I did a deep analysis, XRP should correct at least 7% maybe even more. I do not understand this dump!
When I short it go up, when I long it go down. TA doesn't work. Why? Please don't pump.
My personal opinion. I don't think the bear market is over.
Get ready for 30~35% discount for all your crypto. This will be the bottom