We should wait until this weekend close on the current candle, as long as it's still closing above $43000, then it would make a new high soon (5 - 6 weeks - target is $79000). If this weekend BTC is closed below $43000 then we should have worried since it's making "lower low" - only TA, I don't care or get noisy about news or people think. Charts don't lie
Look like ADA will need to back test level 1.05 before market decide if they are gonna support ADA or not
Look like BTC might make another head and shoulder if we don't have a huge bounce on Monday, market will continue flushing out
Still in bull market, a bit sell-off is healthy for overall bull market.
Doji at the top of Bollinger band is a very bad setup for the bull
Look like sellers could control the market now, if buyers won't step in immediately. By the end of this week, if BTC won't be able to close the candle above $32,322 then BTC will have more downside coming the next following weeks ($28,000 and $20,000)
Case 1: Since 01/2021 (6.5 months), ETH has been holding strong and closed the weekly candle above the black line (support line). So the current weekly candle needs to do the same thing to protect the bull market and reverse the downtrend. we shall see by 5pm on Sunday when the weekly candle closes. Case 2: If the current weekly candle close below the black line,...
Look like Doge is holding strong support, if it would break out of the pattern, then will potentially back test ATH. Time to get in for long
BTC is officially move into the b ear market, including MA and EMA
Look like ETH go down even more. bearish flag on 3d chart
look like BTC appear the bullish divergence on daily chart
From the candle 1, it's already broke out the pink triangle to move to the new territory and the candle 4, sellers to push it back to the pink triangle. If market could close above the $1926 by the end of this month, then we would see a higher high and the trend reverses
Luna had 4 weekly candles that closed above the red line, then it broke out the pattern and went parabolic. Now Luna had 3 weekly candles closed below the red line, the current candle needs to close above the blue line (separate the bull and bear market). If it holds strong enough, then Luna has no problem to retest it ATH
Bear market started back in 2018 when BTC below the EMA ribbon on the weekly candle closed.
1. Look like SOS found its pattern as a big descending triangle. It's weekly timeframe so we have to give it sometime to move within that triangle until it's breaking out to the upside. up to 3 months to 6 months to hit 1000% (the pole of the flag) - Target $40 2. Neutral RSI - still around 50 3. MACD is still having some downside, but we should see it reverses...
This is opportunity for Tlry to make a big move in history from downtrend to uptrend. 1. Monthly candle never closed below the yellow light support. It needs to hold this strong support to maintain the trend. 2. This could be a fourth month that Tlry hold above the upper band of Bollinger band - if Tlry could still maintain it 3. Tlry has an unique opportunity...