Also, an MA golden cross of the 10 day MA going over 20 Day MA is a good sign to call out a potential long here.
Bullish Divergence: Notice the higher low on RSI while the price made a lower low. This shows strength. If the trend line holds, one could expect a bounce here.
ADA has had a super run. However, the 4H RSI and Daily RSI are in the over bought zone. Expecting a healthy ABC correction as indicated on the chart. Accumulation zone could be anything between, however, this would really depend on how BTC, it's big bro is performing. 0.5Fib - .00002426 BTC .618 fib - .00002266 BTC Any bullish move from BTC above 8500 will...
At the current price levels, ADA can easily go upto $0.30. When the market fell, ADA fell harder, expect it to bounce harder too. However, if BTC falls significantly below $7500, this target becomes invalid. DYOR! Happy trading! P.S.: Please do leave a like and comment below to show with your feedback. Negative / positive. Cheerz!
Historical resistance zone around $60. Stoch RSI and bearish divergence on the RSI indicate that traders would be booking some profits at these levels. A correction would be healthy at this stage for the bulls. Happy trading!
It has been rejected in this zone a few times. Can it break through this time around? Currently in a no trade zone. I'd be watching closely how it plays out. Looking for a confirmation before entering a new position. The momentum looks strong but given the overall market, it could go either ways. Also, watch out how BTC plays out before making a decision. Happy...
Check out the bear flag being painted on a 15 min timeframe. Also, see how the RSI is dropping despite the increase in price - evident bearish divergence. Be Careful guys, this could get nasty!
Notice how the RSI is declining despite the rise in the BTC price.
Stoch RSI in the overbought zone, RSI pointing down on the 4 hourly chart and ETH has bounced off key resistance. Buy back at lower levels. Pls Do leave me a comments / feedback. Do you agree / disagree? Happy Trading!
Potential to buy back at a lower price.
Indecisive on whether the surge in BTC price is an upturn or a bull trap / artificial spike? Keeping an eye on the volumes. It will take considerable momentum for the bulls to turn the tide in their favour. Do share your views / comments / feedback and hit the like button as a sign of encouragement. Let's stay connected & grow a strong crypto portfolio...
VeChain looks like it is trending on what i see as a very nice bullish channel. Watch out for new developments, markets also warming up for #VeChainThor!