


dagerous!!! stoch rsi overbought, usually 30%+ drop. rsi weekly resistance!! OI interest ALL time high, majority of OI is opened on top of the rally which is not good for bull! website to check open interest: www.dprating.com
we will bottom around 2k before the end of Q3 2019, next market cycle btc will hit around 60-100k between 2023-2024. i will be back to bull once we hits 2k or when we close to Q3
BTC: clear bearish pennant continuation pattern forming on weekly, we still have not seen capitulation volume yet. ETH : weekly stoch rsi is already bearish crossed, ethusd long/shorts hits ATH, around 4. overall sentiment: retailer money has been sucked in shitcoins that playing pump and dump game. ETH long/short also indicate the overall sentiment of the...
ETH price movement is driven by leverage, its not sustainable, crash can happen at any time. bear market is not over yet, new low will come...
chart says everything... long/short ratio vs btc price action
Bitcoin is trading between the low and middle of the bollinger band for the whole bear market. Its being constantly rejected by the middle of bollinger band after each counter-trend rally. From the last bear market we can see once bitcoin break the middle of the bollinger band, and acting it as a support, then we can confirm the long term trend changes from bear to bull.
Xrp is at a major decision point at this point, there is a major support line established from 2017. I believe this will break down in weeks. The blue line here is the open shorts on bitfinex. As the bear market continues, we can see the shorts interest is growing through time. There are certain times, whale will do the short squeeze to bring the price up, xrp...
charts says everything. A bigger bounce is going to happen before the capitulation happens
Bitcoin dominance chart shows some interesting patterns. At the beginning of the bear market, the bitcoin dominance dropped significantly from the last shitcoin bubble. The bitcoin dominance did a W bottom, and then hits the expected target around 55% with the etf new rumor. After that, the bitcoin dominance started to form a bull flag , based on the symmetrical...
i see two inverse head&shoulder can possibly playing out inside the falling wedge ...my plan is to long at 3370-3385, stop is right below the last low at 3350...if the support 3350 breaks, bull has the last chance to fight up, around 3320-3250. The reason i only playing long here, the RR is much better for bull, while i still have my shorts from 4180...unless i...
shitcoin vet W bottom, potential pump incoming! OBV looks good to me, buying pressure is rising, volume picking up at the break out of W bottom. We also have the retest of on top of the W bottom. stop loss just below the support, its another low risk, high reward trading setup. lets go shitcoin vet!
The falling wedge is a bullish pattern, plus the 4h bullish divergence. There is a high probability the wedge will break up, this is a high reward low risk trading setup, we can still drop to the bottom of the wedge and then spike up, or we simply spike up from here. The only concern for the bull is that the long/short ratio is high. However, with such high RR...
trx possible top, news driven pump, declining bull volume, rsi bearish divergence. set proper stop loss to short!
The clear wave structure, as long as tronzi cant not break the high of the wick, the analysis will be valid. Bearish divergence on multiple timeframe indicates the exhaustion of the buying pressure. The first target of C wave is around 540 sat, it might take weeks to reach there, be patient. The target of C is based on 1:1 extension from A wave, which coincide...