Refer to previous LTC/USD chart - LTC/BTC could possibly be in a FW right here, and I would be watching for the previous double top highs (overhead horizontal) for the LTC/BTC target if this confirms to be a bullish falling wedge and breaks upwards - RSI new higher low on macro tf, OBV respecting horizontal zone and turning around right here - volume profile...
As posted in my previous chart, my targets have been hit almost to the tick so far although they have been hit much sooner than i expected, so in this chart i tightened the waves up although they are still the same price targets as before- If we go up from here, it will most likely hit where my 5 is located which is the next liquidity supply zone overhead - About...
ETH could very well be finding a bottom here - we have tested the OBV low now 3 times, and for the 4th time we have a HL We have created HL 3 consecutive times now while ETH attempts to dump further, with a strong holding within the current liquidity zone RSI continues its HL uptrend as well A strong bullish candle with high bullish volume here up through the...
Refer to previous 1H chart / explanation - I'm only long if this box is broken with high volume and OBV breaks this horizontal and we can break out of the volume profile (triangle)
If BTC can manage to break out over the supply zone overhead with strong volume breaking out of the current volume profile (triangle) and OBV can make a higher high here / break over the horizontal resistance, I will be net long
IF QNT can break the overhead resistance which it has already been rejected from twice, it could be a nice easy run up to the 8.2 area IF it doesn't I'll be looking at the retest of the lower horizontal for an entrance
Here is what I am watching for if BNB decides to do more price discovery to new ATH's Looking for an entrance on the 2 / back test of previous ATH
It is looking like we are about to have:: A golden cross with the 200 and the 377 MA's OBV is still forming HH HL while the previous ATH "resistance" on OBV has now been back tested and flipped to support on the macro tf We have continued expanding bullish volume overall on the previous large pumps - a sign that demand is increasing I'm flat, not trading this yet...
I'll be watching for how price reacts at the highlighted demand zones to decide my re-entry
Lower low is in on the meso tf - time for some correction Sorry bulls
If this is a FW, it needs to break up soon If the FW fails, it will most likely attempt to hold at the lower interim support again Depending on momentum as it approaches this support, it could fall to the lower demand zone
Falling wedge on ETH as well? We will see soon xD BTC stalling, possible altszn incoming?
Maybe a falling wedge? Maybe bottomed? We will see soon xD
I'm leaning towards bullish... Move incoming soon though, either right before or right after the daily close if I had to guess Will be ready to react quickly, stops set
This thing could really take off here... Like realllllyy take off and create mass mania, having people fomo in at 12k+, even 20k+ if we get a monthly close over the pivot, OBV breaks over that diagonal, and RSI remains over its horizontal, we are bullish asf - green dildos slinging all over the place
Previous charts of the broken parabola were obviously meso tf being that the parabola was only drawn on part of the recent movements and not from the actual true bottom, which did react as expected with a nice drop once it was broken If the parabola is drawn on the macro tf, we have stayed above it while filling the CME gap - bullish Alts remain bullish and...
We have developed a 4H Falling Wedge hanging off of the "broken" parabola Nice confluence here with a run up to 9200 based off of the prior measured move and the R3 on the 4H Would also be a possible back-test of the underside of the parabolic move - If there is large bearish rejection here, a blow off top could easily follow Everyone is expecting a retrace...