I'm liking LTC long here: 1) We have cleared the majority of the local resistance (see right on VPVR) 2) Bullish divergence on Stoch RSI 3) Bullish divergence on MACD 4) Possible bull flag forming.
A useful exercise is presenting the opposite scenario 1) 3 Rising Valleys bullish continuation pattern 2) Bullish divergence 3) Volume still good
We may be primed for a bit of a pullback here. 1) MacD and Stoch RSI both seem to be signalling overbought conditions. 2) I've highlighted with arrows where this has occured in recent history and you can see subsequent pullbacks. 3) Possible rising wedge? Shorted here.
Obviously a great day, however I'm still cautiously bearish and I'll explain why. Points marked on the chart: 1) Positive news is that we've formed a golden crossed on the indicators I use (7, 49). Typically I see a big move up once this happens. 2) This crossover can break down as we saw on point 2. On the bullish side, this has now come after potentially a...
This is an update of a chart I created on a different account: I am updating here: BTC update I still think the worst is behind us now. We may retest 6k but I can't see lower just based on prior fractals. There was indeed nothing more than chop since the last update. We did have an #altseason rally. So what next? If this continues the trend, new ATH in July....
Feeling bullish on $ETH 1) MACD and Stock RSI look good. 2) Volume has been solid. 3) Uptrending. 4) Reached 0.68 fib level, every chance of it pushing to 0.5 at 75k sats.
Price is moving well from the previous update. I don't see a great deal of resistance leading to the next fib level. I expect a nice clear path to roughly 73k sats.
$LINK 1) Pushing through the cloud on the daily 2) Ridiculous amount of volume accumulation prior (look at that!) Perhaps a day or two late here, but I might give this a go.
$SNT looks good here. Good volume accumulation, and the EMA's I use have crossed over which is usually pretty bullish.
$EDO No clue what this project is, but the chart looks tasty. 1) Bottomed out from previous highs. 2) Lot's of volume accumulation in this range. 3) MACD and Stock RSI both looking good.