The upper chart is the Bitcoin-USD price. The BUY and SELL signals are shown with "red" and "green" rectangles respectively. Since the crash of 2018, this signal has had significant results. The lower chart is SixSilverSpoons' Stable Coin chart. The higher band of the cone is the SELL signal area and the lower band of the cone is the BUY signal area. When the...
The price has broken down the Fib Channel 78.6% level, and it is anticipated to get down to the 100.0% (from the top) in the near future which would bring the price to around $8-$9 per Chaninlink token. To draw this Fibonacci Channel, the main trend line connects local high points. If the price does not hold this level ($8), the 123.6% Fib level could be the next...
The Stablecoin SSS index suggests a "buying time" for Bitcoin. This indicator is a new model and is not financial advice. In the last few years, according to the data, when the SSS indicator (Blue line in the chart) approaches or hits the lower green line, it was a great time to buy Bitcoin.
Another Pump and Dump Over 200 Million XRP is sent to exchanges in the last hour. First, it pumps. Then I get fooled and buy more XRP, Then he dumps and I will loose money. (Not quite like that, but you get the idea)
There is a possibility that the pattern gets repeated again for #BTC. It requires to bounce not lower than $15-$14K, and then it might takes it up to $29K before the next correction.
Wait for another test in $17-$18K It might create a lower low or a Double Bottom RSI: Then, if RSI "bottom" is ascending, and the value of RSI gets higher than 40, most likely the price goes for $19K.
Check out this 3-Day chart: Here are some facts: Fact #1: whenever RSI goes above 82, we saw a massive correction. (Correction is imminent when RSI is at 91-92) Fact #2: Last cycle, we had 5 incident with RSI higher than 82. The 5th one was ATH. Fact #3: During last cycle, the 3rd RSI spike matched the price to its ATH (2nd previous ATH). Fact #4:...
For Multiple reasons, listed below, ETH is going to test the a higher resistance. - RSI shows an upward momentum. - Double Bottom and rejection of the previous low. - A "W" shape pattern in price chart
RSI declining. Cup and Handle is possible in short term, if it breaks the support structure (green rectangle).
Rejected for the third time @ $19.4K Unless a big bank jumps in right now, there is no logical way to pass this resistance with the current momentum. This is a 15 min Chart.
Relative Strength Index has reached 90. Since 2017 All Time High, this is the third time we see this value for RSI. First time RSI reached 90, BTC had its ATH, and price dropped immediately. The second time, price kept its momentum and continued going up after a 16% correction (from $8.3K to $7.0K). This is the third time, and we have not seen a single red...
Head and shoulder is possible in the next couple of hours.
Please enlighten me if you know what is happening with Bitcoin and WMA indicator. The volume is declining, and price has been sideway for the last few hours. And, why Weighted Moving Average is almost going vertical (upward)? Any idea?
RSI suggests that we have bearish days ahead of us; maybe weeks! 4-hr chart just declined breaking out the (white) resistance trend line. Also, double TOP is observed.
Heavy Bearish signal by RSI 4-hr chart. It probably goes up to $14,000 before the decline take place.
per my little experience from reading charts, I can say that we are at the "moment of truth". The lower chart is RSI (relative strength index) if it does not keep the strength and bounce down, we will go to another bearish season. However if it break the red line, we probably see more bullish days ahead of us. Even looking at the upper chart, you see we are at one...
Next target could be 0.28 USD. It shows it is a decent resistance.