PhoenixBlue

PhoenixBlue

Coiled spring, hit resistance, pulled back and developed a strong positive divergence on the 4H chart. Following runs on AKT and FTM, this looks primed for a run.

PhoenixBlue Updated 

Positive Divergence on KUCOIN:AKTUSDT on the 4H chart - likely to resolve in upwards momentum

PhoenixBlue

BINANCE:BTCUSD Has made an impulsive move above the downward trendline. It is also showing a Bullish Divergence, with the RSI and MACD making Higher Lows, whilst the price made lower lows. Still significant overhead resistance to overcome with the Moving Averages overhead - Could chop sideways and backtest the trendline breakout before moving higher Overall...

PhoenixBlue

The selling on BINANCE:FTMUSDT is overdone on the 8H Chart Last time the RSI was this low, was on the AUG 5th 24 crash lows! The market is turning higher for ALTS, I can see FTM catching up and not going much lower from here, considering we're in the high volume node accumulation zone. Coiled spring, ready for a bounce out of the accumulation zone.

PhoenixBlue

Bearish in the symmetrical triangle - Every time the 20 MA crosses down through the 50 MA, there's a sidewise and downwards consolidation for a few months. Will this time be different? Potentially The chart needs to break above the top resistance to consider a position Much better setups from a R/R perspective out there.

PhoenixBlue

Momentum indicators favour breakout. Price doing a double bottom on the 4h chart, with RSI and MACD trending higher (a bullish divergence)

PhoenixBlue

GATEIO:ALPHUSDT Price has been declining making a lower low, but RSI and MACD trending higher despite the lower price action. Selling pressure dissipating likely to resolve with a price higher

PhoenixBlue

Bullish divergences tend to resolve in higher price. Selling momentum dissipating.

PhoenixBlue

MACD and RSI Bullish crossover imminent as the price action back tests the breakout of descending trendline.

PhoenixBlue

BINANCE:ENJUSDT Stalled on descending resistance line on log chart - Ready for the next leg higher with the Momentum indicators fully reset.

PhoenixBlue

BINANCE:CRVUSDT Stalled at horizontal resistance. Indicators cooled off, and now ready for the next leg higher.

PhoenixBlue

Bullish MACD Crossover Imminent on the daily, with RSI already pushing through the MA. Ready for the next leg up to ATH

PhoenixBlue

A few reason for continuation for the next move up. Bull Flag on CRYPTOCAP:OTHERS Momentum indicators, MACD and RSI have reset and ready for another leg higher CRYPTOCAP:BTC.D Backtested highs and ready for drop Fear and Greed Index reset, from extreme Greed to Neutral This is looking great for Tier 1 Alts, Alt L1 and L2 Ecosystems Most...

PhoenixBlue

$MILE - Highest volume trading day on the way up signalling a reversal in play, could even come as soon as this week. Plenty of overhead resistance, but with a double bottom forming and a high volume on the way up signalling accumulation, this is setting up for a gap fill at least. A breakout above 7 would send this soaring. Target 1 the gap fill area of ~6.75

PhoenixBlue

Crazy accumulation at these levels for Vaxart Support becomes resistance - Give us 42 upon break of the weekly triangle.

PhoenixBlue

A pullback to the EMAs would be a good entry if not in already.

PhoenixBlue

Risk 20% for about 70% upside for a 1 to 3.5 Risk/Reward ratio

PhoenixBlue

A pullback towards the EMA ribbons would be a great entry