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.
Momentum indicators favour breakout. Price doing a double bottom on the 4h chart, with RSI and MACD trending higher (a bullish divergence)
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
Bullish divergences tend to resolve in higher price. Selling momentum dissipating.
MACD and RSI Bullish crossover imminent as the price action back tests the breakout of descending trendline.
BINANCE:ENJUSDT Stalled on descending resistance line on log chart - Ready for the next leg higher with the Momentum indicators fully reset.
BINANCE:CRVUSDT Stalled at horizontal resistance. Indicators cooled off, and now ready for the next leg higher.
Bullish MACD Crossover Imminent on the daily, with RSI already pushing through the MA. Ready for the next leg up to ATH
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...
$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
Crazy accumulation at these levels for Vaxart Support becomes resistance - Give us 42 upon break of the weekly triangle.
A pullback to the EMAs would be a good entry if not in already.
Risk 20% for about 70% upside for a 1 to 3.5 Risk/Reward ratio
A pullback towards the EMA ribbons would be a great entry
Massive Falling Wedge on the cusp of breakout for $INO - The EMA Ribbon offering support and turning bullish with higher than average volume on Friday
The downwards trendline is showing signs of cracks and buying on weakness presents an excellent risk reward opportunity on HTBX that has just filed a patent application for a lung cancer inhibitor.