RSI-Guy
Be interesting to see if this second channel plays out as cleanly as the first. Upper resistance looks well-established but lower support could do with another retest to confirm the pattern. $9,800 support could prop up price action temporarily but MACD, RSI and moving averages all currently favour a bearish continuation. Assuming the channel plays out all...
Wouldn't it be great if BNB fails to test the $32 res, retraces to the shoulder line around $28 and goes on to complete a beautifully crisp inverse H&S pattern?
Pretty self-explanatory. If we close beneath the current rising wedge support then we should anticipate a correction down on to the base support of the encompassing wedge pattern (approx $8,900). If we somehow manage to find new bullish support - perhaps from the soft launch of Bakkt today - then we'll need to see a strong daily close above $10,700 to confirm a...
Consolidating against strong support and very well-established resistance. Volume is not looking great, but MACD and RSI divergences are a promising signal. Might be worth watching over the next couple of days.
Self explanatory really. Keeping it simple, ADA has just broken through a major long-standing resistance. Mid-long term price target at $0.22 for a 245% ROI. Enjoy the bull run guys and don't forget to take profits!!!
Brave Ads rewards are now live. 0.382 fib level creating some short-term resistance. 0.5 fib level overlaps with key downtrending resistance - this will be a serious test for BAT bulls. Read full TA at Cryptovest.com - Cheers!
Hi guys, I'm not one to usually shout "100000000 x gains!!" like the moon boys you see everywhere in this space but after looking at SNT over 1D candles, a strong bullish reversal is certainly looking promising. Buying momentum has been building consistently since August 15th on both the 1D MACD and RSI indicators. Candles have been oscillating inside a...
Right now Bitcoin is resting in amongst 3 overlapping support levels. The $6,325 is looking like a strong support level in the short-term and should help drive the asset sideways. BTC likely to oscillate between this level and the $6,700 resistance above until further news arrives to lift the current market sentiment. If bears are successful in driving BTC...
BNB is about to reach maximum consolidation between the downtrending resistance (dotted line) and the psychological support at 150,000 Sats, that has held the asset up for the last few weeks. From here it's likely to continue downward until it finds new support along the uptrending level (black line). RSI on 1D, 4H and 2H are showing a marked decline in...
Momentum at the current support (dotted line) is looking frail. Bears are likely to overcome this level soon and push DGB down to the stronger pennant support below (red) which also overlaps with lateral support (lower blue line). This doubled up level should provide bulls with a good opportunity to push back and continue inside pattern.
In the last week, Bears have managed to force XLM out of the long-standing bullish pennant pattern that has been forming on the 1D XLM/BTC chart since January. Bullish traders attempted a throwback to the support not long after exiting, but it flipped into a strong resisting point and overpowered the uptrend. Any hopes of a surging bullish breakout from the...
Look at the 1D XMR/BTC we can see that the current uptrending asset has met a strong resistance (white dotted line) which is preventing it from breaking cleanly through the resisting Kumo, on the Ichimoku indicator. CMF is showing increased buying pressure but now the asset has spilled into the overbought region on the RSI. Bulls will need to drive beyond this...
Hi guys, BTC is edging closer to the crossroads point, around $6,800. Ascending wedge pattern is typically a bearish continuation signal but we could see bulls reject this and push beyond the first resistance channel. If bulls achieve this, we could expect a throwback to the resistance, where BTC should then find support to continue uptrend (white line)....
BNB/BTC is positioning perfectly for a bearish head & shoulders pattern but EVERY indicator is saying otherwise. Despite what the indicators say, you can see how this pattern could be setting up. Clear neckline, prominent head and left shoulder, and a struggling Bitcoin market. Yes BNB is outperforming the BTC market right now but if alt-coins decide to have...