BTC is still very weak. Moves should be short term this will probably drop again in the upcoming hours. Dont expect the greens to go above 10-15% before reds take over again
Weekly MACD is not looking favorable. First red on histogram in a very very long time. Very heavy selling over last 2 weeks.
i personally wouldnt buy this coin right now, the blue light special is coming a little later
Well it's definitely playing out as predicted. I I expect a much harder drop of it doesn't hold at the 30% range. Remember 30% is still healthy We just need to let the correction play out. Don't panic you've all been thru much worse than this. If your still in doubt go to next higher time frame (Monthly) and look at it. Its not that bad.
Looking for some input I am new to elliot waves if someone who knows it could comment with this chart. Let me know if it's correct or where and why its wrong I would appreciate the input Thanks !
As its rising up the channel opportunity to catch the rises and the falls. Macd showing change in momentum, as well as the wedge formation. Short At bottom or near bottom expect reversal
Zil/Eth has had a long down trend starting on december 27th, a month later started its stagnant period. A falling wedge forming, rsi readings approx 40 and below on daily chart this animal is lurking and ready to pounce. If history repeats the last time the rsi was this low you may see a 200% to 250% rise up to even 400% although I have my doubts it could jump...
Been watching this chart on the daily since it's last big jump. It's been consolidated since about Jan25th. Volume has been low. A Symmetrical triangle formed up and it looks like its ready to break thru. Volume has been increasing last 2 days. I am setting a target just below the resistance at the last big jump. (20%) I can always take profits and bail if it...
Yesterday and Today I have seen some really stupid shit posted. "Sell your Eth!" "collect stable coin get out!" Don't listen be a sheep, stop and look then make your decision. Look at this chart. Dips are healthy. This chart is healthy. Look how much room you have to move....
The wedge is almost complete, Who knows where this will stop. Im going for it if it gets support above 3000 range it could go to 4000
Price above cloud Conversion line (green) crosses above base line (red) MacD line crosses up signal Line Note.. Cloud settings changed to compensate for Crypto 24/7 Exit when Conversion line meets base line, or Mac d signal line crosses on top of mac d line or predetermined setting as you should have stop loss in place and take profits. Dont trade without them.
OK Peeps, short and sweet KMD has been dropping like a rock for a while. I see a falling wedge pattern on the weekly and the rsi is about 39. The 1 hr chart is in a healthy uptrend and the volume on the weekly is high. If the bulls keep buying this should be a good run. Beware: This crypto has been down for quite a while. Anyone that has it I can almost...
I have both the daily and 1 hour charts. The 1 hour is looking strong in its climb. It should be retracing a little soon but thats normal. The daily has a nice triangle formation, looks like its ready to climb higher. Remember to DYOR and good luck !
Triangle is not complete yet. weekly looks great, as well as daily Daily has higher volume, although it has been dropping throughout the day. Beware there is some selling pressure wait for confirmation before jumping in this trade when it breaks triangle.