ThinkForYourself

ThinkForYourself Updated 

So... $BTC broke out today from the bullish wedge, and currently, we are testing the support line of the wedge. If the relief rally wants to get a chance 41.500k must hold. We need to bounce pretty much right now. This is also an interesting short-term trading opportunity with the following settings: 1/ ENTRY: 41.700 2/ SL: 41.200 3/ TARGET 1: 42.700 3/...

ThinkForYourself

Here we go $FTM lovers! Unfortunately FTM formed a bearish flag and broke out of it to the downside and this suggests even more downside, especially as the whole market is very weak, and macroeconomic context is not too bright. Bearish elements that are coming together: 1/ We have a lower high 2/ The rejection happened at the EMA 3) We have a bearish flag...

ThinkForYourself

Well, we have a bullish divergence, everybody is spooked by the most recent drop. Now FOMC meeting tomorrow needs to play along to make corrective leg up a reality.

ThinkForYourself

The picture tells it all. Bottoming process finished + trendline breakout to the upside + RSI above 50. Easy trade & good luck.

ThinkForYourself

If old school TA makes any sense and/or has any "predictive power", we should bounce around the next 10 days and then have at least a meaningful bounce to 52.000 - 53.000. Why? Daily RSI = forming a falling wedge MACD histogram = weakening of the downtrend We are hovering above support. At this current moment, NOBODY knows what is going on with the market....

ThinkForYourself Updated 

A local bottom for BTC is in. We just had an impulsive move up from 53.200 to 55.200 + oscillators are showing bullish divergences on the 4h + MACD 4h just turned bullish + December is more often than not bullish + A lot of fear in the market. A relief rally to 59.460 up to 63.233 is highly probable.

ThinkForYourself

If we break the current, weak support, next target 1500 where the mid term support fro February is waiting.

ThinkForYourself

NRG ready for reversal and long term uptrend

ThinkForYourself

The chart explains everything, we have a little room to the upside before major correction to the break out at 42.000$. Don't FOMO in now, wait until greed is replaced with fear.

ThinkForYourself

Here is the updated chart, according to my key indicators the BTCUSD correction has officially ended. MACD has triggered a buy signal, just as the MADR signal. But! the as everybody will soon be very optimistic and bullish, the next trap can snap. First, stop-loss orders from shorts from 9.400 must be taken out, new long orders must be placed and the bull trap is...

ThinkForYourself Updated 

The market is getting nervous. The emotional waters are getting hot. Soon they will boil. And then we will have an explosion - of wrong decisions. The closer we get to the end of the wedge the more emotional everybody will become. But, the market is a teacher. Those with weak minds get lessons, those understanding themselves and others get rewarded. Trading...

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Is DASH visiting prices below 100 for the last time forever? If my assumptions are correct, this is the case. DASH could brake the wedge to the upside soon... and outperform ETH, XRP, LTC, etc. as it is heavily oversold on all charts. Charts like DASHETH, DASHEOS, DASHBTC seem to be bottoming so DASH is a good candidate to be one of the best performing altcoins...

ThinkForYourself

I believe that the next move is up – a lot. Why that? During the last six months, what happened was a surprise for most people. Just a few months ago everybody was still very bearish and fearful, expecting that BTC will go even lower, to 2000. Only a few were buying. Then, in April 2019 we had a surprising surge which went parabolic from 3.600 to almost 14.000...

ThinkForYourself

Great news for altcoin hodlers and traders! There are serious indications that the Altcoin season is about to start. If we take a look at the Bitcoin dominance chart, we have a clear MACD divergence on the daily and on lower time frames the chart has made a lower high and just broke and tested short term support. If the dominance chart closes soon on the daily...