
The Binance Coin is trading in range, a wide belt that is holding since mid May and has broken only twice. Besides that, we see a Channel Up since June 18. Perhaps the strongest formation right now it the repetition based on the RSI of the August/September price action. If extended, this can break above the range and within 380 - 400, which will make a Higher...
Pattern: Ethereum is trading inside a Triangle since June 18th and right now it has been below the 1D MA50 (blue line) for a full month. Action: Sell below 1D MA50, buy above, target bottom and top (dashed lines) of the Triangle respectively. Notable: 1D RSI forming a pattern similar to mid June/July. If sustained it can finally break above the Triangle and much...
GRTUSD hit today the 4H MA50 (blue line), where last time had a rejection (Nov 23). Pattern: Falling Wedge, 4H time frame. Action: Buy target Fibonacci 0.5 and 0.618. Sell if rejected on the top of Falling Wedge, target 0.05200 support and -0.382 Fibonacci. Buy above the 1D MA200 (orange line). Please like, follow and comment!!
The FTX Token is having the best daily run since the exchange crashed one month ago and we see a lot of euphoria coming back to the market but be advised that you shouldn't get over-excited as, despite breaking above the 4H MA50 (blue line), the price is still range-bound inside the 1.175 - 2.100 25 day Rectangle. Only a break above 2.100 can be a buy and that's...
Bitcoin's monthly CCI indicator has bottomed and is already trending upwards. The previous three times this happened, it marked the bottom on BTC and it started rising as well right after. BTC has been in this range since June and it is not all that different from Nov 2018 - March 2019, March 2015 - Sep 2015 and December 2011 - June 2012. Technically this should...
Everytime Litecoin outperforms Bitcoin (shown by the orange line), a new Bull Cycle starts. This has been historically holding since 2015. We can claim that an LTCUSD channel up is an early buy signal for BTCUSD. And right now LTC is in a similar rising channel as in January-June 2015 and January-June 2019! Bitcoin is most likely in an accumulation period ready...