Bearish Stick Sandwhich, outside of bollinger bands on monthly, also bear div.
The RSI is also trending below 50 indicating a bearish area.
Losing momentum; falling to at least 9700.
To find a divergence you have to take in account for the movement at each point in time. For example, make sure your divergences include a contiguous downtrend or uptrend or else they are invalid. Furthermore, don't build opinions over a single timeframe or indicator: always be sure to use multiple. Another good tactic is to discuss with people who might have...
Chart is self explanatory. My recent ideas haven't been explained very well; for this chart I tried very hard to explain it.
BTC has been trending upwards so far and is looking to break resistance. MACD has crossed bullishly and we are trending above a green ichimoku cloud. SMA 9 is looking to cross SMA 26 which would be a confirmation of price action. RSI has been trending upwards as well and has plenty of room to grow. Nearest target is $9325.
Price has been trending down for the past week, broke support at ema 55. Short until 8850, then it might bounce back up. Bearish divergence on stoch rsi that I missed earlier because I'm bad at trading.
Formed a cup and handle after 34 days. Currently in a rising wedge and has been following btc price changes. If btc decides to moon ltc should as well which would lead to it breaking the wedge. MACD, RSI, and DMI are currently sitting in a wedge as well. Don't take any action until movement becomes clear; I will continue to watch this. Closer:
Volume has increased so much. I'm 99% sure this is because Binance is faking the volume, it's too artificial. Appears to have bottomed out and is making its way up. EMA 34 and EMA 55 are looking to cross each other, same with MACD. Broke rising triangle. I would personally wait until the MACD and EMA has crossed fully before buying in: this movement could just...
RSI and MACD divergence on the 1h and 4h. Ascending wedge, looking to break it. Short to 9k then 8.5k. Tested resistance twice and failed. Bigger picture:
Bottomed out, no longer in a downtrend line. Already had a 19 day accumulation period and volume is increasing rapidly. Tested resistance at 1538 and got rejected but is still accumulating to take it on again. If it breaks triangle upwards that should confirm an upwards movement. Until then hold tight; market as a whole might be going down because of bitcoin. 1h...
Holding support at 9328, broke rising wedge. 9500 -> 9800.
MACD has crossed upwards, approaching a triangle and is currently testing resistance at $153. The 13 ema is looking to cross the 21 ema. Currently above a resistance making it a support and it should consolidate here until it breaks out of the triangle. After doing so it should test the sma 300 line. If it breaks this we should expect it to go to at least...
Support between ema 34 and ema 55; 4 touches on each. Expect short correction leading to at most the ema 34 then rocket up until it tests like 10k or something. Buy after seeing it bounce off ema 34. Sell if it breaks ema 34 & 55, could be ABC correction wave.
Distr0x has a dedicated dev team. People are looking at 0x, Distr0x is related. It's been spiking up for the past month; it wants to break out; it's no longer in a downtrend! 55, 89, and 144 ema has converged and 55 is back on top. broke out of triangle. If this breaks out of first fib level (990) then we can expect it to reach the next one at least. Price...
Pumped super hard. RSI showing oversold on 1w, 1d, 4h, 3h, 2h, and 1h charts. Got rejected at resistance. EYPT is an industry leader though, so it could correct and continue its pathway up higher. If it breaks the support then SELL, if it breaks the resistance than BUY. finance.yahoo.com finance.yahoo.com Earnings are released May 8th.