As Both RSI divergence and OBV oscilator are showing down trend, in short term It might be that bulls have been exhausted but still try to go higher. So In this case, range between $37-$38 could be a good spot to open short. This is not a financial advise. So do your own due dilligence before you make your decision.
$SLP daily OBV and RSI indicate a bearish divergence, while its price action since Feb '22 low have performed well so far by maintaing lower highs sequence until now. So I'm expecting SLP next move could be narrowing its trading range between 0,018-0,03 before try to break 0,5 FIB. So here is my short term long strategy on SLP. This is not a financial advise, so...
Hello cryptospace, today I'm gonna share my idea about tezos final consolidation. As we can see on daily chart that $XTZ all time high was around $12 on Dec' 17. So from my point of view the biggest problem with $XTZ is its inability to generate a new ATH since 2019. But if we take a look back, Since Jan'22 low, we can see bearish divergence indicator as $XTZ...
Based on elliot wave that i've been trying to draw on logarithmic btc weekly chart, There're at least 3 interesting evidences : 1. 4-A-C could have role as support line 2. B looks like be higher than 3 3. B can't be higher than 5 So, if the June'21 low and Jan'22 low are considered as 4 & A, we might be predict where B & C will be. If this scenario play out, I...
Here is an update idea about Bitcoin Fractal and Bottom Reversal Pattern. I also utilise OBV oscillator and RSI with bollinger band to get a better picture about BTC bearish divergence. As bitcoin fractals since July'21 are showing hints that bottom reversal pattern could play out and might push BTC up to $60K-ish berfore a long term bull run.
Hello everyone. This is my short term bullish scenario for LUNA/USD pair. As 50 daily EMA and 200 daily SMA are converging with no crossing. I'm expecting the price is up between $108-128. My analysis based on combined trend lines of LUNA previous bullish and bearish price movement which i called 'box-trap' in short with take a look LUNA/USD charts pattern during...
Here is my idea about bullish scenario that could happen in short term. Bearish divergent, BTC's capability maintain higher low and its trading zone has got narrower since late Jan'22 could be indicators that bears might be exhausted. The bitcoin fractals since July'21 are showing hints that bottom reversal pattern could play out and push BTC up to $60K-ish...
As RSI indicate upward movement, some retest to MA 200 could generate a bullish reversal.
Hello everyone. This is my short term scenario for BTC/USD pair. My analysis based on combined trend lines of BTC previous bullish and bearish price movement which i called 'box-trap' in short with take a look BTC/USD charts pattern during Aug-Oct'12. The bullish scenario can be that BTC will try to break $422xx-435xx resistance area, and then retrace back to...