aBitLong

aBitLong

In the 3D The Red RSI has crossed bearish below the Blue LSMA and both have crossed below level 50, if we close like this in 12.5 hours we are at risk of price action falling between the White/Aqua lower Bollinger Bands. Currently $0.833 & $0.758 respectively. If the Blue LSMA continues on it's trajectory below 50 there is a possibility to see the BBs begin to...

aBitLong Updated 

For the first time since the end of March, both the Red RSI & Blue LSMA have made it above level 50 in the 6h timeframe. When the Red RSI crossed above 50 it triggered an upward pressure race between the Energy in the 6h & the Red RSI in the 12h. If the Red RSI in the 12h can CROSS above 50 before the Energy CLOSES below 50 in the 6h we could see a possible...

aBitLong Updated 

Looking at the SHORT term group of timeframes: 30-min. 1-hr. 90-min. 2-hr. 3-hr. 4-hr. 6-hr. 8-hr. In all but the 30m the Green EMA is now higher than the Energy, indicating bullish sentiment. In the 1h the Red RSI has made contact with the Green EMA as it rises, if we close like this in about 15 minutes, we are likely to see the Energy cross above 50 on the...

aBitLong

HEX has been unstoppable for some months now. In reality this is a top 10 ranked coin. HEX enjoys a long term stakes at around 40% APY with 5, 10 & 15 year stakes not being unusual. Because of the staking model we can see a divergance from Bitcoin correlation. Looking at multiple timeframes we can see some very positive signs in pretty much every timeframe from...

aBitLong Updated 

We have seen a number of upward pressure races propagate up from the lowest timeframes. The upward pressure races are a multi-timeframe dynamic indication of sentiment cascading up through timeframes. Currently we are looking at the race between the 6h and the 12h. When the Red RSI CROSSED above 50 in the 6h an upward pressure race was triggered. In order for us...

aBitLong Updated 

Super busy at the moment so just a very quick multi timeframe look at Solana. We need to monitor the "downward pressure races" described below to ascertain this progression on an ongoing basis. In the lower timeframes (below 2h) the Red RSI is below level 50 indicating downward pressure. In the two hour timeframe the Red RSI has also crossed below level 50...

aBitLong

Starting with the Short Term grouop of Timeframes (30-min. 1-hr. 90-min. 2-hr. 3-hr. 4-hr. 6-hr. 8-hr.) It is worth noting initially that with the exception of the 3h, the Green EMA is higher than the Energy in all TFs indicating bullish sentiment. In all Timeframes in this group the Red RSI and the Blue LSMA are above level 50 with the exception of the 8h in...

aBitLong Updated 

In the Mid Term Group of timeframes (5d 6d 9d 12d) The Green EMA is higher than the Energy in all TFs in the group indicating bullish sentiment. A have a new 12 day candle as of a day ago, despite a deep wick up and down we opened and closed the last 12 day candle at around the Aqua upper Bollinger Band. With the Green EMA higher than the Energy, even though the...

aBitLong Updated 

Just a quick observation for Cardano using the pitchfork. I have limited time right now but will try and elaborate on this soon. Just wanted to point out that since breaking above the yellow diagonal upper in mid Feb which is a 0.142 fib from the origin, ADA has held this as support in the weekly ever since and although wicking below we have not yet closed below....

aBitLong Updated 

Scalping group of timeframes (6m, 12m, 23m, 45m) First of all - stating the obvious.. As we can see in all this group of Timeframes; the Energy is higher than the Green EMA indicating bearish sentiment. As long as this is the case, we can expect to see lower highs during periods of upward pressure and lower lows during periods of downward pressure. Short term...

aBitLong Updated 

Although we are experiencing a period of downward pressure in the near term group, the overall sentiment remains bullish. We could see another move to begin the formation of the next higher high during the next 2d candle or the following one. Mid Term group of timeframes (5d, 6d, 9d, 12d), the Green is also higher than the Energy indicating bullish sentiment...

aBitLong Updated 

Just a quick look at Cardano. Near term group of timeframes - (1d, 2d, 3d, 4d) We have now seen the Green EMA higher than the Energy since the beginning of the month in the daily, we have now seen the energy and Green EMA turn up nicely after a small dip below 50. The Red RSI and the Blue LSMA have both turned back up in concert. This indicates upward pressure....

aBitLong Updated 

Although CAKE experiencing slight local downward pressure at the moment, we have formed a cup and handle breakout pattern with a good volume profile. Currently the Energy in the 90m & 12h are higher than the Green EMA indicating downward pressure, we have seen the Red RSI and Blue LSMA turn back up and cross above 50, as a result of the Blue LSMA turning back up...

aBitLong Updated 

Further to previous analysis - see related ideas - we have seen some solid growth. Near Term group of timeframes: (1d, 2d, 3d, 4d) The Green EMA is higher than the Energy in all this group of timeframes indicating bullish sentiment. In the daily - usually when the Red RSI closes making contact with the Green as its falling, we would expect the Energy to fall below...

aBitLong

I am providing a new publication as an update to my previous analysis now marked as bullish as a result of the confirmation of resumption to upward pressure we were looking for, please see previous analyses in related ideas below. As I mentioned, after the Energy won the downward pressure race, we were looking for confirmation of resumption of upward pressure, by...

aBitLong Updated 

Theta has been in beast mode since December and has recently been dipping in and out of the top 10 by market cap. We have seen a small correction, but where do we go from here? Initially looking at the short term group of timeframes (90m, 3h, 6h, 12h) Currently the Energy is higher than the Green EMA in all this group of timeframes indicating downward pressure....

aBitLong Updated 

Near Term group of timeframes: (1d, 2d, 3d, 4d) In all this group of timeframes the Green EMA is higher than the Energy indicating bullish sentiment overall, however things are not completely clear in these timeframes and although upward pressure appears to be the dominant driver there are also indications that we are likely to see periods of downward pressure...

aBitLong

Cardano looks like it might be preparing for another leg up. In the short term group of timeframes (90, 3h, 6h, 12h). The Green EMA is higher than the Energy in all this group of Timeframes. Although the Red RSI has made contact with the Green EMA as it falls in the 3h, it has not yet closed - if it does close like this we will see the Energy cross below 50 on the...