We have a weekly divergence with strong volume and double tap on the 50 EMA Price should not close below the 50EMA TWO weeks in a row otherwise the bull run is over. As we have defended this line on two attempts to break it and the last one was defended with strong volume, that suggests we have a bottom at 74k There is also divergence on the daily chart on...
Double bottom on the daily chart. Weekly divergence in play with strong volume. Be prepared to buy more at 3.65 zone if we get that chance. The target is modest as we could be going to exceed the previous top of 11.85 dollar
DOT has come to the lower band on the weekly chart. failed to break it which is a sign of bullish and trend reversal. On the same weekly chart we have a hidden divergence and a pin ball candle on the week of 7/04/2025. weekly divergence On the daily chart we have now formed a lower high with divergence. Very bullish and BTCD is also showing signs of topping out
When price comes to the weekly chart lower band and bounces away as we have it now. The bears have been firmly defeated. We have a weekly divergence and relative to selling there is more buying volume. We could pop down to 2.05 as the final scare drop but am not counting on it but be prepared to load up more there. Price should be going to the upper band...
Gold has gone up outside my band and volume off lower than what took us initially outside the band. I expect a retrace back to 3235 before we do a dead cat bounce and the proper fall begins.
Eth has dropped two levels from the top of around 4k. We are due a bounce up to around 2000 to 2200 area and complete the final drop which will drop us to £800 area.
Reasons to be long on above are as follows: 1. RSI hidden divergence on the weekly chart. 2. MACD divergence for price to move up on weekly chart. 3. We have gone lower than 18 Nov low of 1.24872with lower volume. 4. 20/12/2024 bullish price action with strong volume which has been the low since then we are doing higher highs. 5. The dollar has topped out and...