Bollinger bands are horizontal: volatility is stable but we can expect a move up or down.
RSI is going in neutral zone, but I would expect it to come back in the buyers zone (> 55).
For now, I would go for a long because even if I detect a rising wedge pattern (and I should open a short, expecting the lower band to be broken), I think we are in a pennant and the...
Bollinger bands are horizontal: volatility is stable but we can expect a move up.
LINK seems late in comparison with the other cryptos, and still didn't extract from its BB range in weekly.
RSI is going in neutral zone, but I would expect it to go upon 55.
Volume is decreasing, so I'm expecting a big candle soon.
I would open a long:
Entry price: $2.5088
Stop...
Trend context (in weekly)
From April 2019, we are in a descending range.
We are currently at the bottom of this range (the pattern already happened twice in this range).
Technical analysis (in daily)
Bollinger bands are horizontal: volatility is stable but we can expect a move up or down.
I would go for a big move up (I’m also expecting a big volumes candle, as...
Trend context (in daily)
From March 12th, the RSI is rising, going from the sellers (< 45) to the neutral zone (45-55).
It’s probably gonna keep fighting and even coming back a bit in the sellers zone.
But I think we are in a short term bull market so I would expect the price to rise soon.
Technical analysis (in 4h)
In my last analysis I have detected a rising...
Bollinger bands are horizontal: volatility is stable but we can expect a move up or down.
RSI is going in neutral zone, but I would expect end of the "buyers time" which lasts since March 23rd.
Also, I would go for short due to detection of a rising wedge pattern.
I would open a short:
Entry price: $6450
Stop loss: $6578
Final take profit: $5129 (which is...
