falling wedge can be seen on the chart. would likely to go up.
I would like to share with you my analysis on BTC/USD. From the chart, we could see that we are finally getting a correction after the massive rally that happened from weeks ago.. Right now, we have reached the 200 moving average level, however, it seems that bitcoin will go down further to the 61.8 fib level then it will go up again. However, using a portion...
bounced off and stayed above the 61.8 fib level bounced off bottom support few times, showing its strength BTCUSD also looking bullish as well.
from the daily chart, we could see that an ascending triangle pattern is formed. in addition to that, inverted head and shoulders is also shown in the Cardano/USDT chart. This is not a financial/trading advice!
Theres a possibility that the elliott wave has been completed. now forming a new market structure.
An ascending triangle is formed in the 1 hour chart. However, MACD shows that a possible bearish divergence could happen. Still waiting for confirmation Disclaimer: this is not a financial/trading advice. Good luck to you all!
On the 4 hour chart, we could see: - Bearish divergence on Stochastic RSI. - Descending triangle. We could expect BTC/USD to go down. Disclaimer: This is not a finance/trading advice. Good luck to you all!
From the daily chart, we could identify that there is a double bottom. Stochastic RSI is also oversold, and also we could identify bullish divergence. Disclaimer: This is not a financial/trading advice.
Based on the daily chart, Stochastic RSI is on oversold area, which could potentially reverse on these 2-3 days. Also, we see that there is a bullish divergence on the Stochastic RSI (daily chart) On the 4hr chart however, the Stochastic RSI is in a overbought area, which probably would stop the rise of XLM/USDT for a while. and continuing its upward...
Currently sitting in the 50 EMA. Daily stoch RSI looking oversold, possibly a reversal on the short term By the way, Ripple has taken the 2nd position in the market cap! This is not a trading/financial advice! Good luck to you all!
These days have been a bloodbath in the cryptocurrency markets. These are the key support levels you could use to predict when it will reverse. RSI and Stochastic RSI for 1 Day and 4 Hours time frame have reached oversold. Should we fall bellow these keys supports, expect it to free fall to the 4000 dollars range, however it probably would not last long as...
Bounced off the 61.8 fib level. Rally not done yet. However, expect it to go to around 47 cents, before going up again (as shown in stoch RSI already nearing overbought levels) Possible pennant forming.
Hello again everyone. It's been awhile since i published TA here. So, when we look at the bigger picture, there is a possibility of a false breakout. a false breakout is a bullish sign. The last time it touched the support line, a bull run occurred. Comments are welcomed. Feedbacks as well!
We are approaching the support levels Also, we've seen that the stoch RSI has been in the overbought area, so it would go down, and right now it is going down. Stoch RSI also indicated bearish divergence. In the graph, we've seen that a wedge is formed. This market structure is (probably) going to break at around july. This is not a financial advice.
Hello again! Today i would like to share with you an idea on BTCUSD I found out there are 2 scenarios that are most likely to happen First, is we follow market structure using the blue line as our support and restistance, which basically means, currently we are sitting at the support level. By following this blue line as a support, we could expect a breakout of...
Daily chart shows falling wedge! Also, is approaching the 38,2% of the fib level! RSI level is low, also the Stoch RSI! this is not a financial advice! Comments and feedbacks are appreciated!
RSI and StochRSI both low, Currently sitting at a strong support and also the 50% fib level! hopefully will go up, if btc does not go crazy of course!
Hello world! From the daily chart, we see that cardano is at support and also in the 50% fib level. A wedge is formed there. RSI is also at around 40, and also Stoch RSI is at oversold. we could expect it to rise in the next few days. comments and feedbacks are appreciated! this is not a financial advice!