12H: Bullish divergence on RSI, 9°th TD count candle, rising from oversold. Due to high volatility further wicks down are still possible (75-72k), but likely to end in a fake-out / bear trap. Look out for support recovery and a likely short squeeze. Likely heading for a bounce towards 86k (90k), with volatility starting to wind down. I think this week may seal...
Ethereum at long term support. FIB 0.382. Support infraction is likely to lead to a failed low and bounce. Good R/R for buying under 1900$. >30% likely upside. DYOR - High-risk trade. Not for the faint hearted ;) Good luck.
Daily scenario: falling wedge, rising support. Oversold rising Stoch RSI, MACD nearing crossover. Long opportunity in case of a D close at about 98k (or over) can be achieved, within few days. Expect growing selling pressure close to such breakout level and close to 102k $ mark if the wedge is broken up. Nearing 102k would imply a further possibility to visit...
Pretty nice weekly setup on Ethereum. * Price above MA20/W * RSI / Stoch RSI on the rise. * MACD about to crossover A weekly close on volume above Par SAR (about 2882$ currently, falling) would signal inversion and prefigure a quick move towards 3300-3400$ area, edge of upper Bollinger band. In case such scenario happens, let's have a look at monthly picture. ...
(M) Top of ascending channel, pretty high TD count and surfing upper Bollinger band. Watch out for possible fakeout and bearish divergences in the making. Some tricky months ahead.
(Monthly chart) ETHBTC may have significative upside, up to 0.08+. It may break up or grab more some more liquidity around the 0.05 mark (lower bound of BB). Either way, i see more upside than downside. Two possibile Long entry points: on confirmed resistance breakout and/or on weakness through scattered orders in green support area. Keep in mind this is a...
Here we go, the "traditional" test of MA50/W is inbound. It may require some weeks, so keep an eye on weekly closes. If price holds over 51,5k on any W close we should expect another pretty strong leg up. First divergences start to show up. Soon good R:R Long opportunities may appear in the 56k - 51,5k area, as long as your orders are staggered and / or you...
Weekly scenario: price reached the 42-48k FIB area area and it's going to meet resistance soon. Notice how close it is riding upper weekly bollinger band and closing to upper limit of a broadening wedge pattern. Overbought already on RSI / Stoch RSI. Very extended TD count (14). It should prove pretty difficult for Bitcoin to break and hold over 48k from...
Market moving sideways in the 24,5-29,6k range. MA-wise that's unprecedented congestion (since 2015), as 20/50/100/200 weekly MAs are included in a price range of approximately 20%. Price action is currently frail and a strong breakout will undoubtedly follow along next few weeks. Looking at previous cycles and interpolating the position of the 2nd rein of...
Possible (low margin) Long from here. Target 0,0675. Pretty tricky and risky, not suitable for beginners. Don't blame me if it fails, DYOR. Any opportunity is worth considering.
BTC almost doubled its price within six months, i think a pullback is likely to happen short term. Elements 1) Rising wedge 2) TD count 8 with signs of reversal 3) Bearish dovergence on RSI 4) Stoch RSI rolling over 5) Bearing difference on MACD, which is approaching crossover Prognosis Watch that rising wedge for early hints of confirmation, as BTC is...
Algo track record against BTC was nothing less than horrible along last year. It's now nearing the apex of a huge falling wedge and not far from its key 0.00007 static support. Will buy the way down to such mark and evaluate back in roughly six months. Aiming to 0.000018 (2.2x), 0.000021+ (3x) eventually.
Depite the FTX / Alameda madness (likely more will come) i'm going to BUY along the next few weeks. Both BTC and selected altcoins. That's the plan, whatever is gonna happen. Whole market Analysis, on TF 2W: 1) Possible double bottom 2) Fallng wedge (possible breakout) 3) Close to Jan '18 high (support) 4) Volume accent 5) Stoch RSI recovering form oversold 6)...
Huge sparse falling wedge, approacing historical static support sitting close to the 0.00018 mark. Good spot for accumulation on further weakness, R:R. 2:1+. Long term trade, 0.0004 target (x2). For starters. To be re-evaluated in 3-6 months.
As you see, SPX is lazily moving sideways, within the 3800-4200 FIB range. Keep an eye on BOTH those limits. Notice the blue ascending support and the already achieved reversal of Parabolic SAR. Moreover MACD seems supportive for a bounce later on, as well as Stoch RSI which is rising from oversold. I can spot some bullish bias here, despite the fact ...
We liquidated some BNBBTC about 30% higher, back in december. Not far off the 0.18 mark. Nowadays BNB is a pretty risky asset, that said i foresee the potential opportunity for a scalp on W TF. Key findings: Bullish divergence on D, slight volume spike. Overextended (red) TD 15 Count on W. Slight bullish divergence on RSI/W. Close to FIB 0.382. Close...
Possible ascending triangle in the making. For now let's observe it. BB/M and MA20/M: MACD/M:
Sparse falling wedge, rounding MACD, possible TD count reversal candle. Look for a possible breakout. Bullish over 0,68$.