The BTC recovery after dipping into the daily cloud has been fantastic. I was worried about the "danger zone" where the cloud started to thin out and move upwards, since it's very easy to get a bearish break during a correction. Instead, we bounced hard, got a nice s/r flip, and are now solidly above a nice, thick, horizontal cloud. The weekly looks great as well,...
Bitcoin still looks strong, but it's time to start preparing for a possible correction. Weekly bband breakouts have been a good indicator of local tops during this bull run. In some cases we see a correction shortly after a major breakout of the upper band, but as was shown in the highlighted area, this state can last for weeks. So this isn't a top call, but more...
After the recent altcoin bloodbath, STRAT looks to be one of the first coins to that is rebounding strongly. All of the bullish cloud signals are present on the hourly, with a TK cross, kumo twist, and cloud breakout happening in near conjunction. There has also been a lot of strong bullish volume over the last couple of days, and I expect that trend to continue....
Pretty great bullish signals on ZEC here. Kumo twist, kumo breakout, and TK cross all occurred around the same daily candle. Breakout solidified and failed to break fib resistance, but successfully tested cloud support shortly. Now looks to be a good entry point as we are still near support and could have a cup and handle forming.
Strong buy signals on STRAT. Already had a kumo breakout, would look to enter when price tests cloud support as it continues through this bullish pennant. TK cross likely to follow as well.