greatnewtini

greatnewtini

We see a very similar setup on ETH as we do with SOL. RSI fed into to buy zone, at historical support, lower bollinger needs relief, etc.

greatnewtini

Just wanted to post a basic beginner style chart for people to easily be able to identify with. 4 hr SOL/USDT chart shows us the RSI has made it into my buy zone and is currently making a bullish turn. We have been on following lower bollinger bands for 16 straight candles with only 6 confirmed bullish candles in this same span. Bottomed RSI, bounce near local...

greatnewtini

$LINK should find support here on the 4 hr chart and have it's next leg up. The only concerning part is the dip below support on RSI. I am looking for the next 4-hour candle to reclaim the RSI and continue trending upward

greatnewtini

As you can see on the one hour chart, SUSHI has a repeating pattern that looks as if it is getting ready for takeoff.

greatnewtini

LINKUSD has bounced off of a critical area and is looking to break out of a descending parallel channel and reclaim the 55EMA. If we can do that I will be bullish. As it sits I am neutral until the reclamation happens. If BTC can behave and start to range between 36/38k then it should be time for LINK to make back its' gains of the last week.

greatnewtini

Bearish trend line is strongly intact on the price action and RSI on the daily chart. Until this is broken....we go down. It's blood in the streets, won't last forever. Stay safe out there.

greatnewtini

We see the Ichimoku cloud holding so far with a wick to the 200EMA and bounce. The last time we found the bottom of the daily chart ichimoku cloud was way back in October of last year and we found support with strong bounce to start big bull run. The difference between this time and back in October is that this time we find a descending RSI with lower lows. The...

greatnewtini

Major historical support in price and RSI has held today. This is a bullish sign from here. I would say neutral leaning bullish considering the strong support area we just bounced on that has held for weeks.

greatnewtini

Link looks like this support will hold and a breakout should be immenent. I do not expect a dip below historical support. The next leg up will produce another ATH. If support should fail, we should find safety in the $45 range and then $42.5. RSI might retest support so keep an eye on that. $55 incoming...

greatnewtini

Elliot Wave suggests we are now in an impulse wave which should play out with CAKEUSD reaching ATH again in the next 72 hours. It has had an incredible run lately and, considering market sentiment is super bullish, it should continue.

greatnewtini

Let this be a reminder that RSI that breaks a downtrend and then retests it as support usually precedes a price breakout. Played out perfectly as laid out in my last update. LINKUSD should make a small run here.

greatnewtini

As you can see, LINK has bounced off of support as predicted. Also, please note RSI downtrend was broken on this strong daily candle. $31 coming soon....

greatnewtini

Bitcoin is at a critical decision area, fall and we see 48k. Would love to break the downtrend on RSI and bounce here in historical support. Only time will tell. Gut says we continue down

greatnewtini

Support tapped and RSI is bottomed. Good for a long IMO. Stop placed below S/R

greatnewtini

LINKUSD perfect bottom on supertrend and confluence with historical support. This would be a great bounce area.

greatnewtini

Playing with Elliott Wave and saw a potential for a nice trade setup with MA and FIB rejection coinciding with a nice impulse wave bounce opportunity for wave 4/5. *Not financial advice

greatnewtini

Breakout played out similar to what I thought it would, albeit a few candles later than I thought. Breakout was very strong though(Grayscale announcement). I expect a retrace to the .618 area which would be around $29. That area should hold considering the strength in the market right now. Dips are being bought with ferocity. Not sure why that would change now....

greatnewtini

We see what was expected, a down trending channel. We see a lower and lower low on both the RSI and price chart suggesting continuation. So let's long it! In all seriousness, I am neutral here. If we can find support in the zone and bounce at this historical support then I expect a decent bounce. If we lose this support then we should see continuation to the...