HELLO GUYS: #Bitcoin rebounded from 39600 as I mentioned yesterday, but I believe that this bounce is a speculative bounce and not the end of the decline. - What makes me think that is the study of the #RSI movement in the last 6 months and how the price reacted to it. -We have formed a rising wedge three times in #RSI, and each time the price was showing the...
HELLO GUYS -Our ascending triangle pattern is very clear. -The points formed for the uptrend are all opposite the 20 level of the stochastic indicator, and every time the stochastic is at this level, it is followed by a good price revival. -But we have a resistance area that appears to be solid and must be crossed first....but the rise is very clear.
HELLO GUYS Today's collapse affected it strongly, as it broke down the intersection of the support lines that were trading above it for the last four days. The descending trend line, in addition to the middle line of the BOLLINGER Bands indicator, and the EMA50 line, This is not good, if the price does not rebound up very soon, it will continue towards its support...
HELLO GUYS -We notice that the price bounced from the ceiling of the descending channel and reached the mid-line. This middle line formed in the past a very solid support line from which the price rebounded several times before it was breached, then it turned into a solid resistance line and also the price bounced back from it several times and then was...
hello guys -Over $31 million in #BTC Long Liquidations in 30 minutes on that recent move down, And double this amount for the rest of the currencies. -This game has become known and the price will return and rebound, and what supports this, looking at the TOTAL2 chart: -There is a positive divergence with both stochastics and RSI -The price was originally at the...
HELLO GUYS It is now facing a solid intersection of the support lines: -The first is the transverse support line that you pierced earlier and is now re-testing -The second is the support line of the ascending channel of the minor trend -There is also a clear divergence with stochastic (LH\HH .). for the price and (HL\LL) for the index... -I think the price will...
TAKE A LOOK ...the chart explains itself... We are in an ascending channel, and we have reached the support line after forming a descending triangle similar to the previous one, but the price last time reversed and went up, will it repeat that now?
HELLO We are in front of two options here, although the descending triangle is clear here, and it is a bearish pattern, and the price often falls, especially since it did not complete its correction. -But here we are, if he can break the resistance and close above it, then we will enter with the goal clear. - If it rebounds, it is healthy for it to correct...
hello guys The #PENNANT PATTERN... is one of the most confirmed patterns, -In this pattern, the support meets #EMA50 to form a stronger support and a stronger confirmation for the price rebound. -Also, by looking at the volume movement, we find that it corresponds to the price movement and repeats itself again. How do we act? According to what the science of...
hello guys A very beautiful chart for aca and shows us one of the most important phrase, which is accumulation level. -It also shows us that it has finished and is moving to the stage of ascent . -This is supported by the volumetric aggregation movement.
HELLO GUYS I see a lot of positive indicators appearing in this chart: 1- Reaching the midline of the ascending sub-channel. 2- Access to an old and strong support area. 3- Points 1-2-3 are divergence points with stochastic and the price rebounds from it to the upside whenever the stochastic reaches this level. 4- The volume is decreasing, which confirms that the...
This is what I noticed and I hope it's good enough
HELLO AGAIN -Ethereum today, like all altcoins, lacks the momentum necessary to rise, as it suffered from a decline in the previous days, But the situation is not so bad, as Ethereum, which is considered the leader of altcoins, is approaching the strongest intersection of support that any currency can have. Our mighty intersection is an intersection of: 1- The...
HELLO GUYS -It seems that ASTR is at the end of the second wave of Elliott waves...this second wave has taken the shape of a triangle and the price is trading above EMA7. -Averages are perfectly arranged on top of each other. -If you are not holding it, you can buy after the breakout and the daily close in the area specified in the chart. -In the event of a...
hello all We cannot neglect the formation of two bullish patterns, cup and handle and falling wedge and this seems promising for a strong upward movement. We also note the compatibility with the decreasing trend of the volume, and this is evidence of easing the trend and the closeness of its reversal to the top.
HELLO ALL We notice two things: First: the movement is very compatible with the RSI movement, and it bounces from the same area for the third time in a row. Second: EMA50 formed a very strong support line for the price and it always rebounded from it. Now it will bounce towards the resistance line, but we are waiting for a strong momentum to break through or we...
The official announcement of the launch of Altcoin Season Returning to July 30\2021, after Bitcoin fell from ATH, it moved in an accumulate cross channel, during which it reached the June BOTTOM. - At the end of July, it reached the channel’s resistance and tried for 4 days to penetrate it and failed in that and corrected about 38%. -This coincided with the...
HELLO GUYS -When we study the previous times the MA7 broke through the MA50, We realize that every time it breaks and maintains a position higher than MA50 for a number of days, then it rises very strongly, and there was always a period of accumulation ranging from 3 to 5 weeks before this breakout. -Now since the last OCT intersection, the two indicators have...