hokask

hokask

The following chart shows signs of a reversal, currently bullish signs is the chart forming a falling wedge with upside breakout target of 40 000 satoshis, stochastic rsi starting to reverse and bullish divergence in rsi.

hokask

I see a clearly ascending triangle with target of around 80$, with price currently in symmetrical triangle with tendency to breakout to upside during uptrend, and ema ribbon starts to turn slightly upward. Although i might be wrong, this clearly is a great project and one of the best tech in crypto; so a great investment in the long run, and will probable be one...

hokask

Everything is beginning to reverse, macd, rsi, heikini ashi, good short would be here.

hokask

I call the top on this one.

hokask

We need to get to 9.5k to make this pattern, there is a lot of resistance at 9.5k with ichimoku cloud, if the ichimoku cloud turns green, we might have the next bull cycle in our hands.

hokask

we are at the top of this rising wedge which is a bearish pattern, my target if this pattern breaks is 6k.

hokask

I think this move is similar to the 2018 crash with that big bounce, BB bands is tightening I suspect a big move is coming, which I presume is to the downside as I see us moving momentum to the downside with bearish divergences all over the place.

hokask

The amount of volatility is very similar to the 2018 crash, maybe this will play out similarly.

hokask

The daily macd and stochastic rsi and momemtum showing signs of movement to the downside, buyers are really tired, I doubt we will go up from here.

hokask

I see people screaming everywhere that this is a ascending triangle, to be honest with you I don't know what pattern we are in, i'm in on more on the side of a bear flag rather then a ascending triangle, one reason for this is that we are running out of momentum and possible bearish divergence on macd, I expect us to go down soon. For us to break up would require...

hokask

On the weekly looks bullish as we have signs of reversal ahead, with heikini ashi and macd and stochastic rsi looking to reverse, I have no idea what target we gonna go, but we might bounce in the long term, in the short term I dunno.

hokask

Not counting the wicks, looks like we have a head and shoulders.

hokask

Beware of the head and shoulder

hokask

The flag pole that I drew from the top of the pole is now the target of the new bear flag with target of 1k.

hokask

If we use the DMI you can clearly see the divergences, the +RI is moving down while the -RI is moving up clearly signaling a move to the downside, one bullish side is that we closed above the ichimoku cloud, but I need more signals then that to enter a long.

hokask

We might go further down, possibly testing 400 weekly MA.

hokask

We have formed a doji candle, prepare for the worst.

hokask

I think in the short term we are in a bear flag.