weekly long term logarithmic fibonacci is proof of bot and algo influence
if we break points of confluence we could have a bit of algo jet fuel
Bullish divergence on RSI as price makes new lows.
The recent trend in BTC and ETH have created numerous massive cup and handle patterns in the alts.
A bit of bullish divergence forming on the daily. Nothing unfortunately to write home about or compensate for the plethora of bearish signals. Nonetheless nice to see something encouraging for the bulls for the first time in a while.
4HR Great spot for not only opening new long positions or dollar cost averaging in. For traders this is a beautiful scalp up till the next fibonacci retracement. RSI bottomed out at a historical level just in oversold territory, bullish divergence on the MACD moving into today. This could potentially be the bottom. It looks great as an entry point with a...
Great spot for not only opening new long positions or dollar cost averaging in. For traders this is a beautiful scalp up till the next fibonacci retracement. RSI bottomed out at a historical level just in oversold territory, bullish divergence on the MACD moving into today. This could potentially be the bottom. It looks great as an entry point with a...
drew this wedge on logarithmic last week its playing out perfectly.....the elliot wave count is also playing out nicely and we maybe finishing corrective abc......looking for strong impulse wave and breakout on good volume for confirmation....fibonacci retracements still holding up pretty well
Drew this wedge onto logarithmic week ago and its playing out perfectly.
showing a breakout to the downside out of ascending wedge.....next support is a ways away....should know within next two days if its a fakeout...the bullish divergence on MACD is somewhat encouraging
massive base with textbook cup and handle...couple fractals reinforce the pattern......bigger the base bigger/longer the move!!