lingsond

lingsond Apr 20, 2021

Bitcoin price will still be ranging between Fib Pivot and $54,500 (or $53,500) where the support has been strong these few days. If we look at indicators like MACD and RSI, the trend should be up. However, the pivot area is where the EMA ribbon and MA 200 is currently located in the 4H TF (in the 1D TF, the candle is already in the ribbon), so we can expect a lot...

lingsond Apr 3, 2021

1D-Chart: - Since it has already break above the 'Main Triangle Upper Resistance', there is a bigger chance that the price will go up. - Supertrend: Already bullish - SMA 20 & 50: Price already above both MAs, and soon MA50 will cross above MA20. Another bullish sign. - MACD(12,26,9): Still bullish, no divergence. - RSI14: Hidden divergence -> bearish...

lingsond Mar 21, 2021

Last week, we notice a divergence on the 1D TF, so as expected, the price did goes down. Then it slowly crawled up again only to reach $60,000 as the highest point. During the week, in the lower 1H & 4H TF, we can see that a triangle was formed. It tried to break out the triangle in the upper direction, but it kept being pushed back again into the triangle, until...

lingsond Mar 20, 2021

Whether we look at the big triangle or the smaller one separated by the horizontal one, SNX is getting ready to break out. Current price has already get above the pivot and MA 200 that could pose as resistance. So the possibility of the breakout is higher. However, the RSI isn't that supporting yet since it kinda form a divergence. So, depending on the overall...

lingsond Mar 16, 2021

The bar is nearing the triangle end, so we should be expecting a breakout soon. The analysis is based on the daily timeframe, so this could still happen in a few days. But considering the Bitcoin price at the moment that can make a big move anytime, the breakout here could also happen anytime soon. ATOM has been ranging (aka. in accumulating phase) for almost 3...

lingsond Mar 14, 2021

Currently, it's best to wait & see before taking any positions. There are 3 possible scenarios that could happen: 1. It will break the channel resistance at around €1,590 (wait until the bar close above the resistance line). In this case, the price might goes up to €1,650 and then testing the previous ATH at €1,665. 2. The price bounce at the channel resistance...

lingsond Mar 14, 2021

All indicators are still supporting the price to go up. Based on Fibonacci, it could go up to $75,000, but I don't think it would break the upper trend line (currently at around $66,900), so it will first bounce back at $66,900, before going up to test further ATHs. Assuming the price does hit $75,000, we could be expecting major price corrections where the price...

lingsond Feb 26, 2021

Hidden divergence - Bull continuation signal (shown with the thick green trend lines, please ignore other messy lines) I'm a newbie and still learning. Did I correctly spot a hidden divergence in this chart? Please correct me if I'm wrong. Thanks for the support.