Bullish divergence on 4h rsi. Overhead diagonal resistance has held for 4 months. In my view a break of the diagonal would signal trend reversal to the upside.
Tough not to be a little bullish about the bullish MACD divergence that has developed over the last 18 months. Buckle up.
Tough times, could this be a meaningful set of divergence on MACD and RSI?
I am a bullish on Zec, specially at this price level relative to Btc. Zcash is important, the only coin working towards complete layer 1 privacy. I see it as being worth 5% of Btc in a potentially upcoming bull market, and maybe more in future bull markets. How much demand will there be for a fully private digital gold? The number is in the trillions of dollars....
Downtrend broken, weekly candle will close today above trend line for first time in 17 months. Decred becomes more secure and costlier to attack than Bitcoin at roughly .04 dcr/btc. IMO the top for next cycle will be around .04 dcr/btc.
One of the only assets out there forming a potentially well defined up trend against Bitcoin. Based on 2016-2017 cycle we may get DCR to .05 BTC in late Q1 of 2021 before BTC goes completely nuts. The ticket purchase proof of stake mechanism is no joke. DCR lockup to participate in ticket purchases creating higher ticket prices create a very interesting dynamic...
The 1.618 extension of Kava's opening range is approximately 26,850 satoshis. If we close a 4 hour candle above 14,950 sats, a break towards the extension target seems likely. In this event I will take most profits between 20k and 25k sats.
The price has made lower highs and lower lows since August 2018, while making higher highs and higher lows on the money flow index since August 2018. Very nice trend as we approach 1 year from Zcash halving in October. I'm accumulating, bleeding all over myself, and buckling the fuck down. Zcash is in good company seeing adoption from Flexa network, as well as the...
Weekly RSI still above 25, Zec/Btc has rarely fallen below the death wedge, and when it has the ratio always rallies back. We are either getting very close to a nice bounce, or look out below. At this point, fuck it, just buy more.
Being all in on Zec since 1 million Satoshi price, I am naturally a little biased. However, there is a bullish divergence on this high time frame Zec/Btc pair. I believe this pair will naturally find a balance at above 2 million satoshis as the zcash halving approaches next fall. Keep in mind how much power and control the Zcash miners have to keep price...
Bullish divergence keeping hopes alive of limited downside on Zec/Btc pair.
Hey guys and gals, this is something we need to examine from a capital preservation point of view. If you are an ETH and BTC type like Mike Novogratz claims to be, you should look to build your capital as diligently as possible during the times of phenomenal opportunity. Right now, BTC is outperforming ETH. Let's not forget that BTC led the way in our huge run...
This thing looks poised. The longer it moves sideways the more momentum it gathers on top of the incredible gains we have witnessed since this free asset was created. (Damn, wish I had known) Anyways, look for the big money to go into BTC first and eventually BCH will have another huge pump. For now, BTC looks to be leading the way.
Hello and welcome to this simple yet most likely effective analysis of Bitcoin's current condition. As you can see, the 200 day MA provided BTC with all time high daily volume and a nice bounce. At this point it is clear that the 200 day MA's are propping up crypto markets somewhat across the board. There is a clear inverse head and shoulders pattern that has been...
Let us see what happens. Volume is looking huge. If this keeps up and BTC ignores the trend line for now it is feasible to reach a target around $13k based on my big bull flag target. This is by no means to say that there will not be substantial resistance at the $12,000-$12,500 levels, but we at least seem to be breaking through the bear trend at $11,500...
BCH/BTC overall channel is well defined. Don't get caught up with the pumping and dumping along the way. I thought I had a pump and dump pattern figured out last month based on the BTC mining difficulty algorithm adjustment cycles, however the last few DAA's have been rather insignificant for the price. What we can clearly see, however, is the distinct uptrend channel.