Hi traders! I've said this previously on my signal group and also on other various discords, but keep on tracking the potentially valid rising wedge seen on the 4 hourly ETH/USD, has not broken out but is near the apex, Cipher B criterias are all met on the longer TF such as the money flow in the green and momentum coiling down for a move to the downside. Majority...
Hey traders, just be sure to refer to BTC /USD on the longer time frames, too early to tell if this is valid, but could be a potential rising wedge formation, with the apex right at the 11-year resistance level . Money flow on the higher time frames (12 hourly - weekly, looks quite bearish , cooking up a move to the downside. The green money flow seem on Cipher B...
Hello traders, ETH/USD is forming a clear potential rising wedge that may soon break to the downside if it closes a 3 hour or 4 hour candle below the trendline. Looking at the technicals, on Cipher A, it printed a Blood Diamond on the 4 hourly, supported by some of my usual entry criteria's being met for a short on Cipher B's money flow in the green and RSI being...
Waiting for candle close, money flow has already crossed on the shorter timeframes.
BTC Dominance had broken down from my rising wedge that I had charted up to the price target, suggestion would be to get ready for alts to stagnate from their recent rally whilst money flows back into BTC and outperforms alts in the short term. Just have a look at the money flow on the 4 hourly, supported with the oversold RSI and and various divergences from the...