Monthly looks like it will turn around on the Stochastic RSI and has plenty of room to reach the top Bollinger band. I like to keep things simple. With these indicators and all of the recent bull sentiment in the media, I'd be surprised if we don't see a massive uptick very soon.
Either it breaks out and zooms to moon from here, or all the media and analysis is wrong. Set your stop losses now!
I enjoy identifying patterns :)
the support at 120 - 135 range over the past weeks shows a much different dip than the previous. looks like an upward trajectory overall, so perhaps this current dip will be a short lived bear trap. stochastic RSI is at bottom already, much different than previous dip which took a bit to reach bottom.
not much to say here, trade carefully!
these flags are fun to trade on if you use fibonacci trend-based extension tool and stick to the top and bottom of the flag as closing points, it's almost like taking candy from a baby except without the guilt
could go up or down! i am hodling
all three are in the green with EMA/SMA indicator Stochastic RSI looks overbought on the 1hr and 5m, but the 4hr and a Day chart look oversold, so this may be the next Bull Run (46k maybe?) happy trading
Pennant pattern tells me it's going up from here, and this is based on previous trend analysis and my prediction of the 250k goal in October 2021. As with a lot of breakouts, there may be a fakeout of a dip at first. Fib extension shows around 46.8k on the bull high and 26.6k on the bear low. These are short term targets, of course. Stochastic RSI says trading...
******* Thanks for reading! Please upvote if you find this useful! ******* I had my butt handed to me at the beginning of 2018. I really thought it would keep going up :( Over the past 2 years, I learned a lot more about trading, trends, signals, and investment strategy. I currently now hold more money than I've ever had at one time in my life, all in Bitcoin ,...
nothing special here, just looking at the big picture. Bitcoin is going up. Institutional investors got in at around 3500. We are in an obvious trend reversal from my point of view. the chart should speak for itself.
logarithmic scale. if the price dips far below that blue trend line then we're all fucked. otherwise, happy investing :)
Hey FUDsters, stop being a wuss and look at the actual data.
Fibonaccis, RSI, resistance and support trend lines seem to all add up to another climb, possibly to $320 area. Happy trading.
There is no technical analysis for this chart, I just thought it was funny that my arbitrarily drawn line was so darn accurate on the first hump, so I wanted to keep this to look back on it throughout the year to see if I had some super powers or something. It'd be great if XMR price followed this line, but it's probably wishful thinking!