Looking form high time frame perspecitve to small time frame it looks that we are in ranging market. ETH is likely to drop down to 4175 level and bounce up to around 4450.
After longer accumulation price is close to monthly strong level of 1.2 RSI and MACD indicated move up Last days there was increase in volume on the move up indicating potential strength and readiness to pump. Swing position with conservative TP at weekly level and SL below monthly level. Entry 1.29 TP 1.725 SL 1.08 Potentially 32% profit
Dent was one of the only coins that actually shown signs of strength supported by volume, but tanked together with the market. Now at weekly strong support creating double bottom on 4h. Downtrend since local ATH at 1st Nov doesn't indicate a good place to long Waiting for green volume above average Timeframes of 3h and below show signs of stopping volume, but...
Market needs more days to find stability. Currently there is not enough volume to push the price substantially up, although it looks that there are signs of optimism, based price not falling down and jumping high after 1h of good buyers volume. We could be finding another bottom at 43k level or a move up to 52k level and another dump, but it's unlikely that the...
4h shows up trending channel. Currently in the middle. Indicators showing move up. 1h possible short from the top of the channel. Will coincide with RSI and 200 EMA. Move up supported by volume.
12/8 Wednesday 1D BTC found support at psychological level of 50k and 200 EMA 12h we see bounce of the bottom of down trending channel 6-4h after expected move down price bounced at 49k level. Currently (10am) creating engulfing green candle on above average volume 2h look at OBV and RSI since 4th Dec creates bullish divergence indicating further move up 1h huge...
ETH 12/8 W: despite the dump price closed above 4200 level showing strength of the bulls D: strong suppot at 4k region 12h: dump on 3 Dec closed at 200 EMA 6-4h: price creates higher lows - orange line
12/9 Thursday Daily: We are still in down trending channel. Last two days created doji candles on small volume indicating continuation of downtrend. 4h: Price broke POC support at 49k on above average volume without any anomalies since Dec 7 2h: Volume visibly rises on red candles indicating strength of the bears
Price shows anomalies throughout the time frames from 15m to 1D creating much confluence. BTC in downtrend. OBV close to it's highest values from 26th Oct which were followed by a dump. 4h shows double top which is another good indication of momentum going down. RSI coming down from very high values around 80. Dobuble and triple tops on smaller time...
Daily volume close to average on red candles indicating further downtrend. 4h after double top on RSI and OBV we see price falling Looking at VPVR there is a volume gap between 3900 and 3600 and if price don't hold current level we might see a big drop to 3600 6h OBV and RSI downtrending Currently 1PM after a drop in price on high volume, we can see stopping...
We are continually in down trending channel since ATH. Price finds support at the bottom of it. Looks like accumulation zone on small volume since 3 Dec. Before move up we need to get to buying climax with long wicks on the downside on high volume. RSI and OBV create bullish divergence with the price indicating short term move up. Most likely in the next couple...
12/12 current move up is not supported by volume. We can see bearish divergence with OBV, showing that the volume is declining and price moves in another smaller channel within the big down trending channel since ATH Possible short term outcome is break out of the small channel and move up to the boundaries of the bigger channel before fall down. Hence analysis...
Late entry at 0.69 Much better would be at 0.677 after MARK UP TEST failed, meaning that there will be continuation of uptrend. Another spike in volume followed by local accumulation in 0.69 zone on small volume indicate further move up. TP at weekly resistance at 0.738 SL below VPVR at 0.666
12/12 since end of Novemver price is in descending triangle, which usually signals continue of downtrend and break out from the bottom. OBV is in decline creating bearish divergence with price. Support at 4k has been tested many times and bounces are getting smaller meaning it's getting weaker. Fall to the next support zone at 3600 is more likely also because of...
12/7 Tuesday 1D: price closed above 200EMA on above average volume with long wick on down side 12h: we are in the middle of down trending channel with price moving up 4h: price continues move up, but momentum is slower in the past 24h. On last candle we see long wick on the down side. Volume in the past 24h slightly below average, no major anomalies. 3h: yesterday...
Hidden bearish divergence with RSI and OBV. BTC at a 50k level and falling. One of only coins that was still going up in last hours when everything else was falling. Long wicks on up side. many candles 30m and 1h. Psychological level 4.0 Huge spike in volume before forming double tops was pushed down. Anomalies on volume touching average and small bodies on...
12/3 - Many small projects started to move, means that marke found balance in BTC consolidation and is likely to go up. small weekly doji candle forming Daily - in last 3 days volume is getting smaller. All 5 past candles got rejected at 58k level with longer wicks on the upside. 12h - still local downtrend. If there was move up to happen it is likely that the...
Long term accumulation zone with increased volume just before BTC fall. Coin is ready to pump. Good RR Confidence 1/3 Entry 0.3 TP 0.345 SL 0.285