BTCUSD seems to be on a rocket ship... My target were around the 13.3K-13.9K USD, but I might have to readjust it! lol Paypal && Tether => BOOOM
LTCUSD broke channel 1 and is about to break channel 2. In case it breaks channel 2, 60 is a very fast possible target. RSI (in 3) looking amazing and Stoch RSI (in 4) just crossed bullish. LTCBTC looking promising as well!
Not a financial advisor... RSI daily trendline rejection+Stoch RSI turnning lower. Price action move towards inside the channel (lower 92 level might be possible). As there was a sharp move lower a confirmation of the breakdown is possible as a retest from the 93 level.
I am not a financial advisor. Sorry! :( DXY seems to be rejecting from the top of the consolidation period started on the 27.07.2020. It seems as well a rejection of the 0.5 Fib for previous swing and the horizontal RSI resistance... A bit bearish in my opinion ... giving up most of last week gains.
It looks as DXY might be forming some bullish patterns. I was expecting a W but a Cup and Handle seems at the moment more likely. Waiting to see how it evolves. I am not a financial advisor.
Generally Tether Pump => BTCUSD pump. Not a financial advisor! Use Stops and counter Stops. :)
BTCUSD might drop on the near future (I see a possible retest of RSI support mainly on the 4h) BUT we can see a huge uptick as long as 1) Tether Marketcap continues to increase and 2) DXY continues to drop See my previous idea for DXY as it hasn't change until trendline from 2011 is broken (DXY>95)
XLM against the Dollar => is possibly printing a bullish divergence + double bottom. XLM against the Bitcoin => falling wedge if broken 0.0000092 is a possible target.
XRPUSD - broke descending trend line with possible Inverse Head and Shoulder. 0.25 neckline with target around the 0.28
Disclaimer - I am not a financial advisor. The current weekly candle (wait for the candle close!) will decide whether the DXY is having a major rejection of the trendline that dates from 2011 (trendline in red connecting the lows) or if we see the USD faking it out and disregarding it totally.
Disclaimer - I am not a financial advisor... BTCUSD daily RSI has broken higher. Is this indicating a similar price action?
Disclaimer - I hold no LINK! Nor have I ever held any...nor am I a financial advisor. Still I like the Link chart and therefore publishing my thoughts on it. It seems that it is forming some falling wedge which is currently meeting a longer term upwards trending channel. This falling wedge is almost at its Apex and I would expect that price starts to respect the...
On the weekly BTC printed a Doji and a Bearish engulfing candle. On the Weekly RSI, there is a support being tested. On the 4h there might be some bullish divergence on the RSI. I must say that I am not a financial advisor and therefore do what you want with this information as each trade is unique.
Waiting for a breakout from either possible structures: - Ascending triangle (body close) - Bear flag
Possible Market Symmetry ADABTC. Not financial advice.
Simply put, BTC broke resistance and that same resistance is now support. Therefore currently biased Long as long as price action (and candle closes) remain above the trendline that flipped.