rosnick

rosnick Updated 

Bitcoin held the VWAP line with avg to low volumes and seems that it's bouncing to keep going with the uptrend. XLM is a bit lagging behind and crossed below the VWAP with high volumes, if xlm will keep going down a very sweet spot for a long position is the yellow zone that represents Volume profile's POC of yesterday's session and the close of the VWAP. They...

rosnick Updated 

SEC lawsuit news created this huge FUD momentum and the price crashed. But looking at the daily time frame, we can spot a regular MACD divergency which is considered a bullish signal for a trend continuation. Since we're in an uptrend (price above EMA, monthly resistance broke, invalidation of the bear market back in August) and we're getting the regular...

rosnick

(1W Timeframe) Several clues point at the same outcome: reversal trend and Bullrun incoming! - We can see a break of the downtrend with higher lows that will invalidate the bear market if we can close this W with a higher high. Keep in mind that there's a big resistance zone (red zone) that could push the price down to the yellow zone. - 50 ema already crossed...

rosnick Updated 

Another approach to the chart might be a repetition of the previous flag pattern with a retracement up to the 0.618/0.786 Fibonacci zone.

rosnick Updated 

(4H time frame) We have a symmetrical triangle confirmed by the decreasing volumes, bitcoin just set new ATH in the past days and we should expect a healthy retracement to the 18k-19k levels so that we could also retest previous ATH and set the structure as solid support.

 In the daily time frame, XRP printed 4 doji in a row which represents the big...

rosnick Updated 

(Time frame 4H) Xrp failed to retest 0.45 levels but we did test the 0.5 levels, we so a peak in volume to push the price out of that level very fast. If xrp will be able to break the current downtrend line and make a higher high, we could have a trend reversal for the short term, by getting out of the current zone and reach 0.57-0.67 zone to then build up...

rosnick

Let me know your thoughts.

rosnick Updated 

After the 26th retracement, volumes on a day time frame are decreasing, which diverges from this uptrend we're getting in the 1-4 hours time frame. If today's candle closes red, then we'd have the confirmation of the change of trend in the short terms because it should be indicating a trend reversal in the short trend (1-2 weeks) with a re-test of 0.45 levels,...

rosnick

Here you can see in a daily chart that volumes are decreasing and if this last candle close red, then we'll create a lower high which could confirm the reverse of the trend for the short term.