Price is in a rising wedge and currently heading down. MACD lines crossed and is now in a bearish territory. Price kept bouncing up from the support line but also from the EMA ribbon which indicates us that this will most probably be the scenario here. I'm still waiting for the breakout.
Price broke up from the descending triangle and is now ranging in a parallel channel currently moving downwards from the resistance level. However, MACD lines crossed and is now bullish, RSI is above 50 which indicates that it is being bought and EMA is below the price. I'm still waiting to see if we can catch some moves in there at the best entry points.
With BTC retesting, it bounced up a bit from 3.41% and is currently at 3.5%. MACD and EMA ribbon are still showing bear movements but RSI is oversold. In my opinion i don't think it will stay going up and eventually when BTC goes up again it will reach the Daily Demand zone, we just need to be patient.
It bounced back up like expected and it's heading towards the daily supply zone as, like i said before, we had a hidden bullish divergence. It's preparing to be above EMA ribbon and MACD is showing weakness which both confirms the analysis.
Like expected, the last daily candle closed above the resistance level ($42,601) and price is now bearish as we had a bearish divergence. Like i said, it will most likely restest the $42,601 level as it will be the first major support level before $40,889. Overall, price is still trading far above EMA ribbon and MACD is still bullish.
Like i said before, price touched the daily supply zone and backed down like expected. However, RSI is still overbought and MACD is showing weakness, but price is still trading far above the EMA ribbon. This could mean that price will most likely retest the $2,870 level or if price holds above $3,000 we would see good moves to the upside.
Price is in a descending triangle and MACD is in a bearish territory. However, RSI is still in the buying area and price is still trading above EMA ribbon. I am still waiting for the breakout.
Price is consolidating between $1.0302 and $1.4925. It rejected the resistance line and is currently trading at $1.4354. However, price is trading above EMA ribbon, MACD is bullish and we have a bullish divergence on RSI which indicate that price will most probably break that level and keep moving upwards.
Price is in an ascending triangle. It broke the resistance level at $0.30413 but went back down. MACD is still bullish and RSI is above 50 which means bulls are in control. Price will most probably break the resistance level again and keep going up from there.
Price reached the resistance level at $246.67 and rejected it again. However, MACD is still bullish and RSI is showing a bullish divergence which both are good indications. When price breaks the resistance level we would be longing KSM.
Price was consolidating between $0.4713 and $0.77 and is currently at $0.7113. Price was going up beautifully although it failed to break the resistance line ($0.77). MACD is showing weakness for bulls so price could either still go up and break the resistance level and aim high or go down again. Waiting for more confirmations.
Price was in a downtrend and broke the resistance line and is currently consolidating. MACD is bullish and price is trading above EMA ribbon. RSI is overbought which tells us that it might retrace a bit before going back up.
It is still respecting perfectly the support line of the uptrend. In the last few days it dropped hard creating a daily supply zone (48.5%). It bounced up from the support line but dropped again failing to break it although MACD lines crossed and is now in a bearish territory. However, we see a hidden bullish divergence on RSI. I expect it to go back up to fill...
It fell from 5.38% to 3.53% and is now at a major support level. It is trading below the EMA ribbon, MACD is bearish and it is close to the daily demand zone at 3.41%. Also, BTC is expected to go up so the analysis is on point. It is expected to reach the daily demand zone, we will see how it reacts then to predict future moves.
Price broke major resistance level at $2,870 and is still heading up. Although, RSI is overbought and we see a clear pullback when price tried to reash the daily supply zone. MACD is still bullish and price is trading above EMA ribbon which are both bullish indicators. If this daily candle closes above $2,870 then it could potentially be an area of support and we...
Price is currently in an uptrend and is respecting the support line perfectly. It broke several previous major resistance levels the latest one being at $42,601. If this daily candle closes above this level my next longterm view on BTC is to reach the daily supply zone and $55,000. If price would reach this supply zone and no rejection is seen then we most...
#DOTUSDT 1h chart Price is currently in the daily supply zone but no strong rejection have been seen. It is also in an ascending triangle pattern and trading above the EMA ribbon. MacD is showing weakness for bears and MacD lines are preparing to cross and become in a bullish territory. I expect price to retest the 1h demand zone before going up again. Our second...
#BTCUSDT 1h chart Price is in a downtrend and is currently at the $38,400 level. However, we have a strong bullish divergence on RSI and MacD is in a bullish territory, plus we have an untested 1h Supply zone. All of those indications suggest that price will most likely go up, break the trend and trade above the EMA ribbon again targeting the 1h supply zone at $40,600.