The skyrocket fails at the first Take Pofit zone which means that people have been skeptical about a huge upside movement and have placed take profit purchases in the light-red zone. The fail also shows that the amount bought was small and bulls were weak. The slump after the failed skyrocket says that there were more people selling which is insanely improbable or...
The B-Coin seems to be bordered between 2 heavy support and resistance lines. The price currently nears the support line and the RSI has gone oversold. In the past, after being oversold, the index used to make a bullish divergence before the price heading for the sky. It makes it much likely to have the same plot right now. We can wait for the divergence and then...
The coin is into a triangle and soon to be into its supporting line. What is more, the volume is so low, which means that most investors and traders are waiting for an entry point or otherwise the coin is dead but its market capitalization of almost 1B does not seem like ending soon. *Disclaimer: this is for educational purposes only*
The coin is into a triangle formation. The RSI is moving much faster than the price while falling which means that the upside swing is much stronger and more steady than the downside. We also have a bullish divergence of the RSI tops and the price tops. What is more, the RSI has been oversold at the bottom of our triangle and that makes it quite unlikely for the...
The Fib time zones show that the next big movement should be in the following 40-50 days. Which makes a huge down swing very unlikely so that we should expect a bullish move. *Disclaimer: this is for educational purposes only*
The coin has formed a flag which is a continuation pattern and there are a few signs that support that idea. First, the RSI is still above 50 points and teh ration of down/up is less than 1, which means for each RSI's point down, the price makes less then the correlating amount. Second, the price is between a strong channel, which means that the price either moves...
The pair is into a strong channel and it will bounce up quickly or head for the lower support. This gives us an awesome risk/reward plausible long position *Disclaimer: this is for educational purposes only*
BTC is back with next target 11850. You may see the explanation of the idea behind the chart on my previous posts on btc. *Disclaimer: this is for educational purposes only*
Slight rsi/price divergence might get the price lower. We have a very good situation to either buy or sell with rewards of more than 2.5 times the risk. In theory, if we have a risk:reward ratio of 1:2.5 we might buy and sell in the same time and profit without being concerned about the direction of the price. The pair is into a sideways pattern but that will not...
Definitive short. *Disclaimer: this is for educational purposes only*
The coin is ready to burst out after a few correction days - 2 - 5 I guess. All indicators are foreseeing an upcoming big move. *Disclaimer: this is for educational purposes only*
RSI 50 points support, deep slump after a huge pillar movement, previous top support *Disclaimer: this is for educational purposes only*
A flag formation Bullish RSI On h4 chart you can see a broken support/resistance channel with ABCDE formation *Disclaimer: this is for educational purposes only*
KEEP IT UP! The flag pattern is a real continuation pattern that says the price should keep up with its major move.
The coin is slowed down by the nearing resistance line and the fear of rising price. Even so, there is no real reason for the price to fall rapidly thus after a day or two the price should continue its upside move. The RSI is above 50 points and there are no signals for a downtrend.
A great uptrend is about to begin its last upside move until the next big retrace. The RSI is slightly above 50 points. 23.6% is a god target, though, 38% should be considered as well. It is final bounce could reach 38-50% but I am quite sceptical about this scenario. The RISK/REWARD ratio seems awesome since the stop loss target is right beneath the entry...
After the slump due the HS pattern it is time for a retrace and it has not got much room for targeting. *Disclaimer: this is for educational purposes only*