My price alert just got hit, based on previous support. Would buy within these area plus RSI showing over bought. Expecting a bounce play from here. Might average down as I expect BTC to consolidate around $8400-$8600 area under 200 MA.
Daily RSI showing bullish divergence, and still within the support area. Watching closely.
It's just one of those trex alt that didn't pump yet. Plus, it looks bottomish AF. One can not go significantly lower than this. (50 MA holding support)
Market cycle is on point. Definitely in the bear trend play. However, I'm looking for an entry, preferably at the support area. If it breaks support line then we're looking at sub 1k sats then that's a steal.
I know it might be weird to draw pattern reversals at the RSI. However, if you consider this it might tell you something as BTC turning bull.
It would be great if we'll see a bullish divergence on this bear trend to set for optimism range, like the previous action.
I'm looking for a short-term bounce since RSI adheres from the previous over-sold indicator plus it is approaching the support levels I've mapped. However, MACD is just merely showing a buy signal (but it's going there).
Just wait and accumulate as low as possible. By the pattern shows, we may see an uptrend by mid march.
Not much, just mapped out what I think the support area after the breakout from the resistance area. So basically the resistance area just became the support area. $MANA burning for purchased $LAND might be the culprit for this uptrend, plus Barry tweets about it. lol
Unable to get above resistance area. It might keep testing until a catalyst come or a very short term bear action.
Despite of BTC latest upward movement, LBC seems holding its uptrend. Bounced quickly from the short term sell-off.