when do the weekly's ever lie ? that's a redundant question because you and I both know the answer - Just a reference ... don't sweat if we're just stuck in a timeloop it'll happen again and again and again fight for your freedom buy bitcoin
DOGE is in the process of confirming a major weekly bullish divergence. 1. Price double bottom confirmation - this forms an uptrend 2. MACD downtrend - further supported with MACD histogram creating higher low as indicated by green lines 3. PFE downtrend - very sharp contrast Price uptrend combined with multiple oscillator downtrends is classical hidden bullish...
Looks like 30K isn't too far away after all ! Major confirmation took place at $27,000 last night when 2H MACD crossed to upside after forming bullish divergence. Buckle up - the real FOMO pumps may just be starting as BTC smashes the Weekly and Daily bearish divergence signal everyone including myself has been warning about and trying to hedge against.
With the Weekly RSI sitting at 90 - BTC just broke up from a rising wedge at $24,600 against a bearish divergence. In doing so, it only strengthened the Daily and 4H bearish signal. How high is high enough ?! $25,900 may be the peak of this move. If you believe 2021 is going to be a bullish year for BTC, a pull back here to secure a major bullish divergence is...
Just demonstrating a bearish divergence that has taken place on BTC. Clearly much higher high's on price while the oscillators are collectively lower - the only outlier being the MACD, yet it is also mirroring this signal through the histogram beginning to cup over to the downside. I believe this is a good place to exit the previous trade longing the Bullish...
If BTC doesn't wick much below $16892 at it's worst, it would form a tremendous bullish divergence. There is already a minor divergence at play, however - I don't think it to be statistically sound enough to cause a reversal. However, if the down trend continues over the next couple days, this would directly incite a very strong bullish divergence. This would be...
Just demonstrating the bearish divergence present on the double top BTC has formed on the daily candles. Long term trends seem to outweigh short term predictions. As someone deeply invested in BTC and it's future, I want to see the asset appreciate. I also want it grow without tumors and steroids - if you believe in the 100k+ future of BTC then you should be...
The chart says it all. Patience is key here. Whales don't trade fake-outs, you shouldn't either. BTC Mempool stats speak for themselves - jochen-hoenicke.de BTC Number of Average Transactions per Block - blockchain.info
The chart is self explanatory. I don't expect a recession; over-all economic health seems good. Although a correction is possible. A small high leverage position could be very profitable in the upcoming month.
Think Amazon. Think Netflix. Overpriced. Due for a correction.
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The real question is what will the right shoulder do ? Will it break the downtrend ? If not, a possible retracement as low as 32000 SATs is possible. Only time will tell !
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While Cardano is still a very speculative project, it's one of the biggest and most promising Cryptos out right now ! www.cardano.org
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