Luna has been printing a Bull flag or bullish pennant, this looks like it is a continuation pattern for the move up. It is also showing relative strength vs the overall market.
ETH is building a pretty big bull div on the OBV showing more buyers even as price has gone down.
Will other DeFi tokens follow the same fate? This chart is to be used as a reference for other DeFi project that choose not to change their tokenomics model.
this is part of the crypto portfolio article for beginners. They will be able to track zones of support and resistance.
It seems Bitcoin has developed this long term channel. Whenever we cross the middle line of the channel we tent to test the upper resistance line. Same applies for when we have crossed under, we tend to retest the bottom of the channel. This paired with the 8EMA using it as our support area for the current cycle. the chart is still undecided and this month...
AVAX shows an OBV bull div, a nice hammer reversal and the second green candle for confirmation. Looking good for a bounce.. probably to test the 100$ resistance zone.
YFII daily chart shows a small hidden bull div with OBV. This means that there has been accumulation even when price has trended down/sideways. this wedge will probably breakup and break pretty strong. wait for breakout and ape.
Looks like we are following another distribution pattern. This would be invalidated by a break of 71K. Otherwise wait for the next test of 67K to 2 "sell the top"
BTC.D Analysis. :BTC: **some notes that don't fit on the chart: ** bottoming before blow off top has taken longer this run. (end of bottoming was breach of 20ma) - arrows and patterns drawn are a little edited as I don't think we will see the same % moves but similar areas of resistances/supports. 📈 - yes I do believe BTC.D will fall under 35% (All time...
Breakout of the cup and handle neckline calls for 6500$ test. as the measured move from the bottom of the cup calls.
Wyckoff Accumulation is still in play, we have not finished the second test of the higher support. We are coming to the end of the range int he triangle, if we breakout we could see a follow through to 40K.
textbook descending channel formed, might retest before take off or might just run now.
The question is will we follow the pattern and bounce? or will we breakout early.
the flag is being ridden to the big support. A breakout from here would be perfect to long. Already entering the position.
Waiting for a breakout to enter the trade