4hrchart
LINKUSD 4HR PlanThis is how I hope LINKUSD plays out over the next 24 hrs. I would love to retest RSI support and middle pitchfork support before a nice pop pushing past $32. It has played out how I had hoped so far since I posted yesterdays chart. Continuation may occur depending on BTC behavior. COINBASE:LINKUSD
UNFIUSDT New chartThree confirmations of four-hour bullish divergence on the cycle RSI indicator. Fibonacci price and buy targets on the chart. Good luck!
ETH 4H UpdateETH, Ethereum, is at a make or break point on the 4 hr. RSI is trending bullish and price action is following. There is still a downward channel that must be breached before real bullish momentum can continue. Rising trendline is nearly breaching the channel top, will it break down or break up?! We should know soon.
LINK Gaining SteamLINK, like most of crypto right now, is gaining steam. LINK is forming a nice upward channel with RSI higher lows forming a nice baseline for an upward trajectory. Liking what I see. Seems to be pretty smooth sailing up to the $31 area. Couple this with all the bullish news surrounding Chainlink from Citi and also Blockfi announcing that tomorrow they will also accept LINK for staking to earn 5.6% interest. BTC is starting to slowly show some strength as well which bodes well for all of crypto.
AUD/USDi'm looking for a small continuation to the down side then back up from here.
also forward for the market to respect the bullish trend but anything else is also possible
red horizontals are daily support and resistance
green horizontals ate 4hr support and resistance
Yellow horizontals are 1hr support and resistance
4hr chart h&s has formed. Will bull div keep it from triggering?Considering the h&s pattern is so blatantly obvious while also in a bull market is reason enough to be slightly cautious here... when you throw in the bullish divergence with that (yellow trendlines) the confluence really increases the likelihood of a fakeout...I think it's also probable we could get a breakdown that doesn't reach its full target as well. For now these seem like the two most likely outcomes here. *Not financial advice*
Nailed it, LINKUSD 4HROnce again, I correctly read the charts to see chainlinks next move. I do nothing special and try to keep my analysis simple with indicators to help support an idea. Trend lines and historical data can tell you almost everything you need to know as long as you know market sentiment
NGAS - Update 4HHighest probable move for the day as I currently see it. For now, the volume is low, and MACD trending slightly down which indicates that there's no momentum yet for that up-move. But this also indicates that market participants are building up their positions. London Open is just around the corner, which might be the catalyst for an up-move.
ugly inv h&s on xrpusd finally triggerin; target 57 centsthe 4hr chart ugly inverse h&s we had been watching several ideas ago waited until the very last us exchange (kraken) had suspended trading before finally confirming the breakout of this pattern...target should be around 56-57 cents. How convenient for them to wait untl the day after kraken halts trading to breakout.