Gann Fan
ETH - USD, BTC & Dominance :: Consolidating before next leg upThis 4 pane chart breaks down the current consolidation on the 4H chart and looks at the 1D uptrends in terms of USD, BTC and market dominance. Taking a breather in the 2700s before heading for ~3300 by mid-May-ish. Looking at moving averages, Gann fan up trending channel, volume profiles, a little RSI and AX/DX for verification.
4 pane chart:
4H ETHUSD - consolidating
1D ETHUSD - consolidating
1D ETHBTC - BTFD!
1D ETH.D - Correcting before leg up
XLMUSD - Rocket has left the pad, quick pause then retest ~0.7XLM blasted through the 50D MA like a rocket, followed with a solid break & close above the down trend and has moved into a very positive Gann Fan channel. Volume oscillator seems to be bottoming out, confirmed by the RSI confirming a rising trend in strength. Should see a mild bounce & some consolidation near local ATH.
Presently bumping it's head against the 21D MA, might get a quick dip before moving on up.
Dogecoin! Possible strong breakout to the border of 0.35 cents Hello traders, the chart above shows the likely price movement. Currently, the price is strongly pushed up, which may result in the price breaking above the MA50, it seems that at the moment we can count on a bullish correction.
greetings