Crypto Market Cap Excluding BTC is looking very bullish. Ichimoku is bullish as can be: -Kumo cloud is green -Tenkan is above the Kijun -TK is above the cloud -Lagging span is well above price and cloud -No C Clamps forming calling for correction -Tenkan as the first line of support of the Ichimoku system was tested last week and the price bounced off there...
Evening Traders, (Post is not on my usual computer, apologies for any discrepancies) Today's analysis - RSRUSDT - Trading above Local S/R, holding these regions is deemed bullish for trend continuation. Points to consider, - Price Action Bullish - Local S/R Support (.382 Fibonacci Confluence) - Swing High Objective - POC Resistance RSRUSDT's immediate...
Evening Traders, Today’s second analysis – BCHUSDT- breaking key Daily S/R, holding it as support will solidify the level. Points to consider, - Price Action Impulsive - Daily S/R Support (S/R Flip Retest) - Swing High Target - Oscillators neutral - Increasing Volume BCHUSDT’s immediate price action is impulsive above Daily S/R, a confirmed S/R Flip...
Evening Traders, Today’s Analysis – RLCBTC- in strong uptrend breaking daily S/R. A retest of the level will allow for a long. Points to consider, - Immediate trend bullish - Daily support confluence (.618 Fibonacci & 200MA) - Swing high (immediate target) - RSI above 50 - Stochastics flat - Volume declining RLCBTC’s trend has been establishing...
Evening Traders, Today’s Analysis – LTCBTC breaking out of its 80 day consolidation, setting up a clear level trade. Points to consider, - Trend higher high - S/R Flip Retest (Local Support) - Immediate target (Weekly Resistance) - Oscillators above 50 - Noticeable volume influx LTCBTC has established a technical higher high, early signs of a trend change...