AbaddonKey

AbaddonKey

No idea what I'm drawing really... Just doodling out the little TA knowledge I have gain so far. The current bottom should be in and we're on the verge of a rebound. How strong the rebound is unknown for now. I'm expecting a breakout soon between 2nd June to 3rd into the 40k range followed by a strong resistance before 50k range by mid June.

AbaddonKey

Drawing horizontal lines based on Binance order book. Together with the timely case that will be happening soon.

AbaddonKey Updated 

The stars are almost aligned for a continued 2021 bull run. Next few days will be critical.

AbaddonKey

RSI divergence are uncommon and usually signals a reversal coupled with the long hairy wicks showing much resistance at this level means more confirmation for a reversal. RSI is also still in the overbought region signaling a reversal soon. Moving average stays a strong uptrend with higher highs and higher lows. Volume lowering down consolidating for another...

AbaddonKey

4H Chart RSI just below the overbought still indicating a higher chance of a downtrend. MACD crossing down also indicating a downtrend soon. Decreasing volume on an uptrend that is also losing momentum also another sign for a reversal. Scenario 1: Possible to go into a 7% up/down range until Christmas or later, but too soon to know yet. <- I need advise...

AbaddonKey

RSI indicating an overbought position and historically means a reversal soon. MACD losing momentum also means a possible reversal. Doji candle also means a possible reversal. Though an uptrend but decreasing volume also means a possible reversal. Scenario A: Quick dump over a few days before shooting to the moon! Scenario B: Slow dump over a few weeks before...