Agora_Anarchy_Action

Agora_Anarchy_Action

It's always easy to analyze charts in hindsight. Those of you watching the 4 hour last week hopefully noticed the growing bullish divergence between the price candles and the RSI. This is an extremely powerful indicator to watch for. As the price of BTC set lower lows over the weekend the RSI was printing higher lows. Remember, always make trades on more than 1...

Agora_Anarchy_Action

Watch where we close in relation to the 50 day MA. Indicators are leaving me indecisive. A solid close below the 50MA would be a good signal to sell, if we close above it, I think we're headed in an upwards breakout again.

Agora_Anarchy_Action

Nano forming a symmetrical triangle. Decision time coming, I'd wait to see a breakout in either direction before placing a bet. Since I am the betting type, I'd say it will continue the uptrend so long as BTC remains stable.

Agora_Anarchy_Action

Bitcoin moving in a wedge on the daily. The top line will follow the 200 day moving average, I expect we will get rejected twice more before the wedge completes mid August. If we do continue to get rejected I expect we move down again. If at any point we cross that 200 day average and maintain it for a couple of candles it will become a support and we can expect...

Agora_Anarchy_Action

It's been rejected off the 200 day Moving average multiple times in the past. Can we break through it?

Agora_Anarchy_Action

Pretty clear bear pennant on the 4hr, bullish rsi divergence with declining volume. Toss a coin. I'm betting on 6.1-6.2k in the next few hours. New to trading, my advice is shit so don't take it. kthxbai.

Agora_Anarchy_Action

1 hr descending wedge, bullish divergence on the RSI

Agora_Anarchy_Action

Keep it simple. Likely will hit 37-39 before dropping back down to the 34 range. Will be curious to see what BTC does with it's current rising wedge as well. (I'm new to trading, probably shouldn't take my advice)

Agora_Anarchy_Action

Looks like we're nearing the completion of another rising wedge. Heading down again soon? I have no idea what I'm doing and this is my first chart please be gentle.