MACD looks like it may start to post gains soon. After the poor earnings call, this may be the rally. Lot's of information on the chart, please enjoy.
I can't help but notice, that while BTC is steady, BCH is falling fairly quickly to 0.01, this drop has been horrible since May 7th. Reversal soon?
Just look for yourselves. I see V.I(+) going up, V.I.(-) going down, MACD looking like a soft cross to continued increase, volume has normalized. AutoFib is curling up. I say we hit 8.7 before the next concern. Will confirm with Euro chart. HOWEVER... we have not found a true bottom... Even if the auto fib is curling up, that doesn't mean it is impossible for...
Volume - Going down, not great news MACD - Signal line is on point to cross over, however we do not see this as a strong signal of an uptrend as there is a curling downward again. V.I. - (+) shows signs of life, but (-) is still far too high to be considered a clear sign of revivial. ETHBTC - Not deviating far beyond what is expected during a slight market drop,...
May 21st looked like it might turn things around, however, the past few days have been exhausting. The best buy in window was on the 11th for a 2 day run back up ~10-15%. Volume is continuing the decrease. MACD is showing signs of a possible scalping and then continued decent. If he breaks through the 0, then a new support line will have to be created. It could...
Looking at the 1W with MACD shows that the bear season is almost over. Could the week of the 21st be the next surge? Or... Could it begin sooner? Will it be short lived? STAY TUNED!
We should have seen more movement that this between MACD movements, but this is what we have today. MACD: Possible dip as the signal line is crossing out moving average. VI: VI(+) appears to to be poking its fin out of the water, just like a shark would want, but not high enough to say that we're all clear. VI(-) is above 1 indicating that we have strong...
Okay, okay, okay, tricky for me, maybe not for you. Stats: VI: We've got VI(+) gaining momentum, however VI(-) isn't far below it. MACD: Uhm, yea. No help here either. We've been switching back and forth without a clear indicator, however the downward trend is indicating that 14.00 is not quite a support nor a resistance. The histogram is not much help either, as...
BCH has had two great weeks, and unfortunately, BCH needs a much needed nap. MACD - Signal line will be crossing over, signalling a sell off is to be expected, however what is not so expected is that the market will probably just settling no lower than 1300 (1st support) or less likely 900 (2nd support) BCH/BTC indicates that the value of BCH is starting to...
Stats: RVI - Dipped today and yesterday, expected from the last charts I posted. VI - (-) Indicates that we have some more sales coming VI - (+) Indicates that even with sales, we still have a bull run going (at least for now) Volume - Highest volume this month, which is good signs for a bounce when combined with RVI and VI. BTC/USD - BTC has been on a tare as...
BTC 9k was broken, BCH has been galloping, past every resistance day after day, and where are we now? We're pushing the redline way too hard. This is where we look to GREED getting the best of good traders. I am not suggesting pulling anything off the table, because this momentum is just astounding, however there is some real concerns here. It would be prudent...
Zooming in on a 5m chart shows that we are still pushing that red line, however we've got enough volatility to keep this run going. We did see that BART formation, but it was quickly resolved as the bulls continue to flip BTC into BCH. Looking on various off-site charts, we can actually see that BTC is losing its dominance of the crypto market while BCH is...
BCH has been pushing the red line and really accelerating its gains the past week. If we don't see these gains start to slow down, we could see a backflip with a banana like curvature signalling that we're going to stall like a plane that just didn't have the juice. BCH could be mooning soon, but if it does it too soon, it's going to face a major correction. If...
We have conflicting signals here, as the RVI is near the sweet spot, the VI (-) is coming up again, VI (+) is stagnating, and the volume hasn't had more than 3 consecutive days of positive momentum for weeks.
As with BCH, BTC is having an increase in V.I (+) but is this signs of a rejufination, or just a continued slide down? R.V.I. in ETH seems to be teasing the sweet spot for gains, but this is better than sitting in the RVI too high.
The value in #BCH may be correlated to this increase in the V.I (+) for #BTC, which would make sense, if we weren't <120 days from the peak of BTC. Caution, this may be a bear trap. I suspect strong resistances in the white box, and then a sharp decline again for the next month or two.
Looking at the trends, RVI is about to push into the sweet spot, and somehow the price has been clmibing even though the V.I. (-) should be pulling the price down. Something strange is provoking a possible bear trap. We have a moment of truth happening somewhere over the next 8-14 days. We either break the barrier, or we drop down to a very scary low. Trade...
LSK has had a hell of a time trying to gain traction as some individual or a group of actors appear to be pumping at strategic moments and then draining the market of profits. However... Recently, we had a drip without a recovery. This could indicate that a pump is coming soon. Beware of the bear. These wicks are far too long for this to be a large enough...