Confluence of factors make me think Link is headed towards a hefty retrace now that its bearishly retesting 23k sat level as resistence. Horizontal from the range high in June is around 23k sats which has held as support for most of month of July until recently. It appear to have faked out above it briefly in the last week. It also broke the trendline since this...
playing for a bounce off this recent accumulation zone. Since BTC seems relatively stable for the time being and seeing some other alts pump or make pushes. TRX hasn't had a pump in quite some time. Also showing bull divs on RSI across multiple time frames. I'll be managing risk by taking profit off the table after a move up to the high 600 sat range. Let me know...
Let me guys know what you think of this channel. It looks so far to be fairly well respected. I know a lot of people have a rising wedge drawn here for this up move but I see a more parallel stucture developing, which I believe means more bullish bias. Would possibly be looking for longs at the bottom of the channel to coincide with fibs or horizontals for a move...
Obviously a lot going on with BTC these days. Seems very difficult to tell which direction it's heading but the consensus is that a big move is coming very soon. I think that atleast a test of this 6800-6900 area is coming very soon and is likely to be the decision point for the market on this attempt. Because it is such a strong HTF level, a rejection could be...
With btc looking like it may hold at 6600 support, we could see some more pushes from alts. Anticipating it will be turn for several of the popular mid caps.
This setup looks favorable on QKC, restesting a prior consolidation zone thats been holding down price for awhile now. Also rumors of a korean exchange listing which can't hurt.
If anybody knows a good way to...
How I see BTC playing out for the next year or 2. Basing this off market cycles, influence from 2014/2015 pattern. From currennt point: run up to 6700ish, down to sweep yearly lows around 5400-5500 before making a strong fakeout rally up to 11-13k before eventual fall and capitulation sometime next year in the 3-4k range and then sideways in the 5-9k range for a...
I believe this is a make or break moment for BTC. A 4h/12h close above 6343 would negate a hidden bear div since the drop down here a few days ago. Close below and reversal would keep it active, and hint at price heading back towards yearly lows
Nano has been one of the leading indicators for when alts are rising the past several weeks. Given yesterday's bloody day, could see some rebounds today given that alts held relatively well around supports like nano did. Playing a bounce of an order block/key level here with a tight stop considering btc could very well be heading down further - but if it doesn't i...
im pretty sure that eth/usd is showing hidden bearish divergence hear hinting at a continuation to the downside. Can you guys verify that for me? I know there was bullish divergence but price failed to make a higher high while oscillators did.
-If anyone knows when or how to verify when a hidden divergence is confirmed on rsi, let me know. I wasn't able to find...
Been in a fairly large consolidation pattern for awhile. If btc can stay up or push up above 6800 id expect to VET to break up out of this pattern and create a measured move to 321 sats. With a handful of other binance alts continuing to push further up, id expect VET to continue its bullsih pattern from lows a few weeks ago as well. Newer to this type of setup,...
Not super confident in this pattern but let's throw it out there and see what kind of feedback I get. Looks like it's retesting a breakout of the descending triangle. Measured move target would put us at a target of next level up 1190 sats. Confluence for a bounce here with 4h kijun although it did close below cloud on doubled settings and has bearish tk cross...
Bullish divergences on ETH forming on 1d, 4h, 1h charts coming into major support area and double bottoming... hmmm. Plenty of bull div's have failed in this bear market so let's see how this one plays out.
