The OTHERS index ( total market capitalization of the top-125 cryptocurrencies, excluding BTC and some other top cryptocurrencies) is expected to increase over the next two days as bitcoin dominance decreases. What do you think?
Yesterday I announced the possibility of pumping More information is available now comp conquered 0.5 Fib level in 4 hours time frame Now my new Targets are as follows: Target_1: Fib 1 Target_2: Fib 1.236 This is not financial advice This is my analysis at the moment and everything can always change
It has turned all levels of resistance into support one after another Target : 1,618 Fib (QTUM / USDT has finally started)
I think it is too early to make a decision and I will only express my observations We saw a sharp drop in prices Then we saw the price correction to the 618-Fib and a little higher than that. Can be expected to drop to 1.236 or 1.382 Fib Extension. The reverse cup & handle pattern is evident. sma-50 and sma-200 are moving towards each other (as if they are...
You see 3 different signals from MACD and RSI What do you think will happen?
In fact, the party has started You can see this by looking at the BTC.D and OTHERS indices Bitcoin dominance is declining and altcoins are growing rapidly I think the bitcoin market will move sideway after a slight increase Sincerely B Rivera
I have been monitoring the price movement of this chart for about a week First, it broke the falling wedge pattern in the lower timeframes This led to the breaking of the triangle pattern which restricted price movements for four months then it pulled back and placed on the support area There are many support levels in this area The price is right above sma50,...
It seems to target sma_200
The situation is unstable the price fluctuates within "symmetrical triangle pattern" ma 50 was broken after about 4 days (95 candlesticks) There are still many levels of support ema 50, ichimoku base line, Fibonacci level, and the triangle itself The colored areas are related to the indicator that shows the accumulation of resistance and support levels. These...
This isn't a trading advice I have prepared this for personal reference
Although there are mixed signals (Bearish and Bullish) but I am more interested in the Bearish scenario We have a rising wedge pattern after a bullish wave (which is a sign of retracement) This is a continuation pattern . See my similar analysis for LINKUSDT The order block corresponds to the 0.618 Fib If the chart fails to rise above the resistance area, we will...
it seems we have a lower high in the price chart "The failure to make a higher high indicates that the buyers are losing momentum, and as a result, the sellers could temporarily take over the market" MACD and RSI have a bearish divergence Possible targets : SMA 50 ,SMA 200
The bottom line of the price channel has been tested The MACD has the potential to generate a strong bullish signal
opposite to my previous analysis, this time I intend to look at the chart from a bearish perspective. After the previous bearish wave, a correction wave was formed in the form of a falling wedge pattern. in 90% of cases, when this pattern occurs after a Bearish Impulse Wave, it indicates a price correction before another Bearish wave. we will probably have a MACD...
The bottom line of the price channel has been tested 3 times The RSI is rising and there is enough room Closing a candlestick above the ichimoku cloud creates a strong signal Do you disagree with me? Please share your opinion
This is just a theory based on price trend
Buy in the middle of the price channel This is just an idea to create a long position based on the price trend