rsi div,macd div, volume div, low volume with many resistance hits along we are on a major 20-25 day period resistance zone, strict stop loss above resistance and long if we break out and stay on top side
We just broke out of a important resistance level, it appears we might retest the resitance which should act like support before we meet resistance around yellow area if we go up from here, we might rebound from 200 ema area, as we are on high part of boll ,Stoch and rsi
If we don't hold the red area which can act like support , then sellers can push us to the yellow area.
We are at a very crucial price level, we have been in a uptrend for awhile now, and now we are meeting resistance on a really important psychological key point as that level of resistance was a drop from 7 year high, thus if we get rejected we can expect a downtrend or a correction to the support level and if that is broken we can go around 3.82 level support,...
We are at a major resistance line ,we were rejected multiple of times, Every time we made a break to the upside breaking the resistance we were on the lower side of boll and rsi thus giving a extra margin to push up before being oversold, compared to the high oversold state currently paired with being on top of boll, and making a 4h bearish tringle ,furthermore...
We just broke out of a descending tringle which is usually bearish we came from a huge resistance line on weekly/monthly , now price is still on top of boll 4h, which looks like a resistance ,depending on market open we can consolidate and break to the upside if buyers come, but this might look like a rejection and break down to the bottom of the tringle, as it...
lets see how it plays out, as a correction looks like needed as we are in a 2 year ascending flag, and price has broken out of flag where resistance is met.
oversold on rsi price is on top of ascending flag, where resistance is met which is a important price point.
Price was in a downward trend for a while before it made a rising wedge, we are at a crucial price line which has acted as a support and resistance, where as on the rising wedge we are at the top, rsi shows overbought and resistance from the pervious support and resistances, also showing a divergence on 30 mins time frame, with macd on hourly decreasing ,vpvr is...
Btc is at a current pump at a crucial level,also possibly in a short term triangle with strong divergence with a big chance of retesting support levels or perhaps going sideways before going back up to retest the resistance line, act accordingly to the information and evaluate the possible situation of where we can go from there, like and follow for more...