Is it good timing to buy BTC/USDT? I would say yes. Recently BTC/USDT got correction caused by a lot of liquidations. (September 6 ~ 8) After some consolidation, BTC was recovering the price but soon it started another consolidation. (September 15~17) A lot of people at tradingview were already mentioning about the bull flag, and I agree with that idea. Based...
COMP/USDT has shown volatile movement during April. The chart pattern can be thought as ascending wedge which is a bearish pattern, but I bet this is inverse head and shoulder pattern, which is a bullish pattern. 1) The price is above the resistance line, and the price is staying above the line. 2) Whenever the price touched neckline, (red dotted line) There...
1) AAVE is making a cup and handle pattern. AAVE tested the cup and handle support line today, and it supported well. 2) MACD made golden cross, and the two lines are splitting well. 3) RSI looks good. 4) At the moment,DEFI topic coins are on the rally. I think this one will ride the rally. Trade at your own risk. XOXO.
I'm bullish with CHZ. (Chiliz) After crazy bull run, the price of CHZ was decreasing. But I think this is the timing we can get another chance. 1) Daily CHZ touched 50 EMA recently and came back with huge volume increase. I think that showed strong support. 2) MACD histogram is decreasing, which means that bearish power is weakening. 3) Daily RSI is oversold,...
I'm bullish on ANT/USDT, but MACD doesn't agree with me. 1) ANT/USDT is making ascending channel and it is at the support trendline. 2) RSI is making bullish divergence, meaning that ANT/USDT is oversold. Blood is good fuel for bullish trend. (price: higher low, RSI : lower low) 3) MACD, my favorite indicator, just made dead cross daily. That's bad! So it is...
Abstract : Komodo will be bullish, considering the descending wedge pattern. Supporting idea) 1) Descending wedge pattern is a bullish pattern with descreasing amplitude of downward movement of the price. It has been about 3 years from the ATH, the breakout will be awesome. 2) MACD has higher low, while the price has lower low; It is called divergence and...
Hello. There are several things I want to show you. First of all, we need to see the chart. I drew three types of line in the price chart. 1.Blue dot line(Support / Resistance line) 2.Pink dot line(I connected open/close bottom price recently) 3.Red line(It's not about the price, it's about volume downtrend) Blue dot line is showing you that the price was...
ICX/BTC showed insane growth rate, considering its starting price(about 1000 satoshi) and currently it was making "ascending triangle" pattern, which is classic bullish pattern. (Pink dot line) The ascending triangle pattern shows us that there is some kind of price wall, so the price cannot pass above that line. in our case, 8500 satoshi will be the "price...