First wave of btc correction already complete, retracing to high volume area (64 and 65k) before last leg down to 57k area. After reaching 57k which is a strong support area, perfect longing opportunities into next year may arise.
BTC got a sprung yesterday but was unable to get through 32k quickly. High chance of going down before the next leg up BB momentum on overbought and symmetry triangle formed
BTC is no longer in an uptrend since it formed a lower low on the uptrend. 4hr chart shown that OBV has already broken through the uptrend. Expecting price dropping to 33k
Hear we go again. Massive RSI downtrend, unable to breakthrough. Price and OBV in identical downtrend. No sign of fast recovery at all. Relative vigor is hesitant and was in the overbought area.
Once again, BTC is unable to push above 60k, not enough volume. Forming a possible symmetry triangle breaking into the upside. OBV showing bearish divergence. I'm still bullish on BTC in long-run though :D
DOT made to around 35.8. Which is close to what I have said yesterday. The OBV and CCI now showing strong bearish divergence. High possibility of retesting 34.14 once again.
Prior to the massive dump yesterday. The bottom has proven to be strong support bouncing the price up. BTC and the whole has starting to bounce back as well. I don't expect the price to go all the way up and make ATH. My position will be long here till around 36ish. Feel free to discuss your idea or comments below! OBV showing bulls rally CCI divergence
After a huge ETH fall yesterday ETH has been trying to break through 2300 but no success so far. With the current crypto situation, the price not pumping fast enough. People "may" panic sell causing a 2nd wave drop. OBV and CCI showing sign of reduce volume Trading in these times is very risky since volatility is extreme, please be cautious and do your own research!
ETH made an ATH in at 2157 within a few days then retest 2000 level leaving a candlewick. Later it when up to 2093, being a short downward trend to 2000 then bounce up again. If 2000 can hold, we can expect the price to consolidate within this area then continue the upward trend! RSI convergence with the price trend and a breakout confirm after breaking both...
ETH seems to be extremely bullish in the short term. It has retest many key levels and able to breakthrough after a while. Long here and watch the new ATH! Positive signal on Ichimoku, rsi and macd. Key resistance on 1904 and 1855. Stop loss on 1855 Risk : Reward = 2.8++ (depends on how high will it be)
Using a 4 hr candlestick, it seems that this push isn't enough to reach new ATH. The last price correction took almost 1 day and 12 hours to reach the moving average. This time we can expect the price to fall to 50.6k within 2 days, accumulating before pushing for a new ATH. Technical : MACD and RSI indicate overbought.