if btc cant hold weekly ma50 as you can see , this is dangerous signal -50% is coming , the dip can be weekly ma200
golden cross was happened this morning it's worthy to trust this signal
i hope im not wrong now we have to hold ma50 if we can , maybe we can push forward to 0.145-0.148 and test triangle resistance if we pass ATH is ahead
i wont tell you anythings about this chart but only "MOON" i can say. by the way , pattern doesn't has 100% accurate. Manage your risk
at least we should see $300. i pretty sure we can reach that price. if BNB can stand $300 , we will be heading to test all time high resistance again
i dont want to say this but i feel bullish in DXY is coming . i hope i'm wrong . . .
Other dominance is testing neck line also all time high Sh** party is coming soon
just observe from chart , not include fundamental
Now we got a good chart where ETHBTC can stand above ma200 and MACD is nearly above 0 line If ETH can break neckline , ETH will go moon. key resistance is 0.04. but this is BTC pair whatever can happened , In worst case it can also go down to new low
This bullish starts 8 month straight and we never face with big correction ( -30% ++ ). Now , We have a bullish divergence in timeframe month and BTC price almost reach fib 1.618. i think the big correction is coming soon , maybe in Jan-Feb. Reason why BTC will correction - CME gap since 18500 - Weekly RSI OB >90 - divergence in TFM
As i looked back when BTC has a divergence in 4hr , BTC will follow up with correction which move down about 2-5% for a little correction and 8-14% for a big correction approximately.
according to my last idea , I think that bitcoin is making RHS pattern but BTC breaked the neckline , RHS would be false pattern so i dont think BTC will go down to 6000-7000 again. For now in TFW , you can see RSI is only about 65 which is indicate BTC can move up more and BTC just breaks a very big triangle so i think this is only a beginning of bullish...
MACD is one of the most effective indicator for trading ETH MACD just has crossed and crossed above 0 line which indicates ETH has a potential to move up. Because MACD just has crossed and ETH's price is near resistance , which the fresh power of MACD ,I think ETH can break the first resistance at 245USD and go straight to 276,285 respectively.
Short Tern : Short Long Term : Long According to this kind of candlestick from last month , it will follow with bearish month (you can see from red hammer icon) and last month bitcoin couldn't stand over fib 0.382 which is't a good signal for bullish market. Currently , you can see RHS pattern in bitcoin appends with above-mentioned reason.i think BTC maybe going...