In April 2015 We have identified the downwards trendline from the high And the priced has retraced below the 0.768 level The RSI has had a technical breakout And on this date, we had clear bullish divergence (well the RSI started to increase, there was no lower low but the price was more or less equal) In August BTC came back to retest the trendline to confirm...
On the 17th of November 2011 We have identified the downwards trendline from the high And the priced has retraced below the 0.768 level The RSI has had a technical breakout And on this date, we had clear bullish divergence. On the smaller time frames i am confident that bitcoin broke out of its trendline and retested before leaving this price level
Today I did the DCA into BTC at 16850 There is bullish divergence that has printed, and i feel like the markets are oversold. I believe that we may have some more downward momentum, but there are also a lot of macro factors that suggest that there is more than can go right for bitcoin than wrong This graph shows the levels i plan to DCA into bitcoin at. Note the...
My trade that im eyeing out, lets see how it plays out
similarities in the structures: BTC is at the trend line A bearish crossover has printed there was bullish divergence on the market cipher b blue hills Btc then went and touched the top resistance before making a new low which was the bottom Possibility of it happening again?
The Rand seems to have a double top formation on the price action, which suggests that the ZAR is to strengthen to the USD in the coming months/years The MCB also printed a lower high, which suggests momentum to the downside
The Nasdaq has closed below its 200 week moving average for the first time in 14 years This is the moment that for the 2 prior 50-80% bear markets in 2000 and 2008 Bitcoin has not lived through these points. Does bitcoin collapse with all other currencies, stock markets and risk assets? Or is Bitcoin finally seen as the safer option to store wealth?
nasdaq weekly looking bullish. I did a post a while ago about it closing below the 200week ma, but we have made a higher low on the 618, bullish div on the mcb, and broken out of the trend line Lets see how it reacts at the 50ma and the resistance line ... Death cross incoming still though...
BTC looks like it has broken out Currently there are more shorts than longs on BTC, and i think we will see a spike upwards before we come down I have taken a fib and noticed that the 618 aligns with the sup&resistance line at 16500 SL under previous low and 768. Note I wouldnt be suprised if btc makes another low, but if im right here we may have seen a temp...
I have marked out the last couple of times that the MCB showed bullish divergence. Is it alt-coin season? This graph says so!
We have reached resistance STOCH and RSI are at the top Bearish Divergence on both the Stoch rsi and MCB Strong sell on 2day analysis (SL above
We have tested the fib 0.786 from the c-19 low Bullish divergence on MCB Stoch RSI suggests that we still have another leg down however... I think that we may have seen the bottom, or we may be very close to it.
I dont think this composite Stable coin dominance will hold the trend line Which means that a lot of money is about to flow into the market It made a lower high, and the MCB suggests that there is a lot of bearish momentum
The VIX seems to react when it hits the highlighted box Stoch is at the bottom MCB Says that we have almost reached the bottom A rise in vix is bad for markets
Bullish Divergence on MCB and Stoch rsi but the volume is still currently low
So many conflicting indicators, but the 10 day suggests bullish with the divergence of price and rsi&mcb
There is a red dot on mcb which generally suggets its time to sell. The Stock RSI is quite high, and looks like it could be hitting a resistance soon This chart looks bearish to me
we are about to close the monthly below the local low. looks like market cipher b thinks we are about to go up. if we close above 17700 we could be very bullish. i suspect a green dot will be printed if we do (2 hours away) longs vs shorts are pretty much even at this stage. If we close below 17k I think we will go lower The bottom is near