If we look at the weekly chart we can see we finaly managed to break out of the 30 week descending trendline. We just have to wait for the candle to close for confirmation. MACD is about to cross bullish above 0. RSI descending trendline has also broken. As we all know the bigger the timeframe the bigger the move is. It just takes longer for it to play out. We...
Last time the daily ichimoku cloud turned green we pumped 250% from bottom to top. Plus we have a nice ascending trendline on the RSI. Halvening is in 100 days. Long while you still have the chance! Not financial advise, do your own research!
If we look at the 4H chart we can see we have flipped resistance to support. A potential inverse H&S might be forming with the first shoulder and head already printed.
If we take a look at the 4H chart we can see bitcoin's price has entered a range and produced a double bottom while also establishing local support at around the 7150 level. If we also look at the MACD we can see the fast moving average crossing over the slow moving average from the bottom up which is a bullish signal. RSI also looking good at around 50. Also...
We see a bounce of the descending channel leading to a potential Inverse Head and Shoulders which usually signals for a trend reversal. We also see a complete head and shoulders on the RSI which. Not financial advise
Not financial advice. If we take a look at the 4H chart we can see a bulish divergence on the MACD and RSI. The bands of the boinger bands are getting narrower signaling for a move. The price is also resting on the lower band which is acting as support. In addition an inverse head and shoulders is forming signaling for a trend reversal.
If we take a close look at the 4H chart we can see we have a very strong supportive trendline respected 5 times already (highlited in green). Bear candles have relatively short bodies and long tails which means the price ticked down but failed to hold at that level. Volume and volatility are extremely low and a bullish divergence on the RSI give us a signal to...
If we take a look at the daily chart of ETH/USD we can see we have been currently trading in an ascending channel and the supporting trendline has been respected 3 times already (highlited in green) and while a test is possible the chance for growth looks higher becase we see the volume is decreasing yet techichally we are still in an uptrend. The 0.618 fib level...
Btc has extremely strong support at 9200 (previous resistance). As we saw it bounced from that level yet again. Price moved above the ichimoku cloud which confirmed the bullish move. Short term target is 11 200 as we are still trading in a descending channel. Green box is the take profit zone.
A descending triangle is formed and volume is very low. That means a huge move either way is expected. Inverted head and shoulders also formed which is a trend reversal signal! You should wait for the break either up or down and jump on the wave!
The price is moving above the ichimoku cloud which is a bullish signal. Volume is real low and the rejections at 8600 are gettin weaker and weaker!