I'm in waiting...I'm trying to determine if the price action will bounce off of the VWAP candles on the 4 hour chart or not. As you can see in the recent history, when it jumps on top of the VWAP candles it will make a measured move upwards toward the $22,500 range. If it bounces off of the VWAP, we are sure to see more downside action. I'm in a holding...
If you've noticed the blue trend line that I have added to illustrate, it dates back all the way to 2017. I only went back 5 years to make the picture work, the truth is, I could have gone back to the beginning of BTC existence and it will give the same answer. Notice that we still have a ton of room further to the downside before we get anywhere near creating a...
As you can see in the chart below, the MACD is about to cross, the trend exhaustion has just bounced and there is decent room to the VWAP...Possibly fixing to see some temporary relief
What a big turn of events...Hunker down in safe coins for a bit
If you notice the crudely drawn circles on the BTC chart, you will notice that most of the time when BTC crosses the 9EMA, it makes a decent sized move...Eyes open
If you notice in the chart below, I crudely illustrate that ETH was creating higher highs as well as higher lows from Sep 2019 through Dec 2021(an uptrend). I find that interesting because during this time period, there was no ETH merge, in fact, there was very few who even knew what was the intention of the merge. Dec 2021 is when ETH started to experience...
I bought the dip in Shib due to the fact that it was bouncing off the bottom of the trend exhaustion indicator on the 4 hr
Haven't found anything I loved yet today so took a small scalp off STG just to put a little coin in the green column for today.
Bought the bottom of the trend exhaustion on the 4 hr