I posted a couple months ago other TA for monthly chart using a parallel channel . for this chart I will use my own rules (taken from my own trading system). I don't use RSI with my own system but it is interesting reading this indicator in macro for understanding the condition in the big picture. In September-October I started shorting bitcoin from 66k all the...
Cardano fired a sell signal with weekly bearish divergences in SQ and OBV 2 months ago now testing 1.50 where is located EMA 55 weekly. 1.50- 1 USD is a key level in the long term. if cardano breaks this area closing a weekly candle below there . I am expecting a significant correction to 0.40 levels or lower. Bullish: Cardano holding 1 USD- 1.50 for...
BNB is getting ready to fire a sell signal in weekly. I consider BNB one of the best assets in the market but even with that this asset will start the correction in 2022. the next area I will start looking for is EMA 55 weekly around 350- 300 area if this area breaks we will see lower prices. Bearish: Weekly bear divergence about to be confirmed. Bullish...
AXS one of the best assets now in the market fired a sell signal in weekly chart as investor this is the moment to start cashing out. This asset born in the bull market.. I am expecting a significant correction if 125 level breaks. Targets: 70 usd or lower if EMA 55 breaks in weekly.
This is my first TA (in this account) This is my long term TA for Bitcoin. BTC confirmed a bear divergence in SQ and OBV OSC has a massive bear divergence confirmed. As you can see since April OBV is not following BTC following the OBV theory. "the volume should follow the price" BTC is in a very critical moment now. Facts( for me): BTC will not hit...
EGLD is performing very good. Now is correcting in 1D chart but as you can see SQ is showing falling/sideways signal but the trend is intact. I would say the next pull back to the EMA 55 is a buy the only concerning thing is OBV the volume is not following this asset.
AR as many other coins is consolidating for a nice move in 1D chart. SQ is showing momentum as long this coin holds the yellow box we will see a nice bounce
ARPA after the correction fired buy signal I a expecting a bounce this week (happening now) Mid-term for this asset is bullish 1D chart
After Solana tested 200 area. Now fired a buy signal in 1D chart this week I am expecting other test to the previous high. Weekly is not good this coins is not holding just for trading. after that I am expecting a pull back.
Bitcoin has never been in a bear market in monthly chart. All the correction we saw it was a weekly correction(bear market) in monthly they were just a correction. The trend is your friend and as long BTC is above EMA 55 in monthly (closing monthly candles above there) we can speculate higher prices in the incoming years . Based on my own count using EW( I...