A number of indicators suggest that it may be worth buying the bottom in this potential phase of market reaccumulation. (Hash Ribbons, Mason, ISPD, altcoin dominance...) I'm trying this move on the eth with a tight stop. Potential entry in 4 stages. First entry price at $1824. The aim is to take out 50% of the buy position on a 3% rise in the asset and let the...
I anticipate increased volatility in cryptocurrencies over the next week. ETH/USD appears to be mirroring a pattern observed a few weeks ago. This similarity can be spotted in the RSI and the 'Investor Satisfaction & Price Divergence' tool. The current trend looks corrective. I'll hold off on taking spot swing positions on ETH/USD until I see a departure from the...
An interesting pattern has been forming in the LINK/USD chart – the ABC pattern. As we approach the end of wave C, it's important to pay attention to potential buy setups. As long as we don't break below the $5.90 level, it may be a good opportunity to look for buy setups. The Investor Satisfaction & Price Divergence indicator also reveals a significant...