Keypoints:
To my previous chart about $BTCUSDT I've discussed that it testing its resistance and a possibility of rejection and that is our topic on this chart.
1. From the swing low to swing I drew the fib retracement and it shows how the price really touch and test the fib levels.
2. Test the resistance from the support of the prior candlesticks (9485...
Keypoitns:
1. Touch the resistance and now going for its support at 4666(violet line)
2. If this support can't hold then its aiming for its support on the red line
3.If it bounce expect a good graph right there buddies.
4. OBV still on uptrend and still retesting its resistance.
Comment anything if there's any wrong or improvements for my graph.
Keypoints:
1. Forms Ascending triangle and still testing its resistance at 1300 price
2. Perfect touches to fib supports
3. OBV still on up trend
4. Watch for a breakout at 1300 resistance, if rejected it is expected to touch the support at.786 fib
Grab it before anyone else :)
Keypoints:
1.Price breaks below the descending triangle
2.Touch the blue line support which signifies a trend line
3.If it follows the blue trendline it is expected to touch the blue resistance;
4. If the support at 7401 price will become the resistance and will reject it, $XEM is expected to touch the next support at 2 fib. (Red Line)
Please comment if I put...
Keypoints:
1. Break the triangle on 4hr timeframe
2. Test the resistance at 9200 price which is the support of the prior candles
3. Rejected and now aiming for 7500 to 7900 support to test again the resistance
(Note that alts are greatly affected by these movements)
Keypoints:
1. Break the continuation pennant below - sign of a reversal
2. Still on the descending triangle testing the support at 600
3. Support turns into resistance after the dump of $BTC (Lightblue line)
4. RSI makes a bearish divergence - sign of reversal
5. Target support at the blue box if it cannot hold.
Keypoints:
1. Smoothly bounce on its support line within the falling wedge (Lightbue line)
2. RSI showing bullish divergence which means of strong reversal (yellow line)
3. If it cannot hold, expected to bounce on its support on the support range (blue rectangle)
Keypoints:
1. Break the descending triangle below that a sign of reversal but it only happens because of the sudden dump of BTC
2. However, looking good on the falling wedge touching its support after the dump.
3. Supported by the rsi recovering from oversold area.
Let's see if it will perfectly touch its resistance and build a good position for many traders.
