Patient_Wolf

Patient_Wolf Updated 

We can see from the price action of DYDX that there is heavy rejections for the bulls. The chart shows that we have broken the current support around 20 dollars. There has been an attempt to bounce right back but bears seems to be in control all the time. We can also see from the chart that we are forming a bearish wedge, which tip is around 18.500 area. 18.500...

Patient_Wolf

We are now at all time highs but volume is consciously going down. Is this a ticking time b0mb? Or is this just something crypto does that does not make any sense. In other financial markets, this would be a very bearish signal. But for the past bull runs of BTC, volume is constantly getting lower and lower. Is this because of the scarcity of BTC? My brain just...

Patient_Wolf

XTZ looks like it has already started or is about to do a reversal of its down trend. It has been in a down trend since the start of October, but sign are showing up that it is about to reverse. As of the time of writing, the chart shows that it has broken above the trendline of a bearish wedge triangle. ( I hope the daily candle closes above the...

Patient_Wolf

Can you smell it?? Can you feel something is off? Most people are saying that BTC would go back down to 40k levels, tsk. But then I remembered the time when everyone was saying BTC is gonna go down to 20k; that didn't age well did it? Yeah I saw it too, bearish divergence on 4h time frame. But at the same time, did you see the bullish hidden divergence as well?...

Patient_Wolf

BTC shows a bearish divergence on the 4h timeframe. It is a possibility that we would test 55600 support before going up to test the ATH. If this support breaks then I see us going down to 50800 really fast.

Patient_Wolf

DATA looks like it is about to test 0.13~0.127 support. If these levels do not break, then I believe we should see a bounce to 0.15 Current price is around 0.7 fib level. Stoch and RSI are now lower than the previous low, which shows us DATA has a hidden divergence.