RSI_Trading_Concepts

RSI_Trading_Concepts

If Bitcoin loses the 90K region there will be a measured move to 73-76k area. I get this from the high to the support area which places BTC at 73k area. This aligns with several Altcoins that have measured moves back to pre-election. This makes total sense to me that the market will revert to pre-election for a major fake-out.

RSI_Trading_Concepts

XRP closed below the higher low but has yet to confirm closing at the low of the higher low. Once that is done, the price target will be $1.00.

RSI_Trading_Concepts

Price target around $27 area, give or take, after testing breakdown area with dead bounce.

RSI_Trading_Concepts

Tezos price target ranges from the high $0.70s to the low $0.80s.

RSI_Trading_Concepts

ALGO experienced a dead cat bounce back to the .35-.37 area and is expected to test the 22-.25 area before rising again.

RSI_Trading_Concepts

The Avalanche Double pattern is being confirmed today with a target of 31-33 for AVAX.

RSI_Trading_Concepts

Cardano Head and Shoulders target of 0.53-0.62 on the daily timeframe is being confirmed today.

RSI_Trading_Concepts

In the recent analysis of futures on the daily timeframe, a technical pattern known as the "3 Drives of Divergence" has been confirmed, signaling a potential trend reversal. This pattern, often associated with strong bearish momentum, has been observed with a divergence in the Relative Strength Index (RSI), further supporting the bearish outlook. RSI...

RSI_Trading_Concepts

Polkadot (DOT) might be experiencing a significant trend reversal on the 4-hour timeframe, as a classic Head and Shoulders pattern appears to be nearing confirmation. This pattern suggests that after a bullish trend, DOT could shift into a bearish trend, providing a strategic sell opportunity for traders.

RSI_Trading_Concepts

Algorand (ALGO) Weekly Analysis Algorand closed this week below the previous week's low, which to me signals a potential revisit to last week's lows. Here's the breakdown: Weekly Close: Below last week's low, suggesting bearish momentum. Price Action: ALGO has failed to maintain above the support level it briefly tested, indicating that sellers might still...

RSI_Trading_Concepts

Title: Algorand (ALGO/USD) 4-Hour Chart: Price Action Analysis and Key Structural Shifts Post: A thorough analysis of Algorand's 4-hour chart reveals a significant transformation in market sentiment, marked by key structural changes at pivotal price levels. Here's an in-depth exploration of the price action structure theory about this chart: Trend...

RSI_Trading_Concepts

Hidden Bull Div, New low on the 4hr RSI = RSI reset to make a new High. Bullish!!!

RSI_Trading_Concepts

Macro Breakout, with long time frames taking over. I'm pretty bullish, and Algrand's tech is some of the best out there! If we get a week closing .33, that's confirmation on the upside.

RSI_Trading_Concepts Updated 

Buying EURONEXT:ALGO has peaked through Macro resistance for the first time in a long time, and it is an awesome blockchain!

RSI_Trading_Concepts

I'll be watching Algorand over the next few weeks on the weekly chart. A weekly close above .30 would signal a .65 target. Go Algorand!

RSI_Trading_Concepts

Support/Resistance Quarter liquidity zones using RSI High/Low scheme. BTC is getting rejected from the 50 RSI level the period is set on 50 on this chart type. probably going back to 48K possible 42K region. Moving average is 91 and 365 SMA moving averages, and the R/S are set to 91 periods.

RSI_Trading_Concepts

Weekly BTC Close not a good week for BTC closed under the weeks low on a closed basis.

RSI_Trading_Concepts

Gold Head & Shoulders forming Target set.