RSI_Trading_Concepts

RSI_Trading_Concepts

The Chainlink head-and-shoulders pattern is preparing to target an area of 11-12. The entire market is aiming for levels seen before the election.

RSI_Trading_Concepts

A spot purchase for DOT holds value for long-term holders here. The 89 SMA (Blue) and 377 SMA (Red) converge soon, while the 34 SMA is the Black MA). The price may go lower, but I see value here for long-term holders. It is hard to predict what the market will do.

RSI_Trading_Concepts

MSTR Bear Flag has tested broken support, with a projected target in the low $200 range.

RSI_Trading_Concepts Updated 

The ALGO price target is projected to be in the range of approximately .13 .16. I derive this from the breakdown area to the high point, resulting in a measured move that aligns with other crypto retracements having measured H&S targets. Everything will revert to their pre-election levels, implying that Bitcoin will reach 73-76K. This is using a 4hour chart so...

RSI_Trading_Concepts

Bitcoin is exhibiting a bearish divergence, with a lower high appearing to be established on the 4hr. The target remains at 73-76k if it falls below the 90k region.

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.