Head & Shoulders supported Chuvashov Fork being printed on BTCUSD chart. Confirmation upon Neckline break and retest. Targets: 25,3k (0.5 retracement) and 24k (0.618 retracement).
it looks like RSI on weekly BTC chart is gearing up for final stages of this bear market: - giant falling wedge - no breakout just yet; - bullish RSI divergence formed - this should push price upwards short term... but I do, however expect final capitulation push effectively forming double double divergence; I would speculate that we will have a push up to 19,5k...
TWT - one of Binance's native coins. well this needs no explanation really. Giant ascending triangle on weekly chart. more likely than not - it will rip upwards in coming weeks.
basic setup here dowtrend break (expect a retest) supported by bullish RSI divergence. Fundamentally solid new project, so there's good potential to go a lot higher.
- downtrend break; - ascending triangle formed; - riding 1D MA100 what's not to like..? :)
basic setup here - ascending triangle brreakout expected.
for enterntainment purposes only.. just backtesting some trendlines on DOT / USD pair.
How would you feel about that ? Massive double RSI divergence supported Chuvashov fork.
after being stopped out on previous CIRUS trade, this is now looking like a good opportunity to jump back in. waiting for a daily close to see we can get a clean bullish RSI divergence.
Another Kucoin gem printing lovely setup. downtrend broken with PA coiling up into ascending triangle. I expect a breakout with retest and solid shot upwards from there in coming days.
while we're still in a bull market, daily RSI divergencies were highly reliable to predict retracements, and we have one here. Paired with bearish C-fork, I would expect BTC to potentially try and test 70k and then come back to 55k at the very least.
patiently buying dips and waiting for triangle break upwards + retest. not much chart to work with, but this one seems pretty straightforward.
HAKA tinycap on Kucoin (officially backed by Kucoin, so that's a plus on FA side). while not too much chart to work with, recent dump was bought up very quickly, suggesting that bears are running out of steam. I would simply wait for downtrend break/retest and enjoy the ride from there :)
USD chart seems to pretty straightforward: downtrend soon to be broken (also supported by small bullish RSI divergence on 1D). Best course of action in my opinion > wait for the downtrend to be broken, buy the retest and let it run ;) P.S. Interestingly there's a downtren on daily RSI as well, a break there would also be a strong bullish indicator.
Bullish Chuvashov fork on daily BTC chart supported by bullish RSI divergence with fib-based target of $46500. Yesterday's downtrend break failed, so I expect bulls to regroup and have another go. really looking for RSI downtrend to be broken, that's when the party starts.
here's a speculation on Litecoin's bright future :) Looking back at the last cycle. Weekly bearish RSI divergence resulted a massive wick (65% retracement) down followed by 11x rally. Yesterday's crash followed weekly RSI bear div and wicked down 65% and retested previous top at $140. We still need to see how the weekly candle will close, but this looks...