Quick update. HEX is traveling under 21 EMA (this EMA also sloping down-extreme bear} Next immediate target is BB daily LOWER line : 17,5-18,5cents . ~18c +/- is support, if that breaks hex is going to our long term DOWN target : 0,085 c. Conclusion:this is going down. Invalidation at 28c (daily and then weekly candle close)
ETH bad fundamentals (can`t scale ,high gas fees etc) finally meet price and went down to 3150usd .It was my second target (established back in mid November) Unlike BTC or HEX ,this thing is hard to trade .It is all over the place. And once again we get mixed signals: 1.daily candle under BB lower line ,signaling the begining of a STRONG bearish...
HEX shows double bearish divergence on 4hr and daily,and on smaller time frames triple bearish divergence (price with higher highs ,RSI & DMI lower highs) DMI 2h ,bear line is already above bull line with ADX completley reseted for a (bear) run 1hr ,2hr 21 EMA already sloping down : its not the sign of fit & health RSI on 2,3,4h already under 50 ,bears are in...
As things heating up and quite bearish i remembered a similar setup back in the summer of 2019 (see chart) ... 369 EMA is not a well knowed moving averge,yet the number is a fibo number and the moving averege itself works quite nice in case of BTC on all timeframes(some uses 377 ema) As you know we are in similar position today ,price is right on the 369 daily...
With 1. Bitmex funding rate deep into negative @daily 2.DMI had a huge sell spike without followtru...ADX just start to catchig and be over extended (40+) DMI bulls are knocking a low 10 mark @daily (usually a good accumulation sign. )This whole combo is usually a reversal (or at least a bottoming) sign 3.Bitcoin fear and greed index :21 Sure,these 3 indicators...
HEX did well ,breached our 0.24c SL . Our imediate next target was 0.28c (already reached yesterday) As we speak ,price is resting at daily BB upper line& REtesting the long term downsloping BLUE line .This happens when trend is STRONG + However ,the daily!! BEAR !! DMI is closing at 12 (under 10 is usually a strong REVERSAL sign-NOT good for the bulls) Where...
Hex /higher highs and higher lows. This is the INVERESE chart (lol) of course.Hex failed to close a day above .235 and has 3 hours to close the weekly above .235.Hex is seriously weak. Under 18c is the more safe way to play this but you can front run and short now (or take profit now) cuz we are looking a juicy 70+% SHORT .Final target 0.085c Conclusion: SHORT...
As I said in my last update 0.12cent was local bottom !then I called this pump to. As i said back then , 0.23cents will be a make or break price point. What does that mean? If price will close the daily and especially this weekly candle above 0.23c I think there`s a good chance price will retest at least .28cents. If price will roll over in the coming lets say...
EMA 21 sloping down on every timeframe while price also traveling under this critical EMA :bearish ! EMA 369 (some use 377 in the traditional markets) is holding price down on lower time frames:bearish AF! Daily BB ,price testing the lower band :bearish AF DMI bears are in full control on every time frame(above 25) with the ADX around 30 :theres plenty of room to...
Hex regained BB daily middle line...it is NEUTRAL as long as it keeps support 0.228cents...to start looking bullish ,price needs to retest and close above BB uppper line (which now traveling at 30c ish but closing down) DMI bears and bulls are "fighting" under the critical 25 with ADX line slopping downwards....that shows a clear loss of bear momentum ... In a big...
Daily 21 EMA is sloping down.HEX ready to retest BB lower band .DMI ADX is neutral bearish --->HEX bearish AF !but every sell under .18c is a buy ....whales are accumulateing under 18c .Buyers and sellers are fighting.Who will win, is everybody`s guess. HEX neutral :over .225c HEX bullish :over 29c on daily close. Downside targets ....nothing changed since my...
ETH first target identified couple of weeks ago(red line),reached :3500/usd// Second target(yellow line) :3100 FAct is,ETH gas price still high. ETH still overpriced ... Final target :sub 700 .. GL holding this.
BTC dipped 20+% in less then 1 hour. That`s shitcoin area right there . The biggest and most liquid coin dipped 20% in less then 1 hour !! Where are the liquidity /volume boyzzzz now ? Lets face it ,Saylor made the top while Grayscale made a nice distribution top back in May. This is a dead cat bounce on low volume to grab more liquidity. On the grand scheme,BTC...
2hr BB with 21 EMA middle line and DMI ADX also on 2hr were two good indicators in the past. HEX is under 21 EMA on every time frame .Furthermore, this EMA is sloping down ,indicating extreme weakness. DMI bears are gaing momentum with the ADX re-seted under 25 . Price had a good reaction at horizontal support 0.18c ,which is a MAJOR support.This support was...
BTC did new ATH with bearish diverengence on the DMI ...If history repeats itself ,we might have another push (probably to 70k)to grab that final liquidity on lower high @ dMI and we price could print triple bearish divergence. We had one back in May.Just like in May ,the ADX is also low ,signaling a strong move.We lost daily BB middle line ,that usually...
BTC did new ATH with bearish diverengence on the DMI ...IIf history repeats itself ,we might have another push (probably to 70k)to grab that final liquidity on lower high @ dMI ...thats called triple bearish divergence. We had one back in May.Just like in May ,the ADX is also low ,signaling a strong move.We lost daily BB middle line ,that usually indicates a...
Once again, 2hour BB middle line proved to be a resistance for HEX price .....HEX is breaking down, horizontal supports are at 0.1818cents !if that does not hold ,price could drop to 0.124cents!Theres also a quite major daily bear flag measurement, pointing towards 0.12-0.14cent area! The 2hour DMI is extremly warrying, with bears taking control and the ADX line...
Serious bearish divergence on 4h DMI also double divergence on daily. Bitcoin double top in? Yes.Game over.