Hello guys, I see two bearish divergences on volume and CCI in daily timeframe . The resistance is not broken yet, and RSI is overbought. This could pull back to 0.00048 sat and as low as 0.00046 sat.
Bearish pennant along side with low volume and small green candles are signs of weakness and exhaustion in XBTUSD. A cool down to $9600 (61.8% fib and strong resistance) would give the strength to retest $9900 again.
Opened a short position at 220 sat. Strong resistance here. Divergence at 2h. 2 possibilities are shown at the chart. Targets 211 sat and 202 sat.
Looking at EOSBTC long-term chart, 5k sat has always been a critical point, acting as both support and resistance lines. 2 possible scenarios for EOSH20 are shown in the chart. In any case a pull back from 5000 sat is inevitable, a good risk/reward ratio to open a sell position there.
Ripple has broken the downtrend and like other top altcoins is ready to continue surging, but needs to cool down first to be able to break the 2950-3000 sat resistance. RSI is also above 70 which shows sellers should step in and take the price down temporarily. A small correction to 2865 sat or 2800 sat and touching the short-term trendline(s) is expected. Once...
Bulls have successfully held the 600 sat support line. A similar pattern has happened a few days ago with 570 sat support line. Gonna retest 629 sat, if it's broken next stops would be 645 sat and 665 sat. Ideally we'll reach 700 sat which is a huge resistance and a correction is expected.