The EOY cyclical god returns.
Good company with shitty products. But ay, they make money. Likely a good entry for long term hold.
Aiming for the weekly neckline on ETHUSD. I think the bottom's in, but be careful where you enter.
A massive gap to 1.440 has been left unfilled from the Brexit vote. And while the fill does not necessarily have to occur, the R/R for it is really good after the current sweep of the daily lows.
Looking for the next weekly close above 3900 or under 3800 for a confirmed breakout off of the current Daily/12H squeeze.
OTE Zone from the $41 push up. Hidden bullish divergence -0.83% on RSI into the historically oversold area. High confluence orderblock.
Topping level on 6H RSI on a high confluence area.
LTC's volatility has been gradually decreasing since the mid 2015 pump and is now really close to all time lows as seen on ATR%. I don't expect the incoming move to take as long as the previous ones (given that we're already close to all time low volatility), but I found it interesting that the low points on ATR lined up date wise.
Top of the Monthly Bearish Orderblock and Daily bearish divergence on RSI. Could potentially be a bigger short then the one in the setup if the OB was to get rejected. Time will tell.
Rejection of the daily orderblock. 4H bullish divergence on RSI. Setup on chart.
GoPro has been diving into the depths of the chart, doing price discovery and trying to find a bottom; but we can see the market has been buying these dips, as illustrated by the MACD and RSI bullish divs. Taking the long trade here is really good in terms Risk/Reward but gambly in the sense that there's no bottom put in just yet.