Bottoms. Nice long MA downward slopes recently, just what you want to see. Cant really argue on this one from a TA perspective for a buy. With BTC on a downward short term, could get worse, but its not a turd project and one of those that might rally like it did before, or at least a more optimistic gain from here. Like the 20 MA, just upturning and price...
Love the erect RSI trend and so much to like TA wise. Curving in the despair zone, off you go.
Sure, we can breach that white line. But historically its a quick and rewarding recovery. Into decent deep retrace levels on recent fibs. Keep it simple. TA perverts, draw multiple descending wedges as i have done and its GOAT territory. DNT in same family and looking reasonable as well. These things pop big time is the point.
Adam and eve kind of double bottom, at good fib retracements new and old. Round 1 worked, round 2 might as well. Like this a lot and had a punt, with more to come if it dips into deep red. Nice and simple but again, lots to like here. Could go completely bananas and smash the previous high and chuck out an upward parallel channel, wedge etc. Ocsillators all...
Well worth a look here if you trust in fibs. Its either defi/alts completely go for it, or BTC takes the reigns (again) and shows its girth, just like it always does. There is a school of thought that says, apps/defi etc have overtaken the simplicity of BTC and now its proper real use case. Or is it? Over sold , rsi and macd look great, a deffo chin scratch point...
Great company, partnerships will only grow and central to the crypto space etc. Early apple. 200 MA on this one usually means bargains and whilst the revenues were down, whose wasnt? Sure its had a good run and perhaps 618 deeper retraces. But long term, 1-2 yrs this ones on sale. Here is catching knife territory, but like the candle and maybe a 38.2 golden...
Lots to suggest a drop to 70k-100. Flagged as neutral because its upside down. But its long here (upside down short). Good to look at charts upside down. The 50MA is the whip here and every reason to look at the 20/50MA for next few weeks. The downward wedge often fails (bulkowski) and expect breaches of the lower side. Wycoff works here as well for a sharp...
Out of long term wedge, reclaiming MAs, below them, Daily chart, Wycoff accumultaion pattern looks like. 3 rising valleys. Oscillators ok but no divergance, maybe hidden on 4 hr, but daily show here. Not a lot to dislike here. Reminds me of Ziliqa late nov.
Lots of stuff to like here. Daily chart. Long term.. Posted on reddit a couplke of days ago. Inverse head and shoulders. Rejection of long term big support both horizontal and ascending. Just what you want to see, especially with BTC chuckling out ATH daily. Below all daily 200/50/20 MAs at support and now challenging them. 1400 MA represents weekly 200MA which...
As described really. One for the dungeon buyers. Cant see too much risk here and fundamentals are fine. TA wise, well as described :).
The BTC pair pumps seem to be flowing in , so why not one that hasnt gone yet with a decent reputation. All depends on BTC, but sideways might be good here around 18-19k.
Wycoff + Harmonic+. could go 500-600 high pip. But BTC looks exhausted at 16.5 and likely to be at ath and thus a further pip above, before some wreckage imho. Dec 17th -31st is where i call top,, if this isnt it already... Im 100% in fiat after a nice year in crypto. So biased. But a worthy chuck in from a TA perspective. Timeline on both wycoff and harmonics...
Ratio trading is asking for trouble. But will consider flipping some corn into this if 200d MA hits. The oscillators look fine for further bullish signals and looking good now tbh, just a watch and wait here... and good DCA flip time i think in coming days weeks potentially. Stop loss is there because its where previous support is and below 618 and break that,...