is possible a touch to 7200 area before rising
RSI 50% support MACD positive momentum Stochastic RSI looking good
Type A divergence on RSI and MACD I use the lines to take profits or buy more
Bottom of the channel Rsi Looking to cross the 50% line MACD Divergence Looks like XRP will make a move to the upside soon
The red line served as resistance and support in the past As well XRPUSD Longs going up from the bottom of the channel
As we can see we are in a critical point on the RSI And many indicators are overheated Bitcoin will drop very soon with that head and shoulder formation on the smaller time frame XRP looks like a better deal for now
Waiting to see ETH at 215 / 200 USD getting support
falling wedge in price falling wedge in the indicators oversold zcash/usd triangle... 30-100 % rise in the coming weeks
possible diamond formation with 13-15 % rise
Looking at the chart we can draw a line from the all times high to the 6k brake down. This line will act as strong resistance for the actual price, and maybe one of the most important one! If we can get one more bull candle to push the price a little higher, that will be awesome for Bitcoin
As the candles tells us, we have the 3800 level serving as support If the chart will confirm the bullflag we will probably see the price moving above 4000
Looks like is getting squeezed by the resistances. with the support we can clearly see forming a triangle witch will brake soon it can go to the downside testing 3500 or maybe lower, but if is gonna be to the upside it will be masive!
Let's say this is a falling wedge and the price just topped at the resistance level, probably the price will go in the 3500 $ area before braking out of this formation.
Cardano ready to brake out of the triangle, according to the head and shoulders formation, the price is gonna fall for a short period
In the next 24 hours we will see Bitcoin braking out of the triangle. If the price will increase it will give us a beautiful head and shoulder pattern and I expect the price to go above 5500$
I see a bearish divergence on the 4h chart witch means bitcoin will retrace a little bit. We have the 61% fib level matching with the support of the left shoulder. if we can get this head and shoulder formation probably the price will go above 5500 $
On the weekly time frame we can see ETH/BTC holding the support area braking out of the triangle In the RSI and Stoch RSI looks like we are getting a bullish cross! It will not surprise me if this is the beginning of a new rally Many Altcoins are in the point of braking out in the next couple of weeks. The Erc20 tokens will push Ethereum up , is a synergy in the...
maybe it will be a small correction before rising again