In the Mid Term group of TFs (1d, 2d, 3d, 4d) The Green MA is higher than the Energy in all TFs, The Red RSI is significantly above 50. We know that when the Red RSI has closed above 50 we are unlikely to see a reversal to downward pressure until the Energy falls below 50. Currently Energy in the 4d is at 67. However because of how high the Red RSI and the Green...
Looking at the short term TFs in the 6h & 12h the Energy is higher than the Green MA, as a result, we could potentially see a lower low in the 6h, and as the Red RSI has closed below 50 and has closed while making contact with the Green as the Green falls, we have a good chance of the price action going down to the Aqua/Orange Bollinger Bands in the 6h. In the...
The Green MA is higher than the Energy in all the near term group of timeframes and the Red RSI has made contact with the Green as it rises in the 1d, 2d & 3d indicating bullish sentiment. The Red RSI is also above 50 in this group of TFs. In the 4d the Red RSI has made contact with the Green MA as it falls which is bearish for that timeframe. We can see that the...
We are still experiencing downward pressure. We are currently in a "Race" between the Energy in the 1d & the Red RSI in the 2d. In order to see a possibility of a reversal of upward pressure, the Energy in the 1d needs to close above 50 before the Red RSI in the 2d crosses below 50. Near Term TF Group. In this TF group we can see that in the 1d & 2d the Green is...
Just a quick one - Green MA is higher than the Energy in these TFs which indicates bullish sentiment. Looking very bullish in these TFs Marking Long - will revisit when I get a chance...
I have marked this long on the basis of what I see in the short term, however there is currently potential for downward pressure against the BTC pair in the Mid Term TFs As the Red RSI has closed in the 45 minute below 50 we are now in a race between the Energy in the 45 and the Red RSI in the 90. The Energy in the 45 needs to close above 50 before the Red RSI in...
Just to point out, we are currently in a race between the Energy in the 3d & the Red RSI in the 4d. The Energy in the 3d needs to close above 50 before the Red RSI in the 4d crosses below 50. If this happens we have a chance for reversal to sustained upward pressure. Trade safe aBL
Further to my update on previous analysis this morning - see link. I had originally marked my previous analysis as Neutral. I have decided to do a new publication so that I can mark it Long based on what I can see in the indicators. Green is above Energy in 90m, 3h, 6h & almost level in the 12h. The Red RSI is above 50 in all these TF's meaning we are likely to...
Near Term group of TF's (1d, 2d, 3d, 4d) Daily White Energy won the "Race" against Red RSI in 2d. In other words the Energy in the 1d closed above 50 before the Red RSI in the 2d crossed below 50. In the 2d, 3d & 4d the Red RSI is above 50. Although we are currently still experiencing downward pressure, the Green MA is higher than the White Energy in the 2d, 3d &...
Near term group of TF's (1d, 2d, 3d & 4d). Daily - The Green MA is higher than the White Energy which is a good sign. The White Energy has fallen bellow 50 indicating downward pressure, however if we look at the 2d the Green MA and White Energy are close and the Green MA came up strong with the Energy. The Red RSI has closed above 56 indicating that we should see...
In our short term group of TF's we can clearly see significant upward pressure as indicated by the fact that the Green MA being higher than the White Energy. The Red RSI & Blue LSMA are also significantly above 50 and have closed such in this group of TF's - this is clearly reflected by current price action. But where will Dash go from here? Looking at the near...
Just a brief update for ZILBTC. In the short term group of timeframes - (90m, 3H, 6H, 12H) we can start to see some bullish signs. In the 90m the Red RSI closed above 56. The Red RSI & the Blue LSMA have made contact with the Green while the Green rises also the Green has risen strongly with the White Energy, which is all bullish, though we are still in a low...
Just a very quick look at this pair. I will provide a more detailed analysis later. I am looking at pairs at the moment that look to have a good chance at outperforming BTC DGB is showing good early signs for potential. Already looking bullish in short term timeframes. Will update later. This is my opinion and not financial advice.
There is good potential here against BTC at this price. I am marking this post for watch list as Neutral for now. I will update once clear signals develop Happy trading
Just a quick update. Referring back to my observation in my first publication of this series, I stated that I expected that, in the 6d timeframe that the Green MA was likely to go out to the side allowing the White Energy to fall below. This happened and the Green MA is higher than the White Energy in this timeframe. This timeframe has as a result turned bullish,...
In this update I'm looking at the 8 day timeframe only. This update is to demonstrate the possibility of upward pressure continuing at least into the first week of January. First of all we note in this timeframe that both the Red RSI & the Blue LSMA made contact with the Green MA while it was rising. This is a bullish sign. Although the White Energy is currently...
Further to previous publications As you can see, the Green MA is now higher than the White Energy in this set of timeframes 1d, 2d, 3d, 4d. This is a bullish sign. Furthermore in the 4d we can see that the White Energy has turned up with the Green moving strongly above. As predicted, the price action has already wicked above the upper red Bollinger...
Further to my last comment that ZILUSD upward pressure would continue at least until Christmas. Looking at this 6 day chart of ZILBTC I have placed a vertical timeline on May 24th. You can see a virtually identical scenario with the indicators as present day. We can see that the Green MA is about to move out to the side allowing the White Energy to fall below...