awaise171

awaise171

TREND: ====== TLs 1: Broke below the UPC01012022 TLs 2: N/A EMAs: Broke below 100EMA. Good enough distance with the 50EMA. This usually indicates as relief rally. MACD: Created a LH with bearish cross. Still have not broken below the previous low. If we get a green week, this will be possibly a DB. A very strong reversal pattern MACD DIVERGENCE: Bullish hidden...

awaise171

TREND: === TLs 1: BTC broke downward from the price channel UPC03042022. Failed to do a bearish retest and got a nice bounce from blue channel, closing it back inside the UPC03042022 TLs 2: N/A EMAs: Pointing downwards, acting as dynamic resistance, opening around S, which usually indicates that it will eventually break the support MACD: Still needs to create...

awaise171 Updated 

APE coin is forming a textbook cup and handle price pattern on 1h. Stoch and OBV have crossed bullish as well with MACD losing momentum of the downside. I am also seeing a DB created around 50EMA Entry: 16.3759 Stop: 15.85

awaise171

There is nothing new on the 1D chart of BTC from yesterday. We are still waiting for a bounce to have bullish conformations. However, BTC on 4h has thrown a nice triple bottom around local support with several indicators indicating bullish crossovers. This favors the upside move more than the downward move. If you want a detailed overview of what is happening...

awaise171 Updated 

Hi Guys! I am planning to start a thread where I would share my analysis of BTC 1D TF with important price actions of LTFs like 1-4h. This is going to be the first post of the many more to come. I consider the following items while making my trading decisions using several indicators: Trend (Trendlines, EMAs, MACD) Overbought/Oversold (RSI, Stoch) Volume...

awaise171

The price is currently round major weekly VA which has pushed price up many times in the past. Close to have a bullish cross and created a DB (Double Bottom). It also is showing initial signs of bullish diversion. You can DVA between 42-45. Stop loss 41.5