benG11
higher high with a lower low on the kdj, mac d, rsi.
I present to you the infamous Wyckoff Accumulation. lol cope.
long term resistance turning into major support at 40$, anything below that is a steal. macD looks cooled off and ready for a rally. Godspeed.
Huge weakness on the btc.d chart, looking for a last wave C. Dxy also looks bearish, in conjunction looks like an impending alt-season.
a clear bearish divergence on the MacD and the RSI. over extended on all time frames, needs a catalyst or time (1-2wks) to start crashing down. Godspeed.
- rsi, kdj , MACD looked bottomed out - volume should be coming in around these levels for refueling - weekly and monthly still bullish
- increasing volume = increasing demand - KDJ curving upwards - RSI increasing - Lots of space for growth - fib extension 250$
algo is in a descending triangle although bullish news surrounding it. fib = as long as we maintain the .618 or the .702 we good rsi - indecisive but most likely heading down kdj & macD = weakness most likely there will be a shake out from now to dec then on our way to our last leg up/ alt season. Godspeed.
btc will rally from now until November December then the last alt season will commence.
if we can hold this trend line, we could start heading toward the upside. rsi and kdj looks very cooled off. volume neeeeeds to come in to start seeing a nice reversal. Godspeed.
During this Bull-run we've seen multiple cryptocurrencies reach new ATH's. Although XRP has seen an increase of about 350% on the year, it has not come close to a new ATH. The smaller timeframes of 1H-8H are showing signs of a possible retrace to about .88 -.97 cents . The Weekly time frame still shows some bearish sentiment but if we reduce the timeframes to...
I hate to be the person to say "well it all depends on bitcoin" but in reality bitcoin dominates the crypto space by over 40%. So we have to see what btc does. on the lower time frames(1H-4H) I still remain adamant that we need to see a final retrace to the .618 Fib extension. Although its okay if we dont. We seem to be trading in a downwards channel in...
MACD - the lower time frames are about to print red histograms volume - showing selling pressure Rsi - still indecisive but showing signs of weakness kdj - ready to make a big gulp towards the down side bb - top has been hit and no sign of breakout Godspeed
stochastic and rsi still has room towards the downside. whats 10% more lol? MacD still printing bright red hot Cheetos. fill bags around 36k and change to avoid psychological levels. we can see a bounce towards 42-44k, anything higher than 47 will invalidate the move towards the downside.
Hello algofrens MACD: still needs to print a couple more red histograms stochastic RSI : still has room to bottom out RSI : still has room to bottom out Fib - broke through the .618 so looking for a wick down to the .702 retracement level this is all dependent on the price action of BTC, which still seems like it has a bit of room towards the downside. Godspeed
As explained before in previous charts I have posted, we see about the same set up 4 times in the past 1-2 years. We also see the 30MA getting closer to the price, but who knows, The whole Accelerated vesting might just be a FUD. I still have a small position, but looking to buy the dip. if the dip doesn't come thats okay too. Godspeed
Hello Frens, Daily timeframe: MacD, RSI, and Stochastic RSI are showing signs of a short term reversal towards the upside. With proper buying volume we can see a run towards 50-52k if not then, we will see more sideways movement. Weekly timeframe: Rsi and stochastic RSI are in oversold areas looking for some downward movement. MacD showing signs of...