From the looks of it, we crossed a major threshold.. This centerline that follows an uptrend dating back to Oct 2013 (at least) has been broken. We just arrived on MARS and it looks like Bitcoin is headed there too. $150,000 at the very least appears to be programmed. The STOCHASTIC RSI is showing a strong bounce back coupled with healthy support, my previous...
Am I using this pitchfork correctly? What I'm seeing on the lower time frames for DOGE is what I believe they call, "be***sh divergence" I believe. (I shudder at the unspeakable word). Lower highs on the volume on an uptrend. There was a flip on the 13/34 moving average (not enough indicators) so right now it's BUY BUY BUY DOGE! We remain in this green...
ETHEREUM has been on a tear lately just ripping past ATHs On a linear scale, the chop ETH saw back in Sept 2020 looks very much like the phase every altcoin is currently in, and I believe will continue to be in, until first few weeks of March when most will begin to take off. LITECOIN seems to be halfway there following the trail set by ETH and DOGE who also...
I'm looking at a larger trend line going back to Sept 2017. It appears that we have finally broken thru and are en route to all-time highs. Overall healthy volume in spite of the random spikes. The MACD showing it's getting ready to do the flippy thin which is normal. I think we see this consolidate from here down to $200 for another week or so, but I expect...
Another possible scenario I charted out goes a little something like this: Following decreasing volume as well as lower highs on the RSI and what appears to be a maxed out MACD we can safely assume there is going to be some slight corrections here until we can definitively establish 40k. If by March we close below 40k, we might ride it down to 30k. If we...
Am I doing this correctly? (my first post) Following a trend line from 2015 we can see a "resistance" just below 50k, I would like to see just a bit more consolidation here before breaking past that mark. From what I'm looking at on the weekly chart, declining volume across the board as well as lower highs on the RSI and a cross-over on the MACD. Touching the...