Two massive red volume candles we see are both declining in height and represent a strong rejection of the break attempt below support. That support level was established Q4 of last year's bull run, btw. It is still showing strength, and the RSI/declining sell volume w a lower low gives me belief we still hold, and continue ranging. I'll go short if we break...
Just broke out of the ichi cloud, currently hanging around the 50% fib of the entire breakout it's had. Given general bearish sentiment in crypto market, think a dive towards 61.8 level is likely.
Not perfect bearish divergence, but volume is declining and we do have heavy resistance around the $9K area. Stoch RSI is climbing above 80 and on declining volume + resistance, wouldn't be surprised to see a completion of the adam and eve bottom here before launching back into bull market end of this month and early march. Setting my buys on the lower red line,...
currently in a falling wedge. would like to see us break out of it, but still wouldn't be surprised to see further retracement after that. The cloud is now providing resistance on the daily. Two clear support lines still in tact from bull runs started in July 2017. Look for bounces to maintain current bull trend. Fib extension of those bull trends puts us at...