Based on Weekly Chart, there is a crucial Support at 29245 which makes its more difficult to more downside movement until unless a bad news comes in the market . the major sell off period with good volume has been done during last week and the closing of the last week candle is above the support indicate that bull is resisting the bear rally now while if...
#ETHUSDT Rally from 14 March until 28 March cannot be sustain after the next week candlestick close with Bearish Harami and followed by 4 week consecutive with bearish candle. ETH also fail to breakout its major trendline and trading above it and rejected by the trendline. Based on MACD, we also can say that movement will continue bearish as the death cross...
#BTCUSDT Based on weekly chart, we can see BTC still in sideway phase. It fails to form new higher high and just create a lower high. Even though we see positive news about BTC (Gucci to accept Bitcoin for in-store payment and also news from Goldman Sachs), but from the chart, MAYBE we can see smart money is accumulating at price around 35K-40K. In order to push...
1. ETH on daily timeframe showing weakness, break down the uptrend channel. 2. But, as long ETH stay above 3100, uptrend still intact, as it now break the previous lower high. 3. If we use oscillator indicator (Stochastic RSI), we can see bearish divergence. 4. Can wait ETH to climb above dynamic trendline using Top Scalping Indicator with trend and S&R for...
1. BTC likely in accumulation phase, forming a symetrical triangle. 2. Candlestick become more tight in triangle with volume is decreasing, that shows the volatility also decreasing. 3. BTC need to push higher to break the descending trendline to move higher and create another higher high. 4. As long BTC is trading inside the box, we can can use range trading...
1. Weekly timeframe show ETH still in uptrend, form higher high and higher low as well. 2. But, be careful with the double top that maybe show bearish reversal chart pattern, neckline around 2900-2300. 3. Weekly candlestick also not looking good, with the bearish candlestick, confirmation can be made with volume. 4. For scalper, either bearish or bullish you can...