hello folks , as you can see in the chart, we are inside this blue symmetrical triangle, getting closer to the apex , with decreasing volume, I expect to se the brake soon. it is a continuation pattern, so we have the major % to see it broke to the upside, but we have to consider that the btc is leading the cryptospace, so I would expect to see a breaking up,...
Hello everybody we are clearly inside this symmetrical triangle which is in turn in an ascending channel highlighted in white, the breaking of this triangle if supported by volumes could easily put us on $ 66,600 here is where I place my take profit while waiting for break the channel for further entry. (buy order at 60100 (must be VOLUME)) RSI in the higher...
Hello everybody This analysis is based with the help of some more important indicators and the fibonacci retracement by watching and studying different timeframes from 1w to 1h for a convincing reversal btc must close above the orange box in the daily timeframe. the red zone is were I think there's no support at all and so an hight % of short success I...
4h - ema 20 crossing ema 100 - ema ribbon reversing bearish
follow the arrows it is all in the graphic in my opinion we must see weekly rsi under 70 before new ath.
on the weekly timeframe be aware ! bearish divergence on RSI
Considerations: On the 4h we are looking bearish as long as we are standing under the ribbon. the scenario could be the death cat: big dump from the top and then pull back to the 0.5 fibo retracement that we have done, that's is the reason why I expect to dump lower. the most part of the buyer are waiting the 42000$ where we could have enough buy pressure to...
where do you thinck we are?
on the weekly timeframe we can see xlm trying to break out of the triangle if this confirm, it is a massive potential up for xlm against btc
We could possible be in 2 different kind of pattern: a bullish one, and this is the case of a FALLING WADGE (you can see in light blue), you can even considerate it as a bull pennant, or a bearish one, and this is the case of a DESCENDING TRIANGLE if you se the S1 as a support of the triangle. In any case they can possibly be broken up or down, so in the chart...
ethereum has already broken the fib 0.38 level looking at the daily we ca see a bearish divergence and a hidden bullish divergence on RSI. we need to see the confirmation of the inverse head and shoulders pattern (or ad least the ascending wedge), adx is going to indicate force , the next level will be the 0.5 fibonacci level at approximately 830$ I'll buy up to...
Is this pattern forming in the 4h? we need to see volume coming in we have already broken a symmetrical triangle, but with not sufficent volume.
we are in a rising wedge, witch is a bearish pattern, we have a bearish divergence in RSI, but the medium and long term trend is extremely bullish i have signed out the major support to watch in the short term. I think that 14300$ is the most important key.
the breack out of this little one will trigger the preveius brack out pattern 4h
are we steel in this ascending triangle? I have placed a buy order up to 16200$ s.l 15400$. wanna see volume coming in at the real breack out.
wee need volume to broke 16k come on Bull watch out for 14800$ and 14300$ is the door to the down
will this broke up or down? it is a bullish pattern , but the top candle we have seen in 9/11/20 could just be a fake , so in that case we are in a asymmetrical triangle I want to see 16000$ been broken with a lot of volume to place my long position. for the short my suggestion is to wait the 14300$. 12500% could be a good target.
Crossing the ma 50/d will be a massive signal of a reversal crossdown macd it's just append.. the channel is broken.. let's see...