I think we see a relief bounce on DXY short term. Let's see how this affects markets.
Looking to see some a relief bounce eventually on the DXY as there is bullish divergence on 1H. Let's see how this affects the rest of markets.
RSI is severely oversold on the 4HR. Last time it was this oversold, it bounced from 22k sats to 29k. Currently hovering on the bottom band of the bollinger. RSI is pointing UP! I expect to see a bounce REAL soon and hopefully, we see a reversal here. It's also seemingly respecting the past falling wedge trendline. THIS IS NOT FINANCIAL ADVICE. DYOR!
STOCH RSI is fully reset on the 4HR. RSI on 4HR is pointing upwards. Should see uptrend with bollinger bands labeled as potential targets. THIS IS NOT FINANCIAL ADVICE!
Chart says it all.... Look for a breakout tomorrow or during the coinburn (15th). Happy trading! Disclaimer: This is not financial advice.
So last night, it broke out of my bullish pennant and broke 500s. If we can break this zone, there is clearly little to no resistance above. Expecting maybe a slight pull back like usual and then, MOON BABY.
Bullish pennant and stoch RSI reset on the 4HR. $IOST looking to make a move here with the news coming up and binance competition, stay tuned.
Watch out to see if these zones hold or break to determine bullish or bearish trends. I believe the 320 range will hold but we also have to watch out to see bitcoin takes a dump on us. Cheers, happy trading. This is not financial advice.
If we break this channel, be prepared to panic just a little bit....
Who knows... we need some more volume and hopefully btc doesn't take a shit on us. Target 350 / 400 / 500 / 600 Happy trading