Ignoring the casual 1k shift upwards, maybe we'll stop at 8k and continue rallying.
Seeing how well these S/R levels hold up. Two fib level ranges shown as well.
Thanks for stopping by. - resistance at inverted loop - spike down rejection - bent paperclip swing low - acute angle accumulation
Declining RSI, Bearish MACD, Contracting BB (12H+) Expanding BB(2/4H), 50 and 100 day MA slowing down (4H) 50 Crossing 100 (30M), Daily Cloud resistance and entering cloud on 1H-. 0.236 Fib below first arrow. Possible bounce to previous support, then downtrend to macro support, until we reach the main resistance. Then we could go to massive volume support (8900)...
1. Strong support from bottom, but decreasing volume 2. Cloud support, broke out from red cloud (4H+), supported by cloud (2H) 3. Possible MACD bearish cross, and bearish divergence 4. Bollinger band Expanding (4H+) 5. Slowly increasing RSI (2H+), 6. Potentially decreasing stochastic Possible small downtrend to strong support level @ ~490sat before a...
This is just a quick comparison. Version 1 out of 2. This is the option showing a short bear market. Related image with both side by side. i.imgur.com Version 2:
This is just a quick comparison. Version 2 out of 2. This is the option showing a long bear market. Related image with both side by side. i.imgur.com Version 1:
Most indicators are showing strong signs of consolidation preparing for a big move. VENBTC RSI/Stock is Very High on 1D, but since there is so little data, it doesn't necessarily mean it's oversold quite yet. The only notable bullish signal that I see is the 4 day cloud support. If it manages to sail in the cloud and break out, there's a good chance it'll go to...
There could be a nice Cup & Handle forming on LINK. It's a little messy. It's hard to say when when handle will start trending up, it could be right now at this 4H cloud support. If it bearishly crosses through, then most likely uptrend will be at .618 fib support or even at .382. 3MA lines are all coming together and trending down into the handle channel....
Finally recovering from a long downward slide, it appears that a slight retracement is coming after this recent rise. A cup and handle formation is looking likely. Fib Trend and previous resistance levels show support at 250sat. RSI divergence indicate possible retracement or consolidation period, but Bollinger Band expansion seems to indicate a retracement. Daily...
1. Possible Head & Shoulders 2. 3MA Contraction (1H-) likely bearish reversal, Bollinger contraction (2H-) preparing for shoulder expansion 3. RSI/Stoch/+, Neutral (2H-) > Uptrend (4H) > Extremely Overbought (Daily) 4. MACD downtrend and Bullish crossover for shoulder, signal & zero line cross (4H-), Large reversal and coming crossover (1D) 5. 2 Bearish...
1. Bull Pennant 2. 3MA Contraction (2H-), Bollinger contraction 3. RSI/Stoch/+, Overbought (1H) >Uptrend (4H) > Undersold (Daily) 4. MACD contraction and Bullish crossover, signal & zero line (4H-), possible bullish divergence 5. Cloud support (1D), Possible breakout through Red cloud 6. Volume contraction, buildup period Breakout is possible due to RSI/Stoch and...