


kishan889
Bitcoin cash has been forming a falling wedge RSI making higher lows even when the price is making lower highs, that's bullish divergence We can also see the divergence on CMF I will wait for the breakout of previous high before taking a position
Flat kumo opens the door for an edge to edge trade and look how perfectly the 2.618 fib is aligned to the cloud SALT also had a breakdown rejection so that makes this token even more solid for a bull run The volume since late March justifies that a lot of whales has been accumulating this coin in silence for this pump
Moving average 50 has proven to be a strong support & resistance for Bitcoin on Daily Currently the MA50 is sitting at 8280 If the price doesn't hold this level then the only strong support is at 7600-7800 level
As you can see even the price is making lower lows, the RSI is making higher lows which indicates the bear momentum is exhausting This could possibly be the bottom of this correction
After the Binance listing pump GNT is forming a bullish wedge Let's see how this one plays out
BNB is forming a Descending triangle And touching the support line as well as daily loud at the same time If BNB breaks down closes below that line then that would be extremely bearish for BNB
A breakout out of that range with significant volume will decide where xrp is heading next
Everything just lines up perfectly here We have a TK cross with break into the cloud and then a retest of lower cloud Momentum is increasing as you can see in the RSI Volume is OK, it's not increasing but also not decreasing And since there is always a high probability that pair will hit other side of the cloud once it enters, i am taking this trade But before...
EOS has formed a bullish wedge on a higher time frame also we have a descending volume which confirms the wedge We also have a breakout but the volume is just not convincing enough so i might skip this trade or wait for the volume since it looks like eos is retesting the resistance
I like how the bulls are defending that lower cloud and not letting the price go down We also have a bullish divergence and increase in momentum in RSI even when the price stays even which is really bullish and usually one of the first signs of Bull trend I will wait for this candle to close to see if we still stay within the cloud
Price reaching the previous high making a Cup and then a pull back to 0.618 Fib to complete a handle making a perfect Cup & Handle With the next target being 3.618 Fib which is 1500 satoshi
On daily time frame yesterday candle didn't close above the cloud proving a failed rally We also have a lower volume and a Regular bear divergence suggesting us to short
The price did make a new high but momentum of the second move was weaker than the first indicating the Bull action is exhausting Also look at that volume, it's decreasing which is clearly a bearish sign
Bitcoin is forming a Bullish Pennant at Higher time frame and we also have a breakout But No volume It could be a Fakeout though
As you can see that even there is an increase in price, there is no increase in Volume creating a Bearish Divergence
Bitcoin has formed a bearish wedge with less and less volume which confirms the wedge
Shorts above 0.23 and Longs below 0.1 has proved to be profitable I will wait for BCH to reach either of those levels to enter any trade
May 24th Seems to be the perfect day where the cloud aligns perfectly with the yearly pivot and one of the strongest resistance level A breakout on May 24th or after would be extremely bullish for bitcoin since we already have the daily TK cross and 50 & 200 EMA crosses which will easily bring bitcoin back to ATH