I believe this to be a great indicator of the market. It shows we haven't truly broken the down trend yet but shows people are eager to move their money into assets at least. Let's just hope it can hold. This chart looking very ready for a relief bounce but what do I know. Trade safe
It's done two cup and handles in a row. Could this be a third? Or will we get another market crash before then? The daily indicators all look pretty good.
This is an interesting chart to me that I'm looking forward to see how it plays out. There is a diverg in rsi and cci on daily, the weekly is also very close to oversold. This last section looks very similar to the pattern seen from feb-july 2021. I have set an alert for if rsi breaks its daily downtrend . If I take a position, take profits would be 1.28, 1.60, and 2.40
Dot is looking stronger than some other coins this week. Weekly and daily diverg in rsi and cci. Nice rejection candle forming on weekly chart, waiting to see where it closes. Bounced off bottom Bollinger band with authority and strong volume. I'm setting up a dca bot and hoping we get a little dip for a small entry before confirmation. With confirmation I will...
Trying to break down trend. Should see a short term market correction. Where do you think we will retrace to?
As seen in the chart it's testing the recent break away. Most alts starting to show differential from btc. Fingers crossed
This is how I've seen Ada for a few weeks. Do you think we have another leg down or the last wave was just super short?
Pattern looks uncanny to me. But I'm not super familiar with it. Mostly paper trading during these uncertain times. Thoughts? Blame the composite man! Time will tell
My hypthosis is we get a decent rise In avax if we break the last trend line. I'm by far no expert but I believe the Elliot count would support this
Believe I have found the count and followed all rules if anyone has a moment to check that would be amazing
Trying to take a different look at things. I'm sure I don't have them set perfectly right but the support and resistances come out close to the same however you place them with the over all trend. Interesting to look at either way. Gann and fib so very similar
Bearish diverg on 1 hour, move is losing momentum. To me it looks like we need a correction to test support very soon. Hold onto your pants. This is just my test view, input? Comments? Suggestions?
The last few months look like a big bearish divergence to me. Why does it keep pumping? Educate me please. Manipulation? Hype?
Seeing divergence on CCI AND RSI on 4h. Couple ideas, curious to see what plays out. Inputs? Thoughts? Not advice
Price is getting squeezed by the last big trend line I could find. I think the next 8 hours are pivotal. Volume has been building some. Aroon, AO, ATR, ADX, RSI all showing uptrend gaining strength with divergences on the lower time frames. If it breaks the next diagonal and can close above 0.0023 this might actually play out. Bollinger bands squeezing, waiting...
I see that each time this coin has broken its down trend a huge pump comes in the following weeks. I think a daily close above 0.0025 will make me feel good about it. Making a small investment and will buy at 0.0017, 0.0016, and .0014 if need be as it's always rebounded well from there. Setting trailing take profit at 0.005, 0.009 and 0.018 and 50%. Several...
Is this a failed break out or am I seeing stuff where there is nothing? Lol Appreciate any input. I've had better luck with other charts but can't find a trend in this one and just trying to practice before taking any big trades. Thanks