cryptocurrencies had a good run in last few weeks . on the TRON case , by looking at the divergence between RSI and and price I would say we need another retest of 0.083/0.084 support zone before a rally to 0.1 resistance
this is the DOGEUSDT 4h chart , price shaped a rising wedge pattern which is a sell signal most of the time in addition to that we have a strong resistance on 0.30 that is pushing price to fall also we can see a bearish divergence between price and 4h RSI , price made new highs ,but RSI couldn't reach those highs and mad new lower highs in my opinion 0.23 is a...
we reached a support zone on this pair I have some reasons that I believe prices is going to be bullish : 1. we have a falling wedge pattern that signals bullish 2. price reached a strong resistance that have been tested two times 3. we have a bullish divergence between price and RSI it can be a bullish signal with a good ratio but this is just and analysis ,...
NZDJPY prices got into a bullish flag pattern for last few days . I'm showing you 4h chart for more precise analysis , but if you open the daily chart and pay attention to RSI , you can see that it has been lower than 50 for a few days but it broke 50 resistance on RSI and made a new high in last couple of days Back to 4h chart and price : price was unable to...
price is in a falling channel and going downward but last swing to the bottom of the channel was a failure . price couldn't break the support level that I pointed on the chart with a white zone . And that is why I think it is going to break the higher line of the channel in this bullish swing
TRX bouncing off from the support on 0.062 , it seems to be a good area for buy , but as you can see we have a divergence here as prices made new highs , RSI made lower highs , this is a warning I think prices will go down after it touch 0.066 resistance This is just an analysis , make your own decision
so price reached the bullish trend line , and as you can see prices shaped a "falling wedge" pattern . if prices break the upper line of the wedge its great for a buy position I'm bullish
after a bullish trend , price now made a lower low under previous higher low and it made a rising wedge pattern , going short on this pair
price went up but couldn't make a new high and it perform ABCD pattern and double top , I'm a bear on this pair
price this time performed a triangle and I think it is gonna break the the resistance and continue bullish trend , im going long on this pair
price performed a bearish wedge pattern , price bullish move is slower than price bearish moves , price came near the resistance line 3times but have not touched it yet and also could not make a new lower low , bearish move expected
As you can see cadjpy expected to break the bullish pennant pattern and go up to the upper ressistanse