rezasamir

rezasamir

As you can see on the chart , BTC is swinging between 19000 and 20000 till the market will open at Tuesday. RSI - 1h , was just in the overbought range and the whole market is still bearish. Also we have a divergence on RSI and some other indicators. So you can open a short position at this moment with the target of 19000.

rezasamir

Just observe the chart carefully. Look at MACD. Look at RSI in 4h. It broke the trend line. RSI most of the time breaks the trend lines sooner than the price.

rezasamir

As you can see in the chart we have a structure similar to bear flag. Also the RSI in 4h is near the upper band and probably it will break the trend soon. Also pay attention to divergence on volume. The context of the whole market is bearish and it seems that the try of the market to recover itself in recent days becomes more and more disappointing and probably we...

rezasamir

FTM is in a descending channel and now is near the upper border of the channel. Also we have a resistance here. Also the MA100 is right there in 3h chart. Beside, the whole market context is still bearish. It seems it is time to downturn and I think it is a great opportunity to short.

rezasamir

As you can see on the chart, we are in a rising wedge. So get ready for short position as the price gets in the orange circle area. Total context of the market is bearish so just focus on short positions. ------------------------- Entry: 0.26 ~ 0.275 Stop: 0.285 Target1: 0.245 Target2: 0.222 Target3: 0.197

rezasamir

As I mentioned in previous idea (mentioned below) , Luna is creating a descending channel. I just readjust the channel's borders. The price broke out the uptrend. Also RSI broke out the uptrend and completed the retest.

rezasamir

The RSI ascending trendline is broken recently. So the price trendline will be broken soon. Also the price is moving in a descending channel and probably will be rejected from the channel's border soon. Good luck.

rezasamir

As the rsi descending trend line broke out recently , the celo is to breaking out its local descending trend line soon.

rezasamir

As you can see , there is a considerable divergence on BTC.

rezasamir

It seems BTC price is bouncing in an inverted triangle for a while.

rezasamir

What do you think ???