Bitcoin has broken out of it's channel it's been forming the past few days. A lot of volume came in during the break of the channel signalling bullish movement. Bitcoin is forming a small bull flag on the hourly chart. The MacD is still pointing upwards. RSI is almost crossing the 30% on the daily. If bitcoin can break to the upper side of this bull flag. I expect...
For months, I even doubted it myself. TA does work!
While bitcoin stalls the bigger alts are seeing movement. ADA is lagging behind but if we have breakout of triangle we could see some big price action provided bitcoin behaves itself. First trade is already in progress. My plan provided the market geometry still makes the trade viable is to switch short at my target as it is pretty heavy resistance, then switch...
ARNBTC Want to know the explanation and Targets?.. Feel free to send me a private message :)
Despite the last moves we still not recoverd from bears . Going to do the biggest resistance on the big DOWnwardchannel ( yellow )
Hi guys, this is my view on Komodo. Recently the price action has started to show aggressive intentions heading north. The volume is the biggest and most indicative element that this coin wants to go for a moonshot. Other indicators are extremely bullish, with DMI showing an upside trend formation and ADX line supporting it strongly. Considering potential...
Attempt to extrapolate previous price action to see how history might repeat itself
Through consideration of past highs and lows, this graph determines that we have reached a true bottom over the last couple months, and with the rebounds getting smaller and smaller, an outbreak is impending with the last ounces of bulls pushing the price down for the cheapest purchase.
After looking at other TA on here for $XVGUSD, I thought I would combine the best elements I found into an updated chart including elliot waves. It seems we may have bottomed at a penny and now on wave 5! I wonder what the potential is for such a rise upward. Can we even get an extended 5? Verge is on the mark.
Very often ETH is said to be a good indicator of for Altseason start. Analysing the ratio movement of ETH marketcap against BTC marketcap, it looks that we might need some more alt bleed, to reach the 0.16 ratio level before triggering a new massive Altseason
Liked the looks of this so I wanted to post it. More indepth analysis to follow.
Indicators have been showing bullish divergence for around a month, pretty extremely so now. Whilst divergence has been seen in many alts for the last weeks, this looks like a better set up with the Chaikin in agreement with other indicators. Targets based on fib levels - timing is pretty much guess work.
Haven't seen this discussed much. Interested to hear others' thoughts on the linear trend line offering support where the log failed this year. .78 fib seems to line up nicely too. Considering entries and 0.038 looks like a possible starting point.
Go long! This bullrun will be epic)