the right suport with boel tap at weekly support end we hav divergences on rsi indicator and the AME kros over to start up trend
All Time High; watching the divergences on the shorter timeframes.
NOT FINANCIAL ADVICE Keeping things simple, studying $BTC vs MACD vs RSI, a divergence pops out clearly on the shortterm 4H charts. While these do not always indicate a top or a dip, it is a signal that it is usually potentially accompanies one. Also charted are the various levels of potentiall strong resistances that may deflate bitcoin’s current rally....
Today we are going to look at the 4 hours chart. Currently catch in a sideways broad 47'500-50'000 trading range. Indeed, after having filled the triangle technical target @ 49'421, the BTC pushed still a little bit higher towards an intraday high so far @ 49'811, being unable, so far to break the psychological 50'000 important resistance level. In addition,...
So I am continuing to work on identifying divergences with a focus on USDTRY. I started at 2018 on the Daily and think I need to go down to the 30 minute because are a few bearish points in the chart that don't seem to be the result of divergence. I know divergence doesn't explain every move but it's possible I'm missing something. Let me know your thoughts. C
Multiple divergences on 4hr chart, MACD histogram, SRSI, and RSI also. We still have to see how low the price will go. Good luck traders
Just another FTR chart. (for the record) You can watch this with me throughout the day or until it breaks in either direction. Fun! The previous post is the video that gives it more context if you're curious.
Yet another potential scallop. Seems to be a scallop and wedge with some divergences showing up on the 1hr. If it holds true, it could take a while to break, regardless of direction. I did find some divergences of the bullish variety, so we will see how those play out. I will publish this chart so you can watch it at your leisure.
Sorry for the late post. I go over the current charts I am watching and what boundaries I have my eyes on. I will try to get out the video sooner tomorrow so theres time to react to my charts.
This video goes over the charts we have been looking at on the streams. We see a bunch of 1.618 fib targets got knocked out. But we also see some warning signs of a pullback, and some of them are a bit creepy. I end it with a moonshot chart just for funsies. See you guys in tonight's stream, we'll go over whatever happens today and make some new charts. FUN!
In this video I just quickly go over all the charts we looked at in the stream today and a couple new ones. Main takeaway is the bullish divergences on the daily chart, the high timeframe channels, and wedges, and the fun rounded-top/scallop chart. Hope this was helpful, I just wanted to get these charts out without too many tangents or extra analysis that takes...
Well, this is my weekly chart that I am watching. 20 minutes of non-stop raccoon fun!
This videos main focus is on the 30 min chart I am currently watching, as well as some observations on the daily chart and the 4hr timeframe. Why am I happy? Because I can now stream, which means I can freestyle explain and analyze, and then consolidate and streamline that info from the stream into a summarized 20 min video idea. I did 2 streams last night,...
Well, this video had to be re-done as well, BUT I think I covered the most important stuff... except volume profile stuff... why? Because 20 minutes isnt enough and I forgot due to the pressure, lol. Biggest takeaway though is to keep an eye on that daily chart developing bearish divergence. I am going to make one more video after this, it will be a Charting Out...
This video was my attempt to go over my larger timeframe charts of the daily and weekly BTC charts. Sadly, 20 min never feels like enough time, the pressure to cover as much as I can in a short amount of time always makes me forget stuff, but I think I covered the big stuff. Once TV lets me stream, I will be able to go over all the details at a much more calm...
Sorry, this video was a bit rushed, I am on a time crunch. I basically go over a couple charts in the beginning, multiple tangents, and then at the end some charting out loud on the 2 hr timeframe. Takeaway, we broke a falling channel, and are potentially in a large rising channel. Will make more videos today when IRL is less busy. Hope some of this was helpful, cya!
This video just goes over my old chart that became invalidated due to my own negligence. Biggest takeaway from this video is the large descending channel, potential wedge, and potential bullish divergence. I will make another video today if things make some big moves. And, I will be making a video soon to go over my daily and weekly charts as they should have...