Is this a beautiful pattern or what. Ah but there is one thing missing......volume! LOL. That might be why it is nearly perfect. No volatile moves. HHHMMMMM.
ZRXUSD looks beautiful on multiple platforms. I posted a snapshot of ZRXUS on Coinbase yesterday as it looks similar to what I am holding in Kraken.
DAILY CHART
Sales have slowed down, and when this happens history has shown us that it is the turn of the bulls, that confirms a bullish divergence on the weekly chart.
Not financial advice
just my wishes and humble analysis
Hello everyone,
Unfortunately, we haven't seen a breakout of the trend line, what next?
There are several scenarios. I personally took a position at $ 0.69 on a LONG with a stop loss below the local low. I'm counting on another breakthrough attempt.
The main resistances are marked with a dashed green line. The close of the candle below the red line...
No one can predict the future except the wiches(financial astrology)
so if you are not astrologist dont have bias, just follow the smart money
do not enter in the middle of volume mountain cause of volatility
😘👍
Levels driven from market profiles
for bullish trend we need consolidation confirmation above the 457 level, which is volume
and bearish scenario can happen if we reject from here.
also there is big put/call volume and OI on april 14, which is bearish
www.barchart.com
good luck
Currently I have 2 ideas
1: parallels blue channel
2: rising wedge orange channel
In both the volume is dropping
So I still think we going down, only a rly great news can pump, or a wired Elon Tweet
Just woke up, and saw this rising wedge with dropping volumen.
Lines are may not finaly set, but give a good view that we should get soon a correction down
price is slowly rising, but volumen is dropping
CME Close was 37700, so even if we go higher, we will see a drop after it
if price is falling down the wedge, we see a pump on monday for retest of the wedge and close the gap, with the pump
This is my current Idea of BTC for the next Hours and Days.
The Volume is dropping slowly and we should normaly see a retest of the low, so we see a iHS
This would perfectly fit into my prediction from 30.12.2021 to my big Wedge as a retest
From here we sould bounce down to my daily big HS down to 25-28k
Then up for a big retest and mega HS...
Lets see...
Volumen is dropping slowly week after week.
Lets see when we see a new correction.
Bounce on upper line first?!
Will take the short there and wait for reaction
