Here is my idea for Link on the 4-hour timeline. It has confirmed the breakout of the inverse head and shoulders pattern. If BTC stays on its best behavior, Link should see a nice pump.
Generally a bullish buying point on the weekly RSI. And the stochastic rsi has signaled a turnaround as well.
Already went 10x from its last bottom. We have a bullish divergences on the rsi from that recent low of around $40. We are currently lower on the rsi than we were around then.
I based my Fibonacci levels on the highest wick before we entered a bearish wedge and the lowest weekly close. Sushi was strongly supported previously at the .382 level around $6 and recently wicked all the way down to the .236 level at nearly $4, which I would suspect was a really great buy. As of writing, the market cap/total value locked ratio is .126 which...
Looking at the Macd and RSI for SNX/BTC, we can see a set up for bullish price movement.
A pretty good looking set up up for $snx it is long overdue for a move against Bitcoin as well
Uma to $100 this bull cycle. Buy now and hodl. This is financial advice lol
UMA is looking bullish to me. I will be interested to see what the next month or 2 looks like. Won’t be surprised to see it somewhere between $20-30. If BTC stays above the 21 week EMA, I’m bullish on everything. Derivatives and synthetic assets will be BIG in the crypto space.
On the 4 hour chart we have a bullish divergence on the RSI. All things considered I think that SNX is ready to break out. If Bitcoin holds the 21 week MA, I’m very bullish.
Just wanted to point out the giant double bullish divergence on the SNX weekly chart. I think triple digits are possible before next summer. Good luck everyone.
Just a thought. Stochastic RSI on the weekly looks very very bullish.
A little double bullish divergence on the daily time frame. Skale has been losing a lot of value in comparison to ETH lately. I think it’s time for a breakout.
We have closed a daily candle above this very long down trend line. If this is the breakout, I would project a target sell of 70-85 cents.
As the title states, we have a clear bullish divergence on the weekly RSI. Also, on the weekly Stochastic RSI, we are finally bottoming out. Buy buy buy!
This descending triangle has to break at some point and if it did and confirmed it we could hit the 80 cent + range. Bitcoin just needs to do it’s thing. Either stay steady or move to 45k.
We have a double bullish divergence on the 4 hour RSI and MACD. I think a relief rally is long overdue. I would expect a retest of $100 relatively soon. Good luck to anyone hodling this coin.
Whether you think it eventually will go lower than 30k short term, there’s also a solid chance of us retesting 40k and beyond... if we can hold this level of support btc will likely continue a breakout for the time being.
I’m pretty sick to my stomach with this awful price action. Don’t have any more money to buy sadly. Hopefully alt season happens again this year at some point. Pretty depressing right now.