Really nice setup on FUN right now. Ascending triangle on the hourly with an edge to edge trade on on the 4/6hr clouds. Target looks to be around 696 sats. 12hr Tenkan is also flat at 697 sats
And of course.... The above references an opinion and is for information purposes only. It is not intended to be investment advice.
-Joe
Interesting setup on BTC with a bull flag within a rising wedge on the 2hr time frame. Alot has been said about breaking horizontal resistance at 11.2k leading to a run to 11.7k or so. Id watch for a move up from the small bull flag to test the 11.2k horizontal resistance and possibly break it. If volume pours in on the top side of 11.2k then we could break the...
Interesting setup on BTC with a bull flag setup on the lower time (1hr) within a rising wedge on somewhat longer timeframe (4hr). Also strong horizontal resistance at the 11.2k level as well as fib resistance in that area. Alot has been made of the 11.2k barrier and the possibility of breaking that leading to a run to 11.7k or so. If we do indeed make a move into...
Alright so here are my thoughts for BTC over the next few days.
BTC appears to be in a falling wedge as you can see on the 4hr. MACD and RSI continue to fall in the higher time frames and we entered the 4hr cloud with a bearish TK cross. Whats most interesting is that the bottom of the wedge lines up with the 50% retracement as well as a flat Kumo bottom all...
Hey this is my first time publishing TA so feel free to give me some feedback!
ADA looks to be sitting on strong resistance turned support from before the initial move to ATH. It has Bullish Divergence on the 6hr for both MACD and RSI with an oversold RSI. Fib levels also match up very well
Let me know what you think!
