doesnt looking good for Stellar/btc as the btc keep rallying/btc dominance rising.. broke a longterm trendline is a bad sign for str/btc .. though the indicator is flashing a good buy. in term of past support/resistance.. Stellar didnt have much support nearby.. the nearest support saddly around 1500 satoshi.. but we will see what happen...
Still following a trendline (yellow line) after being overbought past few weeks ago. let see if the trendline can hold the 2/1 line in the future.. Still in bearish area. Still have more room to go down in my opinion, please take this idea as a grain of salt and feel free to share your idea.. peace..
if it cant hold around 0.001 satoshi... expect downward into the unknown as there are not support below that level and it's look bad for recent chart.. it did create a higher high slightly but still creating higher low..... create a double top formation.. if this price action do broke down, hypothetical support based from double top formation would be around...
After being rejected from 200 EMA and now currently Testing trendline that already been established since October 2017. it's a crucial support in order to maintain the price level above 2200 satoshi if it broke.. expect a major downfall since there's few support in play from the past time... if we look closely we also inside the Ascending triangle, if the recent...
After broke a recent price channel. it seems the price action trying to test 200 EMA around 0.012 satoshi.. let see what will happen when the price action try to consolidate around 200 EMA. Indicator mostly remain in bearish area and still continue dropping in price. while stochastic RSI is bottomed yet still a possibility a minor rally before a continuation...
It's already broke a long term bullish trendline from wayback december 2015.. after being rejected 200 EMA, The price action going downward eversince and death cross is already in play. Volume also being decrease every single day which something major movement will happen. in present they are testing the support around 0.03 satoshi which will define it's future...
Dont think a wrong idea about this title and please do take this as a grain of salt. Please, also dont think about this post a 'rant' as i felt left out by not buying the previous price dip as the fact that i already did accumulated BTC around january 2019 if the price did rally upward to the moon and i dont mind it as my BTC will be a rising in value over long...
A timeline from previous major impulse and corrective movement from the past do repeat itself. In present, most indicator is already flashing a buy signal due to Stoch RSI, RSI, macd is oversold. keep in mind while there's most indicator is support unto upside movement.. there's always a possibility continuation might continue due to btc dominance level or beyond...
For TOTAL, it's been a bullish trend lately, volume is rising, from stochastic RSI it's pointing upward from oversold condition ; from RSI it's still manage to hold 70 level RSI and it's seems try to get abpve 70 level again Although MACD seems supressed in seller momentum despite the total market cap increased OBV still indicate a continuation of the bullish...
Most of my Indicators are flashing overbought and the potential resistance and support in near future... if it's correction do occurs. i keep an eye around 0.682 and 0.5 fib on fibonacci fan as if the trend is following the previous retracement from 0.5 and continue it's bullish momentum, if not following the fibonacci fan.. i keep an eye for a potential support...
After it break the channel from 9k satoshi, followed by latest Fibonnaci Spiral. acting as a potential support and upcoming resistance. So far it's pretty bearish movement for Steem/BTC with Fibonacci resistance fan after being rejected by 200 EMA but looking at Indicator such as RSI, Stochastic RSI and Macd seems give me a signal that it's a good time to...
Using the fibonacci spiral and retracement i find out there's a upcoming swing while price will approach the yellow fibbonaci spiral, If i draw correctly it will be interesting it will happen.. please do share what your thought about this idea and let me know how i draw fibonacci spiral as i am also learning how to draw with it. peace
In 4 hour candle.. interesting where this price action will go... either drop in price action and form H&S and more confirmation for descending triangle to form or continuation of ascending triangle while there's also a possibility to form a rising wedge... or side way between support (5k ) and resistance (5.3k) channel. Hmm.... please share what your thought...
It's seems still moving upward in price though volume is decreasing and it's moving within the potential rising wedge area. or simply just test the resistance and sideways along resistance or fall toward support +-5k. reason is for personally for me is the Stochastic RSI in the moment is able gain it's momentum in order to push the price higher.. RSI and MACD...
we will see what happen in the future... stochastic MACD and RSI is still in down trend.. notice a slight divergence in between RSI and price action..
BTC/USD seemingly defying gravity as they didnt budge for an imminent alert for correction from most indicator in order to further of trend Overlook of my indicators mostly telling me for a slight change of the trend for a short term, slight divergence between volume and rsi if you look in the recent price action. when i try to draw an elliot wave to guess the...
On closer look. there's not a signal to confirm to enter a bearish trend. yet.... Macd is already clear it will crossover between buyer and seller line for bearish trend that ready to occur. though it's a great support within 200 EMA + 20 EMA is will be a hard line to break, my indicator is already tell that change of trend will occur at some...
After being rejected by 200 EMA and broke the channel in my previous chart. it's clear a prolonged bear trend is continue + broken trend line that already established since december 2018. using ichimoku cloud Stochastic RSI, RSI and Macd is also continuation of downtrend while ichimoku cloud still not closing in into a bearish cloud/trend yet and...