CMF 2013 ATH & CMF 2017 ATH & CMF 2021 ATH ... Following Negative Divergence between 2013 ATH & 2017 ATH there was a -86% downturn. Right? Now between 2017 ATH & 2021 ATH another Negative Divergence is seen. 1. Will it repeat itself the same? 2. Will it rhyme such behavior similarly? 3. Is this comparison meaningless? My understanding would be like this "based...
Simply it's going to repeat it's last 3 - 4 months behavior once more. Here is why? 1. SRSI : this indicator is in the daily oversold zone. 2. RSI (2): jumped up out of oversold area sharply that can be a notion of eagerness to buy even more. 3. William Alligator mouth is closed - seemingly a sell signal. Yet, a very strong support is there at 42K - meaning that...
Interesting emergent breakout above the resistance line. RSI (2, 14) also show positive divergence. Buyers are stepping in again. Targets: 1. 47,718 2. 51,499 3. 58,389 Not a financial advice. For learning purposes only.
Seems that temporarily BTC price chart is heading down while RSI (2) is absorbing more strength in 4H time frame. Will it be able to make it up to previous highs back again?
1H PSAR, Fractals & the RSI (2) show that a downward movement to $40K is possible. Let's See. Not a financial advice.
Technicals: 1. Elliot Waves 1st Major Wave (Weekly) : 11 Dec 17 at $19,945 2. 2nd Major Wave : 10 Dec 18 at $3,118 3. 3rd Major Wave's Lag : 17 Dec 18 - 16 Mar 20 (from $3,118 to 4,308) 4. 3rd Major Wave: 16 Mar 20 starting from $4,308 - 15 Feb 21 at $58,324 (1353%) 5. And now "Is this ATH (58,324)": 5.1. The end of 1st Major Wave? 5.2. The start for a Midterm...
EOSBTC Monthly & Weekly Status: 1. Monthly Support at current price (compared to BTC) has been tested "three times". RSI (2) is just 25. Getting more strength since Jan 2021. 2. Weekly Support here has been touched "9 times". Yet, Weekly RSI (2) is getting stronger. 3. Fundamentally based on FCAS scores 912 out of 1000. 4. Potentially 34X profit is hidden in...
Due to the SEC case XRP went through tremendous price crash (FOMO). 1. Weekly RSI (2) went into oversold area under 10 three times. 2. At the moment it is making a HL in this time frame. 3. Weekly & Daily PSARs are above price chart - Daily 19 days stayed above & Weekly for 10 weeks. 4. And MFI is interestingly showing a vivid accumulation during the last 658...
If we ignore what Elliot Decrypted from financial markets, we might not be able to set proportionated targets for futures prices. Well! It is based on 4H timeframe - "even if" we meet such pattern (more or less similar) it is based on "4H price action". There is the Question: What if it is set on Daily, Weekly, Monthly & Even more?! Something of which the...
Based on Support/Resistance: 1. Weekly SRSI is pretty high. Then? Correction to a previously Resistance at about $4 is expected. 2. EOS fundamentally scores 912 out of 1000. Why? 3. Last weeks' Negative Hi Candle is confirming that more correction is possible. 4. If Elliot Waves Counting is done correctly, then it continues correcting for a couple of weeks. 5....
The Monster is asleep. Temporarily it strolling around. - Daily SRSI is right there at the bottom waiting for some multibillion dollars to eat. :-) - A channel has been created obviously. Let it do his job - a railway for a Swinging Nice Dance! ;-) - 2 Bases out of 4 are already made. But somewhere nearby & short it. :-* Not a financial advice.
I have experienced more than 10,000 forecasts on PocketOption USING RSI (2). If you look at BTC's Weekly RSI (2) you may realize that this is a Continual Pattern with BTC - meaning that Oversold/Overbought Areas follow each others consecutively. Yet, please be notified that just before the gigantic Price Tsunami there has to be a DEEP PLUNGE as a "Reaccumulation"...
I don't know what to say! This is far valuable ten DIAMOND! When you but Tron, you actually hire Justin! This young talented man is working for you. He has demonstrated his excellency. When you sell Tron you fire him! Right? I do not know of any RICH TRADER! I do know of RICH INVESTORS. One cannot ride on all market's waves. You get nervous & repeatedly can make...
Daily Negative Divergence between Price Charts last Peaks & RSI (14) last peaks. Hold/Sell strategy matters seriously at the moment. Correction to some point near the 1st Ellliot Wave's peak is possible. Channels & Elliot Waves are just a simple depict of possibilities & are shown roughly. Always be prepared, but for Holders there is no need to be worried. This...
Simply, if the abovementioned event happens BTC can make higher prices quickly. Otherwise, correction to the most credible Support Clusters of $27, 23, & 17K would not be out of reach.
Also, please check another idea I have posted a while ago. Not a financial advice.