OgahTerkenal

OgahTerkenal

This is a part of 2 ideas, I can't put them together in 1 post. Please see the related idea.

OgahTerkenal

This is a part of 2 ideas, I can't put them together in 1 post. Please see the related idea.

OgahTerkenal

While it forming an Ascending Triangle, who knows which path will it choose?

OgahTerkenal

ATR volatility is increasing, last candle show bearish engulfing, picturing from yesterday "so-called-dip" is showing bearish movement, and I think that last pattern looks like bear flag. Also, as some of us know crypto market are kinda tidally-locked with BTC market movement, we should take a close look at what BTC market is doing. So, are we really still on a...

OgahTerkenal Updated 

The RSI forming a bearish divergence along with the increasing volatility over the pass few days, is this it? is this the top of the bull started since almost 1 year ago?

OgahTerkenal

RSI set to 24 hours length instead of default 14 hours: - showing a slight higher low Volume MA also set to 24 hours length instead of 20 hours: - still not showing any significant increase in the volume ma Many post say we're on a bull market, but are we? What do you think about it?

OgahTerkenal

Sorry for the title ;) So here it is nice short term long profit ratio. As the resistance line from yesterday has been broken, I think now it become the support line.

OgahTerkenal

The splitting arrow direction is a possible price direction, anything will happen you know

OgahTerkenal

Middle intersection of the triangle found around 0.03725 USDT (probably will be the major resistance level). Using pitchfan, I marked the buying zone (green) and the selling zone (red). Comment below for any suggestion

OgahTerkenal

miss about the expected time to break resistance and the price took off earlier than I expected. interesting.

OgahTerkenal

as always, not really sure if this correct

OgahTerkenal

so after watching how the chart react to my triangle boundaries. I came up with 4 possible moving direction, it's still 50:50 whether it's bull or bear. Feel free to share your comments, whether I'm wrong or not, or maybe you're come with another conclusion

OgahTerkenal

based on rsi divergence and there's also 3 point of resistance before

OgahTerkenal

Purple colored line and curve is my prediction. not really sure if I'm doing it the right way, so if bullish divergence on RSI should happen it should be when the price go lower but the RSI go higher. therefore a bounce is needed to get stronger RSI with lower price.

OgahTerkenal

also followed by bullish engulfing pattern. last time I check the divergence also happens on 1H timeframe.

OgahTerkenal

Following my previous analysis on Possible Bullish Triangle pattern, the price action seems to be ready to have a pullback with the pullback angle following the previous pattern.

OgahTerkenal

So the idea was based on RSI and MACD indicator divergence, if the price break through the red line maybe it would pump to a higher price

OgahTerkenal

First analysist on tradingview, hope you all enjoy it, although we now on the longer timeframe this just looks like a bounce ;)