All timescales agree. Negative momo fading on daily, bullish divergence on 4h, bull pennant breaking out on 1h. All that after hitting important support level and pattern completion zone at 33.5k. Nice.
Might fail but pretty clear 4h bullish divergence after bullishly diverging on 1h. Bullish engulfing on 1h and 4h. Negative momo still fading on daily. I'm staying out of this trade but curious to see if this plays out. Target would be around 42k.
As long as it makes higher low it should be fine but 1h bearish divergence is playing out and one could even argue for 4h bearish divergence kinda there so no surprise the price goes down. Got my eyes on 35k because there's hardly any historical support between 38.5 and 35k. Maybe we can get another firesale on alts at least. Reversal to the downside after failing...
Not much history but it retraced a lot in a short period of time and revenue and fundamentals are surprisingly strong despite COVID.
Cup with Handle. Handle is a falling wedge. You are trading a bullish pattern inside a bullish pattern. On you of that you have triple 4h bullish divergence on MACD on that wedge. And it's super easy to target and manage risk with very tight stop loss around $57.4. Oil is going up and demand will continue to go up this summer and while XOM is usually correlated...
Historically (looking at timeframe since December 2020 but this trend goes back even further and is true also for November 2020 and so on) if you opened a long position on BTC on last Friday of the month (when futures contracts expire) you would be looking at anywhere between 10 and 85% gain (assuming you bought Friday's bottom and sold top of the wave each time)...
Target confluent with historical resistance. It looks good.
Holding above 0.0019 where price history between that level and 0.0026 is only straight up and straight down. Getting there would mean over 30% increase on the USD pair.
2 days of consolidating sideways, 1h momo about to go positive for the first time since nearly 40 hours. Increasing accumulation, oscillators getting resetted, very real Bullish Divergence on 1h RSI, holding above previous peak unlike most other cryptos moving with Bitcoin right now that simply look worse. I like it and hope to see a huge move up again soon. This...
Meme stocks are back at it. With GME and AMC running, BB could catch some bids too. If $9.6 breaks convincingly, the most recent price history between that level and $12.3 is straight up. Easy to target with 3:1 R/R but watch for 4h close above 9.6. Weekly hidden bullish divergence maturing. First higher low o 4h in a long time after very deep retrace (lost over...
BTC.D rejected at resistance which coincided with moving average, daily bearish divergence maturing. 44% was a potential support area that failed to hold. Bearish engulfing on daily. Very good news for altcoins. Probably headed back down to that 39% zone and if that breaks it's straight down to 35%. Perfect time to get back in altcoins in my opinionsince the...
Potential Inverse Head & Shoulders with neckline around 40k. If that resistance breaks a measured move would take it close to 50k.
Sell wall and increasing accumulation, unlike other cryptos it didn't dip at all today. Once this sell wall breaks it can go up really quick and really high again.
Very nice breakout of the channel on ETC. I got stopped out of this trade previously unfortunately but I hope we might see a backtest of the channel around $60 mark which would be a great entry to ride this newly established uptrend. I can't be sure whether this wave up can take us to new heights given current macro but I imagine $80 and $90 would be the target...
Neat chart but stop loss is a little too loose for my taste. Decent entry for long term hold though.
4 months of consolidation, double bottom on newly established support after nice wave pattern. Gap Fill target, stop loss just bellow bottom of the range, 3:1 r/r with massive 20%+ upside. Overall very bullish trend.