Ethereum will grow strong versus Bitcoin , or so this chart is saying. We can see bullish consolidation above EMA100. The MACD for ETHBTC is now on the bullish zone while the RSI is super strong sitting at 63+. The downtrend that started in Dec. has been broken after a higher low...
First, what is divergence? Divergence shows us that a trend is losing momentum and may soon be ready for a reversal or a deeper correction. When we see divergence, we should stop trading in the direction of the trend and wait for the trend reversal. How is divergence determined in charts and commodities? When price moves higher, RSI(or MACD) will show lower...
ETH/BTC had a very good few days. ETH has gained significant ground against Bitcoin, making ETH more valuable and desirable in the process. Second, and certainly most importantly, as can be seen from the chart, ETH/BTC has emerged from the downtrend it has been trading since the beginning of December. Ethereum is a more 'risky' asset than Bitcoin these days. If...
A positive uptrend line for $ROSE. But it should be followed along with harmonic movements.
Since we don't have much data for $DYDX, we have to make short-term time analyzes. On the 30-minute and 1-hour charts, the indicator is not red, but we are at the upper limit of BB. Price should be followed, support points should be well determined
With simple trend lines, we can say that IRIS is in an uptrend, it should be supported by volume.
Be careful for BTC and correction levels. Fibonacci ret. must be followed for entrance or TP
The ideal buying zones for the rFibonacci RSI are as follows:
We can see a little correction above the trend line
Algo tried to test the support 4th times and couldn't be successful to break it.
Vet can test the resistance for correction.
We need to watch the market carefully to apply their condition to the trade positions.
We can see some correction on SOLOBTC pair
We can see some correction on the price for $ALGO
ALGO look bullish but we can see some panic sells to realize price
I see that this price range is the deepest prices for $ALGO
VET can touch the support in a short time