Ideas on the graph. Thoughts welcome.
Ideas on the chart. Thoughts welcome.
Ideas on the chart. Thoughts welcome.
Ideas on the chart. Thoughts welcome.
Ideas on the chart. Thoughts welcome.
Idea on the chart. Thoughts welcome.
Explanation on the chart. Thoughts welcome.
Not confirmed yet but if this holds it is likely a reversal spot.
Ideas on the graph. Thoughts welcome.
1/ cup and handle 2/ bullish TK cross coupled with kumo breakout 3/ key resistance zone highlighted 4/strong consolidation volume 5/ bullish divergence on RSI
1/ It's been sideways since the move up in June but we're currently breaking out and stalling at the 1 fib extension level 2/ Ichimoku cloud has turned green once again signalling the incoming breakout attempt; the previous 2 failed 3/ In June when resistance turned support the price quickly tripled 4/ T.K. cross and 50 EMA has crossed up through the 100 EMA,...
No strong feeling either way but some signs of a reversal to come in near term. 1/ bear divergence on RSI (price lower high, RSI higher high) 2/ kumo cloud edge to edge complete also coinciding with 0.236 fib 3/ volume spiked now declining similar to last pump/retrace Personally I have sold 25% on a 5x having bought 3 Dec. Doubt it is a good buy spot but...
Not a particularly easy graph to read but I think there's just enough to go on. 1/ volume is lower than on the previous big pump, though it was even lower when hitting it's ATH 2/ potential bullish consolidation with price range bound between 0.786 and 0.618 fibs acting as resistance and support 3/ tenkan and kijun hugging until the last few days as the tenkan...
Bullish falling wedge idea I posted previously worked out well, almost reached the flat kumo target. Unless we blast through that target (always possible with bitcoin 9.97% ) there are a fair few short term bearish indicators forming. 1/ bear divergence on RSI (price lower high, RSI higher high) 2/ evening star forming 3/flat kumo emerging at around $13,700...