XVGBTC found support at 160 sats and since it is in accumulation phase, its Bollinger Band is tightening. It is waiting explode high probably upward as its BBW on lowest level ever recorded on 1W.
XVGBTC found suppport at 160 sats and seen having accumulation phase. It is currently testing the previous peak's of bull break. The tight BB and lowest level BBW signifies XVGBTC is waiting to explode highly upwards.
STRATBTC is breaking out from the bull falling wedge on 1W. Further confirmation as weekly candle closed. It is known that in the previous pattern STRATBTC breakouts were not affected much by the BTCUSD movement unless BTCUSD dipped down heavily.
The past months I've drawn a possible cup formation, just the curve no handle drawn. But it seems that it follows perfectly the curve for the time being. Let's see whether it still follows the curve for the next following weeks
We can see that BTCUSD is repeating the past candles pattern. If the next current bullish engulfing candle went hammer candle, it will likely repeat its pattern
combined with the inverted head and shoulders. Weekly candle has strong impact on overall price movement.
Higher price peaks but lower RSI peaks leads to bearish divergence. Note that it bounce on EMA 200 but further dip is expected as overall sentiment is greed
