Several buy signals on $BTC right nowA lot to see here, but focus on the 3 large blue numbered arrows, as they will tell you a nice story:
Arrow 1 - Detonator B Oscillator: note how he have now just market a green buy dot near the bottom of oscillation, together with a rising RSI (the light blue line going up)
Arrow 2 - Detonator C Oscillator: note the MA red line is just about to cross up the MA average orange line, signaling a up trend forming
Arrow 3 - Price has just touched the 200 EMA 1D green line and rebounded; here one of this last several days biggest resistence is this Fibonacci Circle (marked in tick green); a blue box buy signal has just appeared too on the Hodlfire Indicator
So... we have a lot of buy signals now; once the Fib Circle resistence is broken; that will be the confirmation signal!
Hodlfire
ETH/BTC ratio signalizes 'Alt Season' soonMany see this ETH/BTC price ratio as the ignition for the Alt Season
Price is flerting with a long multi-year resistence, since 2021! A strong break out here will signal the so waited Alt Season, but first there must be a retest of the lowest purple line, the Beam Band bottom line
Also here, we are still waiting for a local bottom blue tag from Hodlfire indicator
As another indicator to watch is the bottom panel indicator, the Detornator C, as it is still red, almost crossing the zero line
So... 3 points of confirmation of Alt Season:
1- Retest of bottom Beam Band line
2- Hodlfire buy tag
3- Detonator C above zero line
What is interesting here, is that the upper Beam Band coincides with the target of the Cup & Handle formation when ETH/BTC price will reach a staggering 0.735 ETH for each BTC! If this ratio would be today, ETH price would be 45k!
Time will tell!
$INJ setup for 50% gain on next days, 3D timeframeCRYPTOCAP:INJ setup for 50% gain on next days, 3D timeframe:
We are on 3D timeframe here. Blue arrows number '1' and '2', were bottom pivots on Hodlfire Indicator (copyrighted) right over the Exponential Moving Average 200 (3D 200EMA) line (green), and we just got a 3rd, right over the 200EMA again (the last blue panel under late price movements)
So, as we are pivotting the bottom here, we expect next target on the last reset of VWAP line (orange line) at 38.60 usd, bringing over 50%
There was a first and second confirmation of trend, (1.) the support on all-time-high of the last cicle (pink line) and (2.) break of diagonal blue trendline; if you want to wait for another confirmation, the 3rd, just wait suport over the black VWAP quarter line around 27.00 usd