MDT3

MDT3

Bitcoin on the Log Chart w/ Layered Curved Bands, EMA's, and Stoch RSI on Weekly. Currently trading under crossover of EMA 9 under EMA 100 historically signaling move down to lower curved bands in Bear Market. A test/bounce on the EMA 265 has occurred but, lower dotted trend line (Support) has yet to be hit. The dotted upper trend (Resistance) and lower trend...

MDT3

The first 2 pillars on the left price got rejected from 100 Day EMA when RSI's were overbought. The third pillar broke the 100EMA but was still getting/were oversold on the RSI's. The last pillar is close to/has bottomed on the Stoch's and regular RSI is under midline as were testing 100D EMA again. If BTC breaks 100EMA (43.6K) and RSI midline price could have...

MDT3

Bitcoin's 100 EMA on the 4 hour time frame is squeezing/coiling up as well as having very similar price action as it did at the beg of the 2020 Bull Run.

MDT3 Updated 

Update of my last post.. Historically the 50Week Ma (Yellow Line) & 50Week SMA (Pink Line) on Bitcoin have been good indicators when showing support and resistance areas and confirming either long continued uptrends or downtrends (Bull or Bear Markets). Currently, unlike previous crosses they are running parallel with each other instead of abruptly crossing...

MDT3

Bitcoin currently right at the 50Week Moving Avg. Historically when under the 50Week MA, Bitcoin is in a Bear Market (other than Black Swan event, Covid in March 2020) or downtrend. When above the 50 Week MA, it's an indication that Bitcoin is in a Bull Market or uptrend. BTC previously back tested the 50Week MA in July @ $31,800 which lead to a bounce up to the...

MDT3

Clear signs we just bottomed out, speaks for itself.. HODL

MDT3

Bitcoin is coming to the up trending line of support within the rising channel. A key are is in the 53.5K range. A drop below would see a longer recovery for BTC to hit a new ath. Previously an early breakout in the bull flag gave BTC it's ath but is now back down to the bottom of the flag, still bullish! The flagpole distance of the current bull flag lands in the...

MDT3 Updated 

Previously ADA briefly broke beneath the 200DMA and after recovering was sent into a rally of 195%. It is currently set up in a similar situation. The RSI was also, as is now, completely bottomed out. Another 195% rally from here would have ADA breaking the rising channel's resistance and possibly onto the 361.80% Fib Extension if the bulls can take back the line....

MDT3

On Cardano’s weekly chart ADA seems to make a bottom of off the 20 Week Smoothed Moving Average (Pink Line) before continuing into rally. All systems go for Cardano?

MDT3

VeChain on the Macro looks ready for a run up to Wave 5 which lands between the 261.80% and 361.80% of the Fib Extension. Before the rally a golden cross formed (50DMA, 200DMA). A new golden cross has just formed.

MDT3

VeChain had a golden cross followed by a dip under the 50DMA in December, which was then followed by a rally. Gapping above the RSI trend line in late Feb as well as a gap above the prices upper ward trending support line coming out of a Broadening Wedge is what then lead to the parabolic move of 665%. Will history repeat itself?

MDT3

In this trend analysis it certainly looks as though the trend is our friend. Currently back testing the now flipped down trend to support.

MDT3

A close up and over the 20 Week MA would be a good indication we’ve broken to the upside.

MDT3

Doge moving into the upper boundary of the Schiff Pitch fork, looking Bullish!

MDT3

Gold coming out of a correction, setting into a nice pullback..

MDT3

Following the bottom trend line/resistance along with the bottom channel of the Schiff Pitchfork, it looks to be indicating the end of a small bear takeover. Getting passed the $1.09 resistance will hopefully push forward up and beyond to the upside for ADA!