I think it is highly likely this Hidden bearish divergence will play out. The RSI has been doing exactly what I've predicted. RSI making significantly stronger upwards moves than the price action. I think RSI will move to target and price action may continue to move up in the short term until RSI reaches that target.
Finally the Divergence is playing out, plus there's some rumors and news trickling out about FTX.
So we just had a hidden bearish divergence form the past week and it played out. However, it could still play out even more as observed in the chart. What confuses me is the fact there is also a bullish divergence playing out at the same time. Lol, can anyone explain this to me??? so if bullish divergence plays out, RSI will creep up, price too. Then hidden...
Just a quick hidden bearish divergence forming, I'm picking up on this pretty quick.
On my last post I predicted BTC would fall during the weekend potentially to 57k. This analysis is invalid by todays pump. Over the past couple of months BTC has pumped during weeks and gone sideways or fallen during weekends. This pattern was reversed this weekend. This may signal the start of a new trend, "pump it up weekends." I believe end of month is 98k.
Hidden bullish divergence on BGFV expect a strong breakout
BTC despite the doom and gloom looks strong. We will see BTC rise up to ATH soon.
Could the previous move up be a bull trap? Comment what you think!
Bitcoin makes a big dump. I'm predicting as the price of bitcoin increases the dumps will also be bigger. Remember we have to follow this logarithmically. I expect more volatility ahead. I am expecting 98k end of month. I think BTC is being setup for a huge pump right here, Quickly shaking off the leveraged longs.
www.reddit.com Please refer to the reddit post for more info^^^^^ According to iborrowdesk.com There are only 300 shares available to be shorted and on top of that borrow fees have risen to 7.8%. You know what that means SHORT SQUEEZE
I think Cardano has now confirmed it's breakout. I expect some volatility in the coming days. I believe Cardano will act very independent from BTC. Meaning I don't think it will be affected much by BTC swings as some other crypto currencies. I believe Cardano will retest ath's in this next push up and reach $4+.
www.reddit.com In-depth analysis, can explain better than I can.^^^^^^ But essentially a similar situation to GME was. A highly shorted stock that is debt free, making profit, and other good fundamentals. Currently BGFV is the most shorted stock in the market. The special interest date will be a big event. Whether it squeezes or not, this stock is a great buy....
On the last post I predicted doge would retouch .25 and finish it's correction. While it may not have finished it correction. It did retouch .25 and it currently hovering around .27. BTC has finally reversed it's bearish trajectory and I believe doge will follow it up. I think we are in the Elon Musk Zone and we could receive a bullish tweet and pump soon. Next...
Doge has done exactly what we predicted one week ago. Doge would be doing better right now but BTC is doing bad. Doge will closely follow BTC this weekend. There's a high chance doge goes to .25 once again. However, .25 is a very strong level so there's a high chance it holds this range. Anything can happen with Elon's sporadic tweeting lately though.
BTC failed to push up this week. If history repeats itself, it will fall over the weekend. Many people see a fall to 52k. I personally see 57k and bounce off that. I think monday will be a green day.
I am a strong believer in the S2F model. It has correctly predicted previous BTC peaks and end of month figures. For the short term though, BTC is looking very unpredictable. Many bears are quick to spread FUD about a potential double peak. Things are really not that bad for BTC. Nothing compared to september. As long as BTC does not have a huge long...
This is my first post on tradingview. Doge had a massive 40% surge yesterday night from people booking profits on shib and pumping into doge. Doge looks very bullish but first it needs to correct before further pumps. We can see the 34 cents level is a historically a tough resistance to break. Look to btc to see what doge does next. Critical 25 cents level has...