One of my favorites right know in the space, already 60% up since entry. My option where the next moves will lead. This is not a trade advice, only for my education.
falling wedge in play with a fakeout breakout. waiting for a dip into the marked area. no financial advise. doing for myself and my education
looking for a H&S forming on 1h chart. waiting for confirmation and we could see ATH coming.
Here is a possible scenario for "UNI/USDT" on Binance. If you missed out this train, you should try to catch the entry on the red marked "re-entry area" from another ABC wave structure. RSI is targeting overbought areas but there is still room for an uptrend. Looking for the final target in the green box with the final C wave. Possible a spike also to the upper...
break of that trend line would be an bloody path for alts.. otherwise there should be room for alts to grown more gains. what you guys think, which scenario will take in place?
Watch your bags, BTC is heavy overbought now - new ATH for the RSI! On the weekly we have an RSI value of 95. On the daily close to 90. Be careful guys
formed a cup & handle. looking for a strong trend upwards. check if you can claim some mir tokens: eth.mirror.finance
break of the trend line and we see a rise to the marked targets. not an financial advise.
Today I just analyzed the KP3RWETH pair on Uniswap. This one looks pretty good for me now. Respecting the uptrend channel and looking now for a retrace. The target areas are all defined with the trend base fib extension tool from the top part of each area box. So if the price doesn't bounce directly from that part of the box you have to adjust the target area box...
looking at the 1D chart there is a bullish divergence on the RSI. be patient
after the last days of the downtrend, looks like $hakka bottomed. its forming a bullish div on the 4h chart. keep an eye on that 👀
So last time the bearish divergence didn't play out, so will this time the divergence give us a pullback? Look at the RSI to spot the div. MACD crossed also. I think, yes and I wait for the area around the golden ratio. Look at the chart to see where I see a possible bounce after the pullback.
Possible scenario for Bitcoin for the next days
Watch your back...
This is my view on the current situation of the total market cap. If we cant brake the downtrend line which we already tested twice with a pullback in the past, i see a pull back to the area i marked in the chart. If the bulls can gain more strength, our first resistance will be the area around 300B $. Watch carefully and be prepared #tradesafe #notfinancialadvise
Price is sitting on the downtrend line from the past HL's. If we can break it to the upside, we see a possible finish of the third wave (C). Target area is the upper box.
WRX looks good for now - lets see if it can get another 50% gain