Lower lows on the chart, higher high on the RSI. Possible hidden bullish divergence. Not trading advice but for people looking to sell their SLP earnings higher.
We are all hoping that today was the bottom. But $BTC still must hold above this weekly trend line at the end of today (Sunday) and hopefully going forward. Good luck and trade safe. Not Financial advice.
I'm new to identifying bearflags and tried to set this up to see if it works. Any advice or correction is much appreciated and welcome.As I'm unsure of the setup, most bearflags I've seen come down into the channel, consolidate before breakdown. Can they wick down into a channel, consolidate and be a bear flag. I'm unsure. Just gonna see how this playsout
I can't update my charts/post links for a few weeks till my subscription kicks in. But in reference to my last post "BNB-hits-hard-resistance" I have added a 5-day diagonal uptrend line that has broken down to the horizontal at 619, it remains to be seen if this area will break or flip to support. BNB is moving towards over-bought on the stochRSI and MACD is...
MKR has just been printing money laterly. Creators of DAI and the Collateralized Dept Position platform for ERC20. One of the lowest supplies in a gov token. Which is why it's no surprise it flipped Ether. Possible short already under way, we'll see how this plays into the next 4hr.
While BTC took a breather this last 4hr, ONTOLOGY was busy going parabolic. Even with other Alts retracing ONT is putting pressure on. Most likely a dangerous place to jump in right now. I expect many more gains from this one in the future. DYOR.
BTC passed the upper 58k resistance and into an 8HR bulltrap stuffed by a 1W old trendline from the last dump. Completing my idea that BTC would retrace and possibly break lower support. Red Doji
Speculative idea, DYOR. I've been following BTC along it's support today and price action was slow but BTC finally is testing the upper trend and could possibly see a short-term downtrend if not broken and held, and another test of support once again.
BTC is currently testing the upper level of previous ATH's. Let's see if we can finally break this and allow other coins like BNB to also break out. Or more consolidation and support testing. DYOR, just an idea. New community member.
This is not financial advice, this is a first publish, just to try it out. Not TA, DYOR. After an impressive rally this year BNB has had trouble pushing the ATH. Again on May 1st it struggled all day to get a Higher high (HH) after meeting resistance it retraced a bit. Although now it's currently oversold it still has a deep bearish diversion on the MACD. It's...