I know for sure, been foing this analysis since 2018.
Here are my support & resistance levels for the coming days. If BTC falls under the first trendline, I expect a drop or multi-day sideways movement. If it holds, to the moon we go.
Breakout here is very probable, Litecoin is ready to moon!
Just sharing... Let's see how low can it go.
It would be great if BTC break this downtrend. If first support at 14170 holds, I think it will go up. Lol, I have no clue what I'm doing.
It's so beautiful I couldn't resist the temptation make another useless idea. Up we go. But let's wait for a confirmation first.
I'm expecting a little dump before trying to break 8000$. Bulls are pretty strong right now, RSI and MACD look pretty good. Breakout of 7840 will be a buy signal. TP is around 8200$.
Various indicators show "oversold", volume is moderate. BTC will probably gain some value today. Let's hope for the best.
Our lovely Chikun shows signs of exhaustion. We can see a small volume/price divergence, and the MACD's lines are about to cross. I believe we can pull back to around 56$ at most.
Here's my POV: LTC is consistently refusing to leave the bullish channel, orbiting around the pivot and bouncing off the support & resistance prongs. Volume momentum repeats price movements, and volume amount is balanced and shows clearly visible pattern. Recovery after each previous jump took around 4 days, the next pump is likely to happen at 12th of August (in...
Godmode and other indicators indicates upside in the next move. There's enough volume and we've also crossed the 0.618 Fibonacci retracement line.
There's an increasing amount of volume, maybe enough to keep price above the support prong. There's a lot of movement and RSI shows us that BTC is oversold.
It does not look very clear for me at the moment, but after analyzing the RSI and volume indicators I came to a conclusion that we're heading east. There is enough interest in BTC backed by increasing volume amount. I believe we're ready for the next bull run!
Some basic trend lines and indicators. Notice the bounces from Fibonacci levels. Let's see if BTC can stay inside the pitchfork. RSI and MACD look promising so far. I believe the psychological $3500 level can now act as a support.
Trying to apply indicator info, wish me luck... My guess is that ETH is not going to take new heights in the coming hours, but it's position is rather strong. I estimate a more or less significant price rise in about 12 to 15 hours. I wonder if it will be able to hold new positions.
Price, RSI and Volume indicators look promising, I believe we'll keep this tempo.