Fibonacci; A, B, C being a deep 78.6% retracement , and D being our .64 - .71 targets. Falling wedge , waiting for 3 touches each on the support line and resistance line for this to be a valid falling wedge pattern - next possible routes shown. Bullish RSI divergence. Could see a little more downside here before we see some upside, but the bullish sentiment is...
Historic bounce off of RSI oversold support line. Hidden BULLISH divergence on MACD to confirm upward trend continuation. Price respecting the upward trendline dating back to JULY. Price fulfilled long term Fibonacci 'ABC' pattern, waiting on price to reach target 'D' (0.22494) - our first take profit. Price also completed a short term Fibonacci sequence, 'ABC',...
Load up heavy in the long zone. Hodl until price reaches targets. Easy money.
Band trading inside a massive trend channel dating back to August 2nd, 2020. Recent exaggerated bullish divergence formed from the 19th of May 2021 to the 22nd of June 2021, followed by a trend reversal from the bottom of the channel. Price following upwards trend line within the channel, keep an eye. Dollar cost average on dips, take profits at targets. Good luck.
Given how bullish we all are on VIDT, I think it's safe to say we can expect an upwards breakout from this descending triangle considering we are in a bull market and a lot of other coins are running. If you follow VIDT closely, you may have become aware of recent FUD regarding a potential token merger between LTO and VIDT in the future. It has already been...
Checklist: Higher high: check Increasing volume: check RSI bounce off support: check MACD about to cross to the upside: check Breakout from triangle is near, enter now with a 5%-10% SL as the current daily candle hasn't closed to confirm the HH, or wait for the breakout and retest for maximum safeness. TP 1: 25%-50% at 0.12 TP 2: 25%-50% at 0.16 Buy the dips...
ENJ exceeding the top Bollinger bands as well as having an overbought RSI, looks like its time for a cool off from a nice run. Re-entry at .5 fib retracement. I put buy orders for .27160 - GL.
The longer it takes to correct, the higher the bottom price will be. If the correction occurred this month, the bottom could be around $16k. If the correction occurred in February, the bottom could be around $18k-$21k. If the correction occurred in March, the bottom could be around $21k-$26k. This is assuming Bitcoin respects the parabola like it has in past...
Just an idea but you can see how heavily over bought BTC is on the weekly .. currently over the 90 RSI. You can see that I circled other RSI periods where Bitcoin was over a value of 90 and how it soon corrected afterwards.. the longest period Bitcoin hovered over 90 RSI was in the 1st 'bubble' which lasted for seven weeks before taking a dive. Same thing with the...
Been accumulating a lot of $BAT daily - .30+ soon. Daily Fibonacci confluence with monthly Fibonacci setup. Volume picking up, EMA 50 curving upwards heading towards EMA 200 golden cross.. break out soon. Buy and HODL, patience is all it takes. BAT will be a performer in this bull market.
*Not financial advice* Possible retracement to trend line or golden fib ratio as Bitcoin is in the over bought territory as per the RSI and Bollinger band indicators.