ANT has been in a bearish trend since the beginning of april and is starting to signs of a reversal. What key points catch my attention? We're down almost 80% since the top. Breakout from descending trendline A very nice Bullish Divergence on the OBV This level is good support and we're slowly accumulating here. Willy's and Stochastic are still in a downtrend...
I think things are looking extremely bullish for MONABTC. On the weekly we can see us reaching a long term support line and nicely holding it. On the other side we have a decending resistance line. Combined they form a falling wedge. We're currently breaking out of this wedge that is situated near the all time low. This gives us tons of upside potential and...
Absolutely love the Komodo Bitcoin pair's weekly chart. KMD has been in a falling wedge since 2018 and might be ready to break out and go for a big run up. TA - Falling Wedge --> Bullish pattern - Long term Bullish Divergences on OBV and MACD. More recently Willy and Stochastic joined the bullish div party. 🥳 - Risk to reward (0-ATH) 34:1 <-- that's huge. -...
Litecoin vs BTC has been in a falling wedge for a few years now. We're now approaching the lower end of the wedge and if there's ever a time to start a rally against BTC it's now. What does TA have to say? We're trading below both the 50 and 200 Week MA. A breakout above the 50 MA would be a good thing as it's at about the same level as the upper end of the...
The BTCUSD pair made it's first move up after this correction. What does TA say? We reached the 0,382 fib level from the bottom of the correction. This is the first hurdle we need to take to really say the correction is over. So far the level hasn't been flipped into support. So either we turn it into support or we move lower for a reload. On the 1hr timeframe...
I think we're in the final part of the correction. what does TA say? We are still between fib 0,382 and 50% where we've been ranging for a few days now. This can be a good point to turn to the upside again. If we do lose this level we can go down further towards 40k Here we could Touch 50D MA Come back down to previous swing high Come down to ascending...
The KSMBTC pair is trading around it's ATH level. If we look at charts we can see a bearish divergence on the daily chart. We can see higher highs in price but also see lower highs on the indicators. This is a sign that there's a weakening of the current trend and a possible reversal. Target for pullback is the green box Let's see how this plays out.
BCH is still a bargain when you compare it's price against BTC. If BCH is able to hold the bottom of this channel the rally afterwards might be a great one! Indicators are definitely moving toward oversold on the 4hr charts. According to fib retracement BCH is trading in a nice reload zone at the moment. Let's see what the next hours/days will bring Cheers, W
BTCUSD reached important LT Resistance and might be ready for a reversal. Multiple indicators show Bullish Divergence The location of BCHBTC is good for entering trade. This is our number one check to make. If location isn't right there are no options to open a trade Risk to reward from this point to ATH & 0 is almost 20:1 so very good. If we can see double...
Weekly UBQBTC Is looking very bullish at this point. Tons of W's both in price and in Oscillators showing us that the bottom might be in and that we are ready for a reversal to the upside. Willy's oversold W in Stochastic W in MACD W in OBV Other than that there's the location. This project is down so much that i now have a 120:1 risk to reward. Doesn't look...
Lot's of alts have been doing crazy gains over the past few months. Even after the correction that is happening right now many will still be to high to enter. MONAUSD is one to keep an eye on. Green Zone is reload zone based on fib retracement. Risk to reward in green zone is 1:10 Ideally we see Mona breaking above long term descending trend line, coming back...