The chart shows a setup similar to DOGE's previous parabolic rally, with the price breaking out of consolidation and clearing key resistance. The long-term trendline indicates steady accumulation. It appears reasonable to anticipate the next pop within the next month, but this is clearly speculative. We will see.
From what I see, it looks like BTC is heading back toward 19k, possibly within the next 6 hours. I'm thinking it's heading back into the 15m ichimoku cloud (support inside the green cloud). You can see the bullish volume is slowing down, and the EWMH indicator trend (15m) is bearish.
Looks like Doge may be in a symmetrical triangle right now. Whichever way it breaks out, it will likely explode or plummet in that direction. Usually it's a continuation pattern. If you saw this post, give it a like so I know you saw it! Cheers!
I kinda spelled it out in the chart, enjoy.
BTC is near this High Volume Node. In the short term (15m), it appears bearish, although the 4H has not chosen to be entirely bearish yet. While the signs are pointing to more bearishness, BTC is above this High Volume area. Could change, so watch carefully. Stuck within this range until it decides to break one way or the other. Until then, still above that high...
Look at what happens. Every time we get a cross down on the indicator, we get a 5% pullback in SPY ($283 this time). I think we will see this same pattern repeat within the next few trading days. I'll consider a crossing of the EMA20 (yellow) below the VWAP (white) as a confirmation signal, although it will be delayed. In addition, crypto market (BTC and ETH)...
Yah, so there was a recent spike in bearish volume which was that initial rejection from 10k. The bullish trend continued afterward, but the daily volume to accompany it has been declining. So declining bullish volume is a sign of a slowing trend (ie. a loss of momentum). Good luck traders!
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Feels like this is a temporary pitstop on the way to lower prices. I have a feeling BTC is going to follow through with a continuation and sink again. But as usual, this is clearly speculation and I'm not going to pretend to know. Good luck traders!
ETH looks like it's ready to retest 200/195. The next 12 hours will be crucial. It seems to have already chosen a direction (lower), although it wouldn't take much to trigger another bull run. If I had to bet, I'd say some of those buyers that FOMO'ed in on that fast run-up will be exiting soon, and other buyers will just watch for lower prices rather than...
Not looking good folks, save some cash and be prepared to buy the bottom when it arrives!
Speaks for itself. If follows same pattern, ETH could see sub-$150 fairly soon. Beware!
Looks like it's gonna come back down a bit. Let's see.
If ETH isn't able to maintain this red fib level and the support there fails, I think $165 may be a possibility. Let's see if this level holds. Good luck ppl!
These look like similar situations. It might follow through with the bull phase within a couple months, or this may be the local max before heading much lower. Pay attention, because either way, volatility and volume will likely increase along with the chance for a larger move. The Fear & Greed index is at 19 (extreme fear), increasing the likelihood that FOMO...
Looks similar, take from it what you want. I just like to find patterns that might be helpful. Good luck ppl!