lots of similiraties with the past , been following the fractal since theformation of the V
the 50MA 3d, the curve support and the dianogal resitence that one time broken became support did hold the price nicely. I think 200MA 3d could be a good target if we manage to break the 200MA weekly by the the RSI will be in quite high numbers.
in the past when we have broken the rsi , resistence in the weekly, we will start growing there is some resistence ahead so we could do a move like this
If we want to start the recovery BTC montjlt will need to stay above 22k. and we will like to keep the breakout in the resistence of the monthly rsi
looking for comfluence. in the 3d chart. support from the previous 2 bottom and a descending wedge, that will help to leave this downtrend. plus other support from previous prices
so we have to bear things the resistence of the 200MA weekly and the death cross of the building the bull one everytime we have gone up from the bottom of rsi we have a good rally, only time we broke it and came back was 2015, other thunk to take in account is this is always had happen after a bottom of the market
I been following ETH for a while and if the day close will be the first time we stay a fullday above the 200MA since january 2022 , this is a great bullish sign, but we need to stay above i am still surprise not to much people is mentioning how ETH is in a much nicer position agaistnt the weekly daily MA than BTC we have cross the bull support band and the...
we tested the 50Ma 4 times and we broke now we are testing the 100MA for the 4 time it could break soon
comparision of bull support band between this and the previous cycle. firstiable we bounce form the 50MA weekly 200MA 3d one time we lost it, the drop was significant. 300Ma weekly as the farther we went,
nobody is talking about the previous body of 2017 weekly candle is holding the actual price. and the rsi is been in his lowest and could from a double bottom
There is a lot of thign helping to make a bottom. rsi lower in history(oversold) fear and greed in 6 lower in history volume is hear. We just need next week to get above the 200MA , as we done in the past. Bitcoin has never been bellow the 200MA with a full candle before.
following previous post i ben targeting the 200MA since january 10, we we loose the 50MA rsi is really really low, and we have the bodies of the weekly on the 19K. i think 200MA could hold at the end of the week. we are quite oversold
Until now any test of the 50MA weekly as resistance had failed and end up visiting the 200MA weekly. The main support that is been holding us is the 200ma 3d. if we break it expect a sell to the 200MA weekly around the 20K. In 2018 we fail to break the 50Ma weekly and the rsi was in the similar place we are now. check the too lines in rsi, and if we break them...
in 2018 we bounce for the 50MA weekly and later we broke it. after we broke it we tested it as resistence and we got support in the 200MA 3D until we broke it, we bounce a final time to the bull support band and later we broke the 200MA 3D the final target was the 200MA weeky, are we repeating the same.
could we do a bounce to 36K, we have a descending triangle structure , and we have the rsi in the same levels as the covid crash. I still think we will go to the 200MA weekly around 20k but can be we dont go ina straigth line.
each time in the past we broke with a candle bellow the 200ma weekly we visit the 200Ma weekly that is in the 20K. this will be the fourth time that this will happen , the more a pattern repeteas the lest probable can be, so that is what i am staying neutral
lots of resistance ahead, bull support band, 200MA daily 100MA daily , 50 MA weekly this could be a strong rejection Area.
reversal or temp bounce typical form is a inverse head and shoulder, before we even can think about it we need to break the first resistence target of a inverse head and shoulder will be 53