Possible end of wave B with momentum waining and looking more like a dead cat bounce with topping action IMO
It seems that this brutal drop of SandP as found a bottom for a nice bounce, Could this be a buy the dip?
if weekly closes above 21 ema i will be entering longs
On balance volume using a bolinger band around it. . .
does this prove how oscillators will be working in Bitcoins uptrends
The volatility dropped off as the squeeze was contracting and the expansion followed with strong volume , Simple ways to know whether to stay in the pocket or not
The accumulation on this trading pair has been strong and the chart has been one of the best charts in the cryptocurrency market through out 2019 and 2020 The RSI has regained EMA being pulled into the EMA and pushing off (Beautiful) I believe is going to be one of the biggest gainers over the next two years, comparable to ETH in 2017
The On Balance Volume is a great way to confirm false breakouts and whether or not a level (support or resistance) is going to hold. Breaking out of the channel descending triangle has confirmed the exit out of the last bull market confirming it before price action before we resumed the next uptrend
The On Balance Volume is a great way to confirm false breakouts and whether or not a level (support or resistance) is going to hold. Breaking out of the channel descending triangle has confirmed the exit out of the last bull market confirming it before price action before we resumed the next uptrend
Bottom forming, beautiful setup on squeeze momentum, looking good
Using RSI and OBV patterns for Continuation confirmation same as you would draw trend lines on candles, I find the indicators pattern's more reliable
bullish Div on RSI has been one of simplest and strongest reversal confirmation along with bullish hammer on previous weekly candle confirmed all while breaking out of a long distribution pattern's top trendline
breaking out just waiting for the big up thrust