ETHUSD: The contract is into dominant down trend. The RSI is taking resistance at the bear market extreme with a NR formation. 196.50 is a strong pivot level. The contract needs to register a close above it to establish a trend change (as a double bottom is noticed). However any failure to move above 196.50 will lead to resumption of the trend down again. The...
Broadening pattern
Broadening Wedges
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hey guys here's an update on bitcoin, by looking at charts it's clear that we've got a huge parabolic wave 5 in last few days and the more quickly high we're going the odds are getting more likely for the end of wave 5, as i've said in my previous analysis that 6000-6450 was the major resistance level which was also oct 2018s high, but bitcoin completely destroy...
looks like $MITH has finally bottomed out and started to getting strength for higher moves. Mithril is one of the top Taiwanese projects listed on top exchanges with a healthy volume and liquidity, team is also active and working continuously developing the project. Despite all of this facts prices of $MITH has seen a dramatic fall from almost 9 months, where it...
hello guys, now this is what everyone is waiting from months, that when Bitcoin will enter in next bull market? and i think that now finally we've got our answers. now we could say with 80% probablity that we're now beginning with the next major bull market. as i've told in my previous analysis that 6000-6450 is the major level of resistance we need to break and...
finally we broke the 6000 barrier, now things get critical from here, as i said before 6000-6450 is the major resistance zone we need to break and hold for the next major bull market, usually prices falls back and retests the support levels, which in this case are around 4200 and 3200. fun fact is that despite of having negative divergence as shown by RSI bulls...
currently we are moving in wave 5 forming Ending diagonal formation, its better not to short from current level, we're looking for short opportunity when prices will break 5750 and 5600 levels respectively, targets are 4800 and 4200, go with low leaverage
