BTC is showing signs of a buy signal on the 1h chart. The lagging span has pierced the Ichimoku cloud and the K line is crossing over the D line of the stochastic RSI. Futhermore BTC has found support on the centre line of the Bollinger Bands. If BTC clears the downwards channel (green) trend line then we could be back in bullish territory. The 4h chart is less...
Same same but different. ETH shows the same patterns as XRP short-term. The lagging span has so far failed to pierce the Ichimoku cloud. Futhermore the K line of the stochasitc oscillator has crossed over the D line indicating a further downtrend. The last green candle met resistance at the upper Bollinger band. So unless the lagging span clears above the cloud,...
This idea is following the same pattern as my previous XRP idea. If the lagging span of the Ichimoku cloud pierces the thin cloud above then we would have a clear buy signal. Futhermore the VWAP has crossed the 50 MA quite aggressively.
Continuing from my previous idea for a potential short-term increase in XRP, the lagging span has so far failed to pierce the Ichimoku cloud. Futhermore the K line of the stochasitc oscillator has crossed over the D line indicating a futher downtrend. The last green candle met resistance at the upper Bollinger band. So unless the lagging span clears above the...
While XRP remains predominantly bearish, we have a few signals here that could indicate a short-term uptrend to our previous resistance (red-dotted line). We have pierced the Ichimoku cloud and the VWAP (pink line) has crossed over the 50 MA (blue line). If the lagging span of the Ichimoku cloud (black line circled in yellow) pierces the Ichimoku cloud then we...
BTC still showing dominantly bearish signals. Possible consolidation under the Ichimoku cloud and heading towards the potential buy zone published earlier today.
My 1st TA after a few weeks of research and being in the crypto space. cdn-images-1.medium.com