Btc #btc bearish scenario? Btc has closed five consecutive weeks below 120000 usd, and there is also a bearish divergence in the weekly timeframe between the price and the technical indicator. These two positions analyzed closely allow us to express that a bearish pullback on the weekly chart is gaining strength. 👀 Pay attention to what I'm saying, a pullback and not a trend change, but will it be immediate? NO what would be the confirmation? That the price on the daily chart attempts to surpass the previous high and fails to do so, that would be the confirmation. If you share this analysis, support me with a like 👍
#skyai we're seeing a correction coming, the chart is showing a bearish divergence between the price and the RSI, indicating that a correction is due on the 1-day timeframe
#aiot Weekly analysis, AIOT has hit a low of 0.00889 and since that price point, it has shown a steady rise over a period of 5 consecutive weeks. This bullish movement should be considered a structural change from bearish to bullish. How do we trade this coin? Knowing that the structure is bullish, we trade in favor of the movement. Where do I make my entry? A pullback is expected on the H4 or daily chart, and we trade long.
#tradoor Another collapse added to rave, siren, sto, aria. The charts are giving insights into what they are; both aria and tradoor have their candlesticks manipulated noticeably. The wisest move is to steer clear of these coins.
#nom the price action has shown a bullish signal, this is the bullish divergence between the price and the rsi, indicating a correction upwards in h4 timeframe
#prom is bullish due to a change in structure and the volume supports the rise, should we open a long position there? No, when the price retraces on H4 and turns upwards, that's when to enter long.