RSI_Trading_Concepts

https://www.tradingview.com/x/HJMDXcos/Algorand ALGO inverse H&S developing, target .48, need to close .26 daily.

https://www.tradingview.com/x/U41SnntT/Aptos H&S in the making Target $8.20 if this turns into a bottom here—probably in a week or two. APT long in place but might get a strong wick down first.

🚀 Bullish Breakthrough for Bitcoin on Weekly Time Frame! 🚀Just in from RSI_Trading_Concepts on TradingView - the Bitcoin weekly chart is a beacon of bullish sentiment! 📈 The analysis highlights how the #BTC bulls are not just defending but thriving at the Overbought (OB) zone low on the weekly time frame, showcasing their strength and determination. 💪🔹 Key Insights:Following a significant breakout in late 2023, Bitcoin has been on a steady upward trajectory.The bulls have impressively defended the OB Low at $53,841 on the weekly chart, indicating strong support within this zone.This defense of the OB Low, especially in an overbought RSI context, suggests that the market sentiment remains overwhelmingly positive, with momentum favoring further gains.🔹 What This Tells Us:This isn't just a defense; it's a statement from the Bulls. Holding strong at this critical level, particularly after RSI has indicated overbought conditions, is a powerful sign that the current trend might continue. The market is showing us that despite being in overbought territory, the appetite for Bitcoin is still voracious.Don't overlook this signal! The resilience at this key level on the weekly chart could propel Bitcoin to new heights. Keep your eyes on this zone and prepare for what might be an exhilarating journey upwards. 🚀💹 #Bitcoin #Bullish #Crypto #RSI #TradingView

Measured move to .13-15 range.

https://www.tradingview.com/x/iIQFI6oK/All eyes are on Ethereum for a potential breakout. Forming a base in the green zone indicates a bullish divergence. As long as those low remains, stay on ETH for a long. Awaiting a close above the descending trend line and a close above the local lower high marked with a black line on the chart and RSI.

A RSI bullish divergence is forming for SUIUSD near support, indicating a potential upward movement in the cryptocurrency market, including Bitcoin.

The concept of an "accumulation zone" in cryptocurrency, like with Polkadot (DOT), refers to a price range where a significant amount of buying is occurring, often by long-term investors or "whales" who believe the asset is undervalued or poised for an upward price movement. Here's how it relates to Polkadot based on available information:Seems DOT is holding up in the accumulation zone with a bullish RSI getting ready for a move in the coming week. The Green Zon is the RSI Low using an RSI 7-period respecting the low zone Accumulation might be occurring here. Most Crypto assets have similar zones happening. Just looking at the bar patterns it's hard to see but with the RSI indicator, it looks positive to me.

Bitcoin is retesting a previously lost support trendline, with a daily bearish hidden divergence forming at resistance!

Bitcoin is currently probing its All-Time High (ATH) resistance zone, and given the uncertainty, the outcome is unpredictable. However, the price target of 77K, suggested by the break from the rising wedge pattern, remains a possibility. Meanwhile, the expected Head and Shoulders (H&S) pattern has not materialized. My take is this: if Bitcoin manages to close a daily candle above the previous ATH, the bullish momentum could take off!Here's my theory on what might be happening behind the scenes: The bulls might intentionally push the Relative Strength Index (RSI) above its recent lower high to set up a new baseline for a high. This could reset the RSI peak, avoiding bearish divergence signals at the ATH. After this reset, they might then pull back to test the local low before making another attempt to break through the ATH. That's just my speculation, though.

I'm still bearish watching the paint dry but I have missed some good trading opportunities. If the price goes back down, I will probably play this bottom of the disjointed channel and hope for a breakout hire. I'm not 100% at that level, just in case it breaks to the .20 level.