averkie_skila

So, here are three rebound scenarios on the 1-week chart. 1. A favorable rebound from the cloud angle. This often occurs when an uptrend continues. The price tests the cloud angle (Senkou Span A), finds support there, and begins to rise either the following week or in 2-3 weeks. 2. Structure protection. As long as prices are above the cloud and even within the cloud itself, the structure is not completely broken. We have seen rebounds from the lower border of the cloud (Senkou Span B) more than once in this market, which is technically possible as long as the Kijun and Tenkan lines have not crossed this very border. If this border is touched, the price should rebound immediately if it is still an uptrend. 3. Breakout. All I can say here is that there is a 99% chance that it will be stopped at the historical ceiling of 69,000, and further information will be needed.

Damn, the picture looks like a carbon copy TSLA. There may be a few more sideways candles, but the overall picture points to a correction.

You know what that is, right? Not every divergence works out. But with larger time frames, the chances are higher.

If so, then this thing won't stop until it reaches the purple level. That's where the correction could really begin. I'm not ready to say when yet, because the angle of attack could be either gradual or exponential, depending on the economy and the political situation.

Very similar to many others, a bullish flag, preparing to break through the price ceiling. Let's see what awaits us in uncharted territory.

The listing formed a ceiling level of 7 cents, and it is clear that the bullish flag we are currently seeing and the RSI rebound are designed to break through this ceiling. Beyond that lies uncharted territory.

As with any other coin from the OTHERS list, I will repeat myself (especially for beginners). Altcoins do not have their own monetary destiny. They are under enormous pressure from Bitcoin and its dominance, Ethereum and its dominance, Tether and its dominance, DXY, SPX, and gold. So many heavyweights are piling into such a small and fragile market. But when a number of conditions come together, anything is possible. FLR looks like it could break through its listing ceiling, and beyond that, it's impossible to say how high it could jump because there is no history above 9 cents. I will continue to watch and hold. The structure looks good.

Depending on what waves of liquidity will be pumped from bitcoin to slagcoins, many things are possible. Faster? Lower price. Slower? More accumulation, stronger level protection. LaRSI may be preparing to storm the 20 line on the weekly chart. Positive. You may agree or disagree, at your discretion.Just don't react to the dates. I just used the tool to show top point of the channel.

The bullish divergence has been confirmed. The first weekly green candle Heikin Ashi since the beginning of Feb. The reversal can be very tricky. Don't even look that kijun and tenkan make a possible cross. With this combination it can be some sideways movement but not more.

MEW is showing bullish divergence at the flag formation. It is a very significant signal. Let the day come!