minorcontrastDetour

Log scale, indicators used are Bollinger bands, VFI, EMA ribbon,PMI(Purchasing Managers Index) and RSI. On multiple timeframes, the price action is at significant resistance; the dynamic local trendline, or wedge support, has been broken; and the RSI is acting in a manner that is very similar to its past significant pivot points. For those who don't know, PMI indicates whether the US manufacturing economy is growing or contracting (50> 50<).It was 65 in March 2021, in the month of November 2021, it was 60 . Right now, it is at 48.5.USDT.D is about to leave the cloud on the 1W Also Stoch RSI on TOTAL

An ascending broadening wedge pattern formed at the 2$ level, followed by a rejection to the 0.7 demand zone. A decrease in bearish momentum can be observed. While Others.D remains bearish, USDT.D exhibits indications of a weakening local trend. The seeming weekness in BTC.D and the strengthening of the large cap alts(like ETH) could be a plausible explanation. In such context a retest of the prior trend with a positive divergence  on the KDABTC 1M timeframe bears significant importance.I haven't seen this chart. Any reversal will most likely be local only.

Overbought, broader market trend is bearish, localy we are in a bearish consolidation.

Check your charts comrades, the circumstances are not the same as they were in 2020, DXY is trending up.

BTC is overbought and we have some strong divergencies on the daily and on the monthly. 30-35 k could be the target.Dominance is getting ready for the moveI'm still bearish, partial rises are common in such formations.Here we go

A 15x opportunity We can see a long horizontal consolidation with positive volume picking up after the last move down. Looks like good reward to risk.Comment: Not bad at all.Comment: Also back in the day.

Moon for Gas 1) Retraced 89% to a major trendline. 2) Hidden bullish divergence on RSI (also stoch completely oversold) . 3) Currently is trading in a huge falling wedge. Minimum target is 11$, max-60$.Trade active: Breakout against USD and BTC.Comment: Looks like a fakeout so far, though it can fill the wick in coming days.Comment: Gas is heating up; let's see if it will manage to hold the price.Comment: This pattern could potentially take it to the ATH.

RNDR is almost ready for launch Sitting on support, RSI looks good, loads of positive volume. Possible targets could be 4$ and ATH.Comment: Bullish consolidation on display.Trade closed: target reached: Don't really like it anymore, maybe 4$ is too steep. Kinda breakout against BTC, but then again, broadening wedges are notorious for partial rises. I don't know. could be last ride to 2.5.

Good News for Bears The last time such a divergence happened was Feb-March 2023 and before that, on 22nd June 2020. Logical targets are 30k and 35k for now.

Up to 200% mid-term Price action is trading above the mean and now testing it's previous resistance turned support. I would say that there is a good probability of rejection to the upside.Comment: Good buy zone. Impulse is likely.