oliver1fraser

Price has reacted just as expected around the grey boxes. If we can break up I think the red levels will be important to study how price forms. This will provide a good insight into where price could go next.

XRP/BTC has a very simple range pm the weekly. I would like to see a big flash dump before making any new move higher, especially considering RSI has reached around 88. To keep momentum around such a high RSI, I think it will need to see a big pullback into liquidity for a boost into new highs.

So many people saying alt season but I think it's about to be Sundog season. Sundog is the biggest dogcoin on the Tron network, with a market cap of only $144 million compared to Solana's biggest dogcoin, $2.7 million First price target $0.20

Placed an order at $1.064 once price had already swept the low, price came back down and filled perfectly on the retest. You can see RSI and OBV showing a change in volume and momentum to the upside before price does.

Both OBV and RSI show weakness as price makes a higher high, this is a perfect indication of a trend reversal. OBV (on balance volume) measures buying and selling pressure, RSI (relative strength index) measures the momentum of price. Combining these 2 indicators allows you to identify a change in the market before price does.

Drew this idea out in late April and forgot about it. I didn't get in on this trade, however it provides a great example of how volatile altcoins can be. 77% over 20 days or so and then all the way back down in less than 2 weeks... I think this coin will see a mega pump soon