Charts| Cryptos performance - BTC Best Monthly RSI Sell Point
1.VRAUSD - Bullish RSI
As we enter a strong bull market altcoins like this one pop up all over the place The flat horizontal nature of the RSI suggests the trend is changing This RSI has been flat for 853 days, being in a bull market its only a matter of time before the breakout occurs. Keep an eye out for RSI's like this on other Monthly chart coins as it means they are most likely in...
2.BTCUSD - Best Monthly RSI Sell Point
Green circle is optimal sell point at the horizontal White rectangles show how similar the bull runs we are experiencing (2017 run) Still some room to move up for BTC.
3.Looking at ETHBTC's RSI
The RSI on the Monthly for this chart is nearly in the oversold zone This oversold zone is where I expect a strong recovery to form the right side of a W pattern on the RSI itself. Right now ETH is underperforming compared to BTC and is a great choice for the alt season run. The sloped green line is where the RSI line will find support.
4.NEARUSD - Support Leading to Up Move
Fib support at 0.618 has been found which is a good candidate spot for a strong bullish move Possibly price might move up to 1.414 but the bars pattern I have plotted in green shows a more conservative target for this alt run. This bull move is the result of a large inverted H&S, we are experiencing the right shoulder
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Great article, would you like to share it?