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Bearish divergence and the cross have just happened on Bitcoin dominance.
This indicates that #altsesaon huge run is underway.
#altcoins
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PITBULL SHORT TERM FORECAST The PIT price action looks promising now. We're a few notch higher than yesterday. Cheers! At the moment, PIT is trading at 0.00000000046. Yesterday's bullish falling wedge in the 12H chart has progressed. A green candle has broke out above the wedge. Confirming the upside target of 0.00000000053. To recall, the KDJ oscillator is anticipating a bounce back to 0.00000000053, further confirming this possible bullish momentum. Moreover, the bullish double bottom in the 6H chart is still valid. Upside target is still 0.00000000072. Well, price is still low. A good time to DCA. FOLLOW for more.
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I promised days ago, that Im gonna start charting PEOPLE. Unfortunately, I didn't see any good signs, the past few days, and the chart is unclear yet. But now, I think I got the picture. At the moment PEOPLE is trading at 0. 072. Yup it has slumped along with BTC. In the daily chart I can see a bull flag forming, candles are now hovering at the bottom of the flag. Suggesting that price may reverse as candles will ultimately climb back up to touch the upper portion of the flag. Recently the KDJ oscillator is suggesting a bounce back to 0.082 and consequently 0.126. There's a heavy band of KDJ resistance along 0.08, so expect a rough ride along this zone. Well, people is still bullish but do expect dips from time to time until it reaches the 0.126 target. If you've been reading my post for a while and has found it helpful, please FOLLOW. By the way, if you're still looking for a safe, low cap, x1000 token checkout PITBULL. #PEOPLE #TechnicalAnalysis #buythedip #Pitbull #MemeWatch2024
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After a quick blast to the 70k zone, BTC immediately dropped to 65k. Is market now bearish? Let's see🤔 At the moment, BTC is trading at 66.4k. On its way down, red candles has managed to break several KDJ support. So the ultimate question is, should we anticipate another drop? As of now, the KDJ oscillator suggests that there's no panic selling among whales and retail investors. Simply put, the present sell volume may not be enough to drag the price down to the 50k dumps. The next daily KDJ support is at 64.9k. Anticipate a bounce back in case price drops further and touches the prior mentioned support zone. Dips and retracement are normal and desirable in every bull market cycle. To recall, I told you weeks ago that 71k and beyond is the ultimate KDJ target. That still stands. Ohh if you've been reading my post for a while and has found it useful, please FOLLOW. By the way, if you're still looking for a safe, low cap, x1000 token, checkout PITBULL. #BTC #TechnicalAnalysis #Marketupdate #buythedip #Pitbull
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PITBULL SHORT TERM FORECAST PIT has dropped and is now trading at 0.00000000044. The general price flow is heading up since the bullish double bottom in the 6H chart still stands. Upside target is still 0.00000000072. Price action is now well below the consolidation zone of 0.00000000046-48. KDJ is anticipating a bounce back to the 0.00000000053 zone. I'm also seeing a new pattern in the daily chart, it's a bullish falling wedge. Candles are still moving within the wedge, hence a drop to the 0.00000000042 wedge apex is possible but is not confirmed yet. Anyhow, today is still a good time to DCA. FOLLOW for more.
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PITBULL SHORT TERM FORECAST We see the same odds for PIT. I'm sure you guys are bored😅. But please don't be. Consolidation takes so much time at times. We have the same bullish double bottom in the 6H chart and upside target is 0.00000000072. This is a really huge target, hence the need to move sideways to make a strong and steady support. Right now, PIT is trading at 0.00000000045, which is below the consolidation range. Yes, it's still the best time to DCA. FOLLOW for more.
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