#Bitcoin Decision time
Support line acted as a bullish springboard on the previous test, this could happen again & send us back to testing ATHs
Approach with caution at this point as we are now below the 50rsi level on the daily chart.
I'll wait for line to break or bounce
#bitcoin 2Hr chart
Price has broken through the previous horizontal resistance/support line, for bullish player the line holds as support to confirm the R/S flip
I've circled an area of interest, with the possibility of a raising wedge this convergence of supports could be key
#bitcoin
Bitcoin has been trending upwards since the steep dump from $19k
Price has regained $18k today, will it run to ATH or turn red?
We all want to see price keep going up, but if it is going to turn red, a break of this 1Hr RSI trend line will give you early warning
#Ethereum 4Hr chart
Possible morning star candle forming on 4Hr, ideally we want to see it close green
I'm bullish once we are back above red trend line and mega bullish back above the white line
Channel is support, 1 candle close within it will likely see us test the bottom
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#BTC Dominance looking pretty important here.
Tightening triangle formation, resistance and support very close.
Notice the stochastic RSI looks primed, with BTC price level for a few days, could this be the spark to see volume return?
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$SHR Flowbacks started yesterday! Our Masternode holders noticed an increase in tx numbers on the @ShareRingGlobal main net yesterday. It's ramping up to an expected 500,000 tx per day.
Our node holders all celebrated and shouted "Yeah baby!!" late last night.
@CryptoMIB If that plays out everything will pump, I'm approaching this week very cautiously.
With election, brexit and lockdowns anything can happen imo
Decentralised exchanges like #uniswap are good for the #crypto space, however they have certainly presented some issues.
Fake projects rug pulling on their investors and running with the money.
A solution is required
@ForesightDeFi are developing that solution, learn more here
Whilst bitcoin is taking a breather, I believe we will see the major alts play catch up.
This could very change very quickly if Bitcoin starts to rip again, so tight stop losses required imo
Oh and isn't it funny how quickly sushirolls and pancakes were forgotten about