Short-term EOS has formed negative divergence again and RSI 69.1 rejection on the 30 minute time frame.
Negative divergence (RSI ~61.8) + Muathe "Uniformity" Resistance
The RSI backtest line should stall BCHUSD until it clears the line.
If you know where to find my technical analysis videos I will upload a video I did discussing ETHUSD when it was at 1,292ish since one could the resistance lines on this chart causing the instrument to stall. Keep in mind the current intraday high for ETH was at 1,299 (on Bitfinex) - and as we all know stalling around round numbers can be a sell signal unto itself...
Follow up to yesterday's hourly chart.
This is the first negative divergence in the market in quite some time. It is also showing RSI 69.1 rejection at the current time suggesting that the market is technically NOW able to move lower - short-term to test support levels. Should those support levels hold then the uptrend continues and, of course should support fail then we can expect this to mean a...
Failure to clear this short-term RSI backtest line means Ripple is ready to plunge after a spectacular breakout past $0.25 that I had highlighted - TWICE - about a month ago. Bang!!!
Failure to clear the hourly resistance line around the RSI 50 level might cause a move lower short-term.
BCHUSD - Short term RSI challenge cleared...
BCHUSD - Short term challenges continue...
BCHUSD - Short term challenges...
The current daily breakout for BTCUSD : on Bitfinex is 16,972, on Bitstamp is 16,650.01, on Poloniex is 17,730.12, on Coinbase/GDAX is 17730, and on Kraken is 16,889.30.
Watch the BTCUSD breakout past 16,972 on the Bitfinex exchange...
How to buy Ethereum - ETHUSD - short-term after Bitcoin's hyperbolic move.
How to sell Bitcoin - BTCUSD - short-term after any hyperbolic move.
Florin / Dollar - FLOUSD - with a monthly buy point when it moves above $0.1051 as seen on the Poloniex Exchange.
BlackCoin / Dollar - BLKUSD - has a future breakout level of $0.4191 on its monthly chart.
Saicoin / Dollar - SCUSD - has a future breakout level of $0.01018 on its WEEKLY chart.