avatar
Matthew Dixon - Veteran Financial Trader

Following0Followers (X)22.01KPosts388Likes9.53K
avatar

#BTC’s shaded correction may be nearing completion. Hidden bullish RSI divergence keeps another leg higher in play. I’m leaning bullish here, but confirmation is still needed. A sustained reclaim of $79.2k would strengthen the case. Risk management remains key. https://t.co/lmPdme2hvN

avatar

#BTC’s shaded decline still looks corrective, keeping another leg higher in play. Hidden bullish RSI divergence supports that possibility, but price confirmation is needed. A sustained reclaim of $79.2k would strengthen the case that the correction is complete. https://t.co/LHtrYkX8SF

avatar

$BTC reclaiming the dotted resistance near $79.2k would increase my confidence that the correction is complete and another leg higher is underway. Hidden bullish RSI divergence supports this scenario. Now looking for price confirmation. If correct, higher #BTC should support #Crypto generally

avatar

#ICP: One scenario I’m watching is a larger ABC recovery, with wave B potentially nearing completion. The higher price low against a lower RSI low creates hidden bullish divergence, supporting a possible C-wave advance if market confidence stabilises. A bullish reversal and a break above recent lower highs would strengthen this case. Below $1.74, this particular count is invalidated.

avatar

#OIL pushing higher again, adding another potential headwind for #BTC and #Crypto. Sustained strength in energy prices risks keeping #inflation elevated and delaying monetary easing, weighing on risk appetite. One pressure among several, rather than a direct explanation for every crypto dip.

avatar

#BTC’s latest dip remains consistent with my preferred wave 4 count, potentially completing a W–X–Y correction. Hidden bullish RSI divergence and a developing reversal candle support the possibility of wave 5 higher towards $90–92k. A break above the recent lower highs would strengthen that case. The daily candle still needs to close.

avatar

The pink-shaded decline in $BTC looks corrective rather than impulsive, favouring another leg higher. Price has also formed a higher low against a lower low in RSI giving hidden bullish divergence that supports this interpretation. A break above the recent lower highs would strengthen the bullish case for #BTC.

avatar

#Ripple has received final OCC approval to establish its U.S. national trust bank. This could support sentiment towards #XRP, where I’m watching for completion of the correction and another leg higher. A sustained break above the descending trendline would strengthen that scenario.

avatar

#ETH appears to have completed five waves higher, potentially forming larger wave A or 1. Higher price highs against lower RSI highs indicated weakening momentum into the peak. Once the current correction completes, this count favours another advance in wave C or 3. No confirmed low yet, step by step.