Hello Dear Friends! :) Today we are gonna look at only classical charting, and try to identify the different patterns. This is an educational chart - I hope you will enjoy it! Let's start from the left: 1. Bear Flag (Steep downtrend, followed by a small consolidation to the upside, and then another steep downtrend) 2. Broadening Ascending wedge (bearish...
After exiting a 40 days long falling wedge on April 8th we had a 4 day sideways trading before today's breakout. Even though we've seen a spike today all the way from 6940 to 8100 in less than 45 minutes, we have to keep in mind that we're still in the long term downtrend that is pointing towards support zone around 6500. Stochastic RSI also alerts us to be...
Hi guys, I needed to do that analysis to share with you a great opportunity. The ABC correction is about to end soon. As you can see on the chart, we have a double-bottom forming. While LTCUSD is stagnating, RSI indicates a nice bullish divergence coming. MACD also confirms that move as the green line crossed the red. In a short-term we should retest the...
Hi our dear family! Almost every coin goes down but we have a exception for you. Stable upward trend since middle of the March 2018. WOW! Another coin (after Zencash) which is growing slowly but surely. Coincidence? Don't think so. PIVX stands for Private Instant Verified Transaction. PIVX is an anonymity-based cryptocurrency created out of a fork of DASH....
Dear all, Litecoin seems to be at an inflection point for multiple reasons. I'll explain. First for context please note you are looking at daily candlesticks in a chart whose scope is a little bit more than 2 months. The Fibonacci levels are determined from the run that started on Feb. 6 and ended on Feb .20. On Mar. 18 we saw LTC retrace to the .786 (in the first...
Only a quick update of my precedent chart. I think every informations are in the chart. If bulls can't maintain BTC above 10k we will probably retest our precedent Fibonacci support with possible extended wave. The green zone is a buyback opportunity, i expect a rise to a minimum of13000$ area after this where traders will probably take some huge profit. You...
I'm pretty bearish on yum displaying many bearish signs. first target for me will be around 77.70 with max low targets around 74-72
trade entry triggered Candle Pattern: morning Star Trend: up Trend Entry: with TP/SL Ratio Target: 2 to 1 Target TP PIPs: 40 SL PIPS: 20 Fib Entry: .764 Fib TP: .50 Stochastic: over-sold MACD Histogram: contracting up 200SMA: below BB: n/a Pivot Point: S1 Elliot Wave: currently at point B in the elliot wave correction after a downside elliot wave move. Looking...
BTCUSD : DAILY Are we seeing a the clouds clear up?? If we fill out all of these scenarios we may see some serious recovery happen over the next month as we approach the tip of this wedge. I am seeing a Head and Shoulders pattern possibly fill out here pending some ideal conditions: - Stoch RSI double bounce, cross, and separation due to oversold condition...
To attempt to seem not 100% stupid, i'm addressing my Head and Shoulders screw up. Still new to the game and for whatever reason decided that was a head and shoulders pattern. Identified upon posting that it obviously was not (I swear I know better), so I want to address it and repost before I begin getting the "Hey dummy, what you got the tiniest head on earth"...
Possible further decline due to the evening doji star setup and the MACD cross. Could be affected by Trump - Lockheed Martin related news.
Soooo. Which direction will it be. Usually the pennant should resume the uptrend. But as always... BTC will probably dictate the impulse. IF we go up, we SHOULD get a MACG crossing upwards on the 4hr chart. And then...Booom. Crossing fingers.
-Huge news for Tweed getting go ahead on 1.3 M sq ft greenhouses in BC -Rec. stores in Manitoba -Speculation of NASDAQ listing -Increasing bullish volume on the daily chart -Bullish MACD cross -Could be a "laggard" to MJN?? -Currently holding WEED overnight and hoping for a significant gap up, causing RSI levels to get to extreme highs on the hourly and shorter...
Dear Friends! - Descending Wedge - Inverse HS pattern has created and can help us even higher - Remember to put a stop loss. Under the EMA200 for instance. - Bullish MACD-cross We are good to go! D4!
This trade is from our free pdf "MACD TREND FOLLOWING STRATEGY" PM me if you have any questions, I will be happy to help.
Inverted head and shoulders pattern showing bullish bias and potential retest of 0.618 in next week Triple waves pattern also confirms a potential retest of 0.618 level in next week according to the angles and lengths of previous waves RSI levels are showing signs of overselling -> might indicate a reversal in short term as both 4h and weekly charts show this...
Dear beloved D4-fans! So here is a quick update, on the new situation with BITCOIN CASH. Here is the original chart. So at this very moment it seems like on this 2h BCHUSD chart, that an ascending triangle has appeared (also on the RSI), which means that we might go a little higher and NOT fall through D4s (admitted) not so convincing HS pattern he made on...
Hi again, my beloved fans! Even though D4rkEnergY doesnt celebrate The Chinese New Year, he will still provide his fans with presents. Its time to smile! We are looking at the 4h BTCUSD chart. As you can see we have in a long period been in a down trending channel. D4rkEnergY already predicted 8 days ago, that we finally would break out of it, when he saw an...