BYND $ might present a Long hold closer to 10.00 and continues to hold above the 9.81 low hitting the Dec 22 low might get entry. hitting the 50 sma 1st time, getting close to the triple bottom. Ideally, easy R/R setup building. Just keep an eye on that Meat. Look for the next lower high or confirmation bottom, then Hang on for a bit. taking profit at marks
Falling Three Methods: Important Results Theoretical performance: Bearish continuation Tested performance: Bearish continuation 71% of the time Frequency rank: 91 Overall performance rank: 89 Best percentage meeting price target: 40% (bull market, down breakout) Best average move in 10 days: 4.58% (bull market, up breakout) Best 10-day performance rank: 20 (bull...
The Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg...
The Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg...
Breaking a support and potential Double bottom confirmation of Harmonic. Bitcoin Dominance is simply an indicator that demonstrates the percentage of Bitcoin's market cap relative to the entire market cap. - When Bitcoin dominance is high, it indicates that Bitcoin's market cap is relatively larger compared to that of other altcoins, and vice versa
Complex Head-and-Shoulders Bottom: Identification Guidelines Price trend Downward leading to the pattern Symmetry The shoulders should bottom near the same price, be nearly the same distance from the head, and look similar to their mirror opposite Volume trend Usually higher on the left side of the pattern. Trends downward 65% of the time. The link to the left...
3rd lower high on 60 min. with Bearish Divergence. MacD showing Negative Momo RSI entering Bearish control zone 40.
$hr time has Hidden Bullish on RSI lots of scruff overhead. if breaks potential breakout. Current higher Low local.
Potential for a nice Gartley entry on this if rejection. Set alert for the .786 PCZ and wait. if Rejection potential to develop Bearish D on RSI and MACD.
Dragon target i think is the .886 on this one. ideally the head would be better in a uptrend.
IF you look for Divergence i trick i like to use is ALT -V a vertical line that helps me line the high or low point on the chart and see the divergence. example on this is the Blue line on RSI chart . let me know if you have questions.
Potential Type 2 reaction. Harmonic. after back to back .886 retraces from previous low to High. and next low to high swing retrace at higher low.