Yesterday (12 hours ago) i showed some thing in my channel, since i did a bit more research, about who these spoofers prob were in this case. You can read it there if you want to see it. That we saw a Bart move happen, is no surprise, since the volume dropped to like 35% of what it was the days before, making it easier again to make these moves.
Anyway, it looks...
I'm not the master of the charts, the professor, the legend, the king... I'm not the guru of Technical Analysis. I can't find chart patterns, like them, in markets where there are no patterns at all. That's why sorry, if this analysis based on a reversal chart pattern like Double Top, is not so wonderful and proper from your or gurus' point of view.
When we talk...
Hi friends! I just want to give a quick technical argument for why I believe Bitcoin will most likely rally to the top of the downtrend channel, somewhere in the low 4000s. As you can see, each time during the life of this downtrend channel that Bitcoin has consistently traded above the 50 EMA (in orange,) price has rallied to the top of the downtrend channel (in...
BTCUSD moving in uptrend channel. We touched resistance line of this channel and now probably decline in the range of 3830-3900 there is a support line upward channel. MA100 as well as two strong levels of fibonacci 50%, 61.8%. After that I expect growth in the range of 4200-4300
Confused RSI- oversold
This is not fanatic mumble-jumble price prediction. Price target regions are based on Fibonacci extensions from previous lows to new ATH's.
This worked 100% from the beginning of XRP's life.
To achieve these targets, a lot of things have to happen.But it's possible.
Candle pattern is for entertainment purpose only.
No dates are attached to targets.It could take...
WELCOME EVERYBODY come back with XUANHAIMMOER’s analysis for Bitcoin.
It must be very long time I spend my time for watching Crypto market in large picture and today is the update for middle-long term with comparing with 2014.
Do you believe in comparing with history ? Yes or no ? Despite of any answer you see the last time my predict is true and many analysis...
Expecting a pullback to fib levels, then we will find out if we are really a bull or we have more work to do.
Also check the long short analysis tagged
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Cardano (ADAH19) on BitMEX just had a strong drop, which closed below 0.786 Fib. retracement support.
Looking at this drop with the Bollinger Bands on, we can see that the next candlestick is trading outside the bars. This signal can indicate and upcoming bounce.
There are more early signals for a possible bounce:
ADAH19 Price closed above the rising...
Pattern: 1D Channel Up.
The price is getting closer to the 1M Resistance at 1365. Last time this level was tested, Gold consolidated inside 1300 - 1365 for 3 months. See how perfectly the Fibonacci levels (on yesterday's top) align with the horizontal price action and the Higher Lows of the 1D Channel Up.
USDCHF / H1 / Technical Chart
if it will break and close above the resistance zone of the lower time frame
Price will move to end of the D point of Bat pattern
Wish you many pips
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
EURAUD is bearish on weekly chart.
However, we closed the short trade above the purple support zone that it could not drop down without a correction.
A correction goes like ABC is possible.
And our long trade active earlier today is about to hit target 1.
LESS IS MORE!
EURCAD is approaching its resistance at 1.5024 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it could reverse down to its support at 1.4978 (50% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
Nikkei 225 is approaching our first resistance at 21868.6(horizontal swing high resistance, 100% Fibonacci extension, 78.6%Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 21159.1(23.6% Fibonacci retracement , Horizontal swing low support)
Stochastic (89,5,3) is also approaching resistance where...
As mentioned in the previous post that BTC price may take some time to consolidate and currently, it is on the consolidation mode after the second bullish leg upwards from $3,550. It is also important that the price consolidate a bit longer time in this area to give room to make healthy throwback (movement downwards) if the price starts to make it and there are...
Hello guys still on possible BTC correction, I spotted completed CUP formation, I still very much believe we may see potential drop soon before we rise up to break this cup neckline.
If you look at my earlier short call on it since then we have not able to break avove the 78.6% fib level.
Anyway I will be a seller if price still remain under this stubborn fib...
I can only say that when I see people calling tops and bottoms, I wonder what information they possess to make such claims. After almost 30 years of trading and charting, I have never attempted to try and call bottoms or tops. I use probability to determine which prices are best to dollar cost average into a stock or crypto. All we can do as responsible chartist...