This is a quick update analysis about some of altcoins which have a good potential to grow and produce a possible huge profit in the near future. Let's do the technical analysis.
History is repeating itself is the most suitable quotes on MATIC here. we can see a similar pattern with previous structure in this huge up trend channel. we see a failure descending...
Note : Pharma cos can remain bearish/ bullish for extended time frames as a lot of the movement is based on future expectations and trials.
NASDAQ:ALXN has been in the descending triangle and has nicely tested support levels as indicated in the chart. Lovely similar formations on RSI and OBV, both confirming the downward trends
Descending triangles are bearish...
Happy Saturday all, welcome back with me in this newest update about bitcoin. let's check it out!
If you remember about 2 methods of connecting the trend line, there are wick to wick and the body to body connecting method. Personally, I am more interested in using the body to body connecting method because it will exclude the bull/bear trap region and exclude the...
This is my perspective for bitcoin's possible movement, after breaking down of a huge descending triangle , it moves real quick to test the 200 moving average on daily based. This 200 MA is moving align with the 50% fib level which make it as a confluence zone. in my opinion, we will see 1 more waves up to test the previous broken support aroung $9000 - $9500...
QLC is looking very juicy right now, we can easily deduce that the white region of this current move is a major support for this altcoins. That's why it is become one of the most stable coins during current indecision of bitcoin's price. When I write this analysis, QLC is one of some coins which has 3% gain comparing the previous days.
Now looking at the 4 hours...
Hello fellas, how are you doing today? I hope you are doing well in this choppy market. In current podcast, I will share my idea about the psychological behind the triangle pattern and what can people with thick pocket do to manipulate the market. let's go!
First of all, I want to remind you again and again that bitcoin is moving inside a huge descending...
Hello all, It has been a very volatile day in the market, A huge moves has occured in today's market and I saw a lot of drama occur. But, once again our yesterday's scenario is going really well with 5th truncated wave at the upper line of the triangle.
Back to the 4 hours chart which is becoming the best benchmark for swing traders. in this specific period, you...
For all of you who has opened a long position since my last signal should be in an amazing profit by now. That's why congratulation for all of you my baby. here we come with another view on bitcoin based on daily chart.
First, the last volatility is just amazing and if you have seen my previous analysis about bitcoin, you should have opened long position since...
One of the most interesting altcoins that I am seeing right now is XRP especially for long term hold. Just if you remember about the 2017 phenomenal bull run that occur on crypto market in general, you will see a similar pattern on XRP with current pattern. both of them form a huge descending triangle. And at 2017, the price broke out of the upper line of the...
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Descending Triangle.
MA confirms a slight downtrend, which forms a triangle pattern in point A
Pattern breaks resistance, with a small pullback and continues the the downtrend.
One of my favourite tools is wedge patterns.
Last year the AUDUSD was a dream to trade using the wedge pattern.
An 'ascending wedge' pattern approaching a level of resistance indicates a sell opportunity is coming up (reversal).
To trade the pattern you will wait for a break below the wedge line before selling, with stop losses above the highest level in the...
