Matic seems to move in these corrective patterns. could see as low as 0.00700. but if btc stops around 7.4k. matic should be safe above 0.00900 with a new high after
*Not financial advice* ADA has not rallied nearly as hard as some other alts in this recent pull away from BTC, namely ETH, XRP and LINK. With tight compression on the 50d and maintained expansion coming to an end on the 200d, it's likely that a sharp move happens soon. With volume seeming dormant recently (in relation to former highs), and very similar patterns...
Buy EURJPY H4: Support level holding up Breakout of downward trendline Retested the breakout area Buy @ 117.800 - 117.900 TP: 119.800
30 days until British Exit as prime minister Boris Johnson has promised his citizens. This week he will deliver Brexit Plan to Brussels, lests wait for comments from EU officials. But before, amassing opportunities on GBP-USD currency pier. Pattern right triangular with L1 and T1 trend line, the signal may be a crossing of L1 support.
Descending pattern , this is a short from me
descending triangle formation on usdcad. the market has stopped setting new higher highs and shown a row of lower highs instead in confluence with clear rsi divergence. our bias remains bearish and on focus is the horizontal support of a triangle. breaking below the support, market will confirm bearish sentiment of its participants and we can short the...
GBPCAD - 1HR/4HR - BULLISH BUTTERFLY/CYPHER I use an adaptive take profit that is adjusted as the market shows its hand. I trade a reactive approach rather than a predictive approach. So the take profit target is the current extreme profit taking area at the time of posting. Thank you.
Quite interesting situation on Australian - US dollar currency pier today. Last downtrend channel with T1;T2 trendlines is under pressure to cross T1. Also two important prices for next week, which where formatted during this trading week, resistance level L1 - 0.6809 and support L2 0.6738 . In case if price will cross T1 trendline the target will be L1...
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Quick update for what I am personally watching. I've said for months now that in my opinion our strongest support has been down at $7400-7750 area and we have yet to re-test this area. We certainly don't have to re-test it but would be a strong support area in my opinion. With that said, yesterday we broke my pattern bearish at about $9450 and fell to $8160 (about...
Hey Fans this is irfan here :) a bullish formation on EURUSD Enjoy
Bitcoin’s Bullish Pennant — The Symmetrical Triangle To understand the relevance and importance of the triangle pattern that exists on Bitcoin’s chart, we need to first understand the behavior of that triangle itself. There are a number of triangle patterns that can be identified in technical analysis. The most well-known are symmetrical, ascending and descending...
Interesting correlation here between ETHBTC and XRPBTC. This same pattern can be seen on many alts atm, including LINKUSD, and BATBTC. For link specifically, the question is whether there's further gains on the horizon. Refer to my first post shared below for my opinion on LINKBTC. Second post for reliable LINKUSD pitchfork. Third, BATBTC and fourth, my outlook...
Bat, bat with B point 38.2 retracement and gartley
Hello Traders!, Another chart today worth having a look, LTCBTC Inverse head and shoulders break! Points to consider, - Trend coming out of bear market - Broke resistance and neckline - Increasing bull volume - RSI in overbought territory - Stochs in upper region - EMA’s holding price support - Perfect respect of the 1.414 Fibonacci extension Litecoin...