Channel formation has been found in 1 Day time frame of BTCUSDT and the Bullish Divergence can also be seen. Which can result in the Bullish Trend.
Hello everyone, let's take a look at the DOT to USDT chart over the 1 day timeframe. As you can see, the price is moving in an uptrend channel marked with blue lines. Let's start by determining the support lines with the Trend-Based Fib Extension tool and as you can see, the first support in the near future is $ 18.09, if the support breaks down, the next ones...
big liquidity zone we are in now you can see it goes back a couple weeks now. resistance turned into support. this looks like a gigantic falling wedge to me we just broke and are came back down to accumulate more. 4 hr chart i see a massvie cup and handle. low rsi and mac d finally turning white on the 1 day makes me believe we are in a re test liquidity grab...
Looks like Monero is gonna trigger this double bottom that I posted an idea on last week or so. $240 is the target *not financial advice*
Looks like if this triggers it should head to $240. Luna has already reached its double bottom measured move target and the market as a whole has only recently switched from the downtrend correction back to an uptrend s this all increases the probability of this double bottom on mongers both triggering and reaching its measured move target. Of course yas always...
For those who have entered this $XMR trade, congrats! I have now added 7 TP Points labeled next to the Fibonacci levels. Of course, you book some profits now if you'd like and do expect a little price movement to retest previous levels. I suggest that you do move your SL tighter to the entry or even in front of the entry zone. The 20 EMA has crossed over the 50...
Not only is ETHUSD’s price action currently above the neckline(tan trendline) of a descending inverse head and shoulder. It’s also above the neckline of 2 different double bottom patterns. (Green and yellow horizontal trendlines). The right shoulder of the inverse head and shoulder pattern is actually also a valid double bottom pattern on the 4hr timefram(daily...
Luna completed it’s double bottom breakout with ease, and considering we only just recently shifted back into an uptrend I’m assuming this double bottom as well as several other cryptos double bottom patterns are likely to trigger as well. Of course, as always we should wait for confirmation of a bullish breakout from this pattern, not go off assumptions, and...
There is an inverted head and shoulders on 1D BTC chart. Any thoughts about thay?
Based on todays wick we may have just retested the top trendline of the wedge. However there is a chance this yellow trendline is a more valid top trendline and that we are already up above the wedge. I have included both just in case. Ultimately if we were to break above the green trendline here or in the next few days the measured move of that breakout would be...
i am showing my analyse of GBPJPY. We are in downtrend and i am waiting for breakout of an trendline, I am bullish on this, because my view is, that it will don´t cross an support. RSI is low and we will get a lot of reports for GBPJPY. NOT FINANCIAL ADVICE if you admire my analyse, please hit the "like" button, stay safe.
Not 100% confident about this descending triangle pattern yet. But if it is indeed valid then the price action should head towards the 158-160 target before too long with some resistance on the way there at around $130 or so depending on where we retest this ascending yellow trendline at.
So, in this post, i will show you an analyse of penny stock called AMPY (Amplify). We are in consolidation , strong support , i am waiting for breakout of resistance. NOT FINANCIAL ADVICE, ONLY FOR EDUCATIONAL PURPOSES.
POND has reached an area of interest for me, added some to my bag and will see how this plays out. POND is known with incredible swings up so.. nothing more to say.
Here is my TA for Vechain , from my perspective there are two good trade opportunities. One being long to hit 0.20 and finish creating it's bearish flag formation and then a short at 0.20 falling to a strong recent support level being at around 0.5800. I recently bought in at 0.11000 and I'm hoping to exit my trade and start a short at 0.20. I would really...
We can see the initial target for the double bottom breakout has been hit. Now the question is whether or not the higher target which is the Inverse Head and Shoulders breakout target will be hit or not. Odds are good it will be, however we may see a retrace first.
In order to do so however it must first break out o this cup and handle pattern it has been forming. Many alts at the moment including Ethereum and Tezos are in similar cup and handle patterns. Just waiting on price action to firmly break above the rimline o the cup and lip it to solidified support first before we can confirm the breakout. It could take it’s sweet...
Been watching this inverse head and shoulders on btcusd in addition to the myriad patterns I’ve already posted ideas on. Just yet another bullish pattern overlapping all the other bullish patterns to add even more bullish confluence.