I charted this cup and handle months ago and gave a 2747-2800 target back then we can now see ethereum is finally making the last leg up to the target and if we were to zoom in here we could see a bullflag on the 1 day chart that ethereum has just now broken out of and that bullflags measured move lines up exactly with the c&handle target of 2474....so odds...
From the trend and the strong surpass from the previous high that is resistance crossed with high volume
Strategy based Fibonacci 55-65 Be profitable
here's a look at the symmetrical triangle we have appeared to breakout of on the 1 day chart. If it reaches it's measured move it should hit 65800. *not financial advice*
A COMPLETE BREAKOUT FROM RESISTANCE LINE IS IMPRESSIVE. For neutral term I think price will be able to kiss these targets : 1) 1.38546 2) 1.39391 3) 1.41216 4) 1.42219
If SNT will be able to stand above of its up trend line then it going to kiss another resistance (raising up 533%) that is a strong one.
I was slightly dismayed here upon seeing several 4hr candles close below the 4hr chart ascending triangle pattern but upon realizing they haven't triggered any sort of breakdown decided the best thing to do was to zoom out and see if I can find any pattern on the 1 day chart that may in fact be the more dominant pattern and more relevant pattern we are currently...
so far the 1 day 50ma is holdding support...not saying it will but if it can then we should be able to confirm a breakout from this speculative bullflag we might be inside right now.
lots of bullish confluence at the moment and this is our third overlapping bullish pattern right here that we are currently breaking out of...It is also a valid bull flag on the weekly chart as well but I chose to show it here on the 1 day timeframe to better illustrate the trendlines of the flag. not 100% validated just yet but looking good and with all the other...
Bitcoin is at a critical decision area, fall and we see 48k. Would love to break the downtrend on RSI and bounce here in historical support. Only time will tell. Gut says we continue down
LINKUSD perfect bottom on supertrend and confluence with historical support. This would be a great bounce area.
Price is still above of SMA 9 DAYS and seems that it going to make a pull back to its trend line. So, any Bullish candle plus strong one above trend line are a good news for entry.
Trying to breakout from it resistance. I think a good time for long entry is when we'll see a pull back to trend line. So, keeping your eyes on HIVE !
STILL trying to breakout from its strong resistance line. For long entry I prefer to see a pull back above of this resistance. keeping your eyes on NULS
Possible rise and targets after pull back at up trend line. Note that trend maybe going to reverse on targets but I think price finally will kiss its resistance.
As with every potential h&s we must wait until we see a clear validation of the pattern triggered before we can act on it...also wise to never presume a h&s until the peak of second shoulder has already been formed. This is worth keeping an eye on though in case it reaches that point. Props to @XPCollector7 for spotting this one. Will definitely be keeping a close...
somehow someway this plum colored ascending trendline keeps maintaining support. I wouldn't be confident that we would reach the breakdown target from the ascending h&s pattern unless this line flips back to solid resistance..also wanna see the same thing occur with the 1 day 50ma (in orange) first before it seems like a safe thing to short any further.
Hi dear treaders, ETH is moving in an uptrend channel in 1D time frame . The main resistance is 740$. The final target 850$ is available if the correct resistance is breakout. If it returns, it reaches the range of 650$ and then climbs to the resistance of 840$ and 850$. The best buy area is between 650$ and 670$. If you like my idea please click * like *button...