📉Hi Traders, Investors and Speculators of Charts📈 Shiba was unable to breakout above the recently formed pennant pattern in the weekly timeframe. Usually pennants are bullish but if the pattern fails a huge downside can be expected, indicating weakness and dominant sellers. The next likely support is only at the moving averages, with both the 50d and 100d...
Hello TradingView Family / Fellow Traders, For those who know me, I always enjoy studying previous price action. 📌Today, I want to share an interesting pattern I found on ETH. Back in Summer 2021, ETH experienced a parabolic bullish impulse (depicted in blue), followed by a correction (shown in purple) to reject the $3000 support before commencing another...
If you find this information inspiring/helpful, please consider a boost and follow! Watching these paths if we continue down and break 3071 impulsively.
With numerous setups like this in the Altcoin space Do you really think this Crypto bull market is over??? I would say.. With quite a lot of certainty ... Absolutely not!!! Let's go people stop being Jeets and LFG
#bitcoin price is declined hard from the top of the falling channel and 66600 #usd (getting more interesting) resistance zone. Now, #btc has weakened structure in short term. Chart formed bearish head and shoulder pattern. I expect bearish continuation with choppy moves , dead cat bounces etc. The target may the bottom of the channel 57 - 58K zone. Also there' s...
Hi Realistic Traders, let's delve into the technical analysis of BINANCE:MANTAUSDT ! On the Daily timeframe, MANTAUSDT is presenting a clear double-top pattern , a classic bearish signal indicating a potential reversal from an uptrend to a downtrend. The recent breakout of the neckline, paired with a surge in volume above the volume MA line, amplifies the...
The elliot wave count here is very clear. Lets see how I develops. The low might be in or a few more taps near the low to make the bottom and then moon.
Who wants to trade, Stratos currently has a triple divergence at 4h both by momentum and RSI. As far as investment goes, I think this is a great price for DCA. One more buy 0,6600 if it comes. Remember to enter as much as you are willing to lose, this is a small MC and carries some risk
interesting zone for DCA, indicators that match: the highest volume in that zone, it was also the highest volume from the May 3 range. 2021 until May 3, 2022. Right below us is the 200dma plus 0.618 Fibonacci of this entire movement. Until that happens, who want to trade: check weekly level of $11 and 0.5 Fibonacci is $8.2. Thanks for support.
According to the historical relationship between ETH & NVDA The caveat obviously this relationship was far stronger when ETH was validated using GPU's ... but we still have to take note of this relationship in my opinion! We know a vast majority of the altcoins are still in fact ERC20's ... including all the various L2's like Arbitrum, Base, Pulsechain and the...
📉Hi Traders, Investors and Speculators of Charts📈 Solana has made some great increases, and it's retraced back to support levels. By looking at the Drop-and-Pop fractal we've been watching, we can conclude tat for the short term, the support zones should hold at $140, with wicks as low as $120. We can also take a look at moving averages to get an idea of...
FIL, after a substantial drop from its all-time high, showed some recovery. However, it seems to have met a strong resistance zone it couldn't breach. From this vantage point, it looks poised for a potential fall, possibly retracing back below the $5 mark again. This could represent a significant move for those keeping an eye on FIL, suggesting a bearish outlook...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Same levels on watch since last update, when it pivoted at AOI. 🧵 I see a 3 wave move up, but honestly, doesn't matter. Many variations would benefit from at least one more low. $38 break and flip needed. $26-$22 AOI if lower atm.
DOT - WEEKLY - TIME TO BUY Good opportunity to buy from 5.7 to 7
EGLD - WEEKLY , BOTTOM HERE? This chart is on log chart view so, bassically, now we are still in an upptrend , and the bullmarket for it will came after the 79$ break.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! #SOL been awhile. Can see a possible additional wave 5 to come. Needs to prove it. Flipped $120 from resistance to support, good for bulls. Break below, not so good. Looking for a clean impulse up. $162 is my level to see if it...
Traders, It looks as if the dollar, vix, and precious metals/commodities will continue to trend up, stocks will continue to pull back. Bitcoin is tenuous. But it is possible that altcoins have reached their low, though that low may be retested soon. We'll discuss these subjects in this weekly update. Stew
Last cycle we had a re-accumulation that looked just like this, and it was from the exact same levels. Scroll left and go take a look. I pulled the fractal and overlaid it for comparison. This is how I'm expecting it to happen. It's also worth noting that BTC and ETH also have a re-accumulation that matches up with last cycle's fractal. This big dump was the...