Bitcoin is still within that parallel channel and we could be seeing an ABC correction for another move down to the parallel channel support. In our last analysis we marked out an ascending trendline which we were watching for a break - which we just got. Will look to take this down to atleast the 30K level.
Bitcoin is still within that parallel channel and we could be seeing an ABC correction for another move down to the parallel channel support. In our last analysis we marked out an ascending trendline which we were watching for a break - which we just got. Will look to take this down to atleast the 30K level.
NASDAQ has been steadily climbing higher and higher with a channel. We can see that within the bullish moves, we have ABC corrections followed by a major impulse. We could be seeing another ABC correction soon which we can capitalise on. Watch for the break of the ascending trendline to indicate bearish momentum and will be looking to enter with stops above the...
NASDAQ has been steadily climbing higher and higher with a channel. We can see that within the bullish moves, we have ABC corrections followed by a major impulse. We could be seeing another ABC correction soon which we can capitalise on. Watch for the break of the ascending trendline to indicate bearish momentum and will be looking to enter with stops above the...
We've identified Bitcoin to be in a descending channel and looks to be correcting for a move lower. We've seen similar patterns in the channel in early June where Bitcoin was in an ascending correction and broke down. Recently we just broke out of another ascending channel. We are looking for entry opportunities to go short. Watching for retest of the 33.2K level...
We've identified Bitcoin to be in a descending channel and looks to be correcting for a move lower. We've seen similar patterns in the channel in early June where Bitcoin was in an ascending correction and broke down. Recently we just broke out of another ascending channel. We are looking for entry opportunities to go short. Watching for retest of the 33.2K level...
GRT has been within a descending correction since March and we've finally seen a breakout. The area to watch is the 0.64 level where we can have a possible retest. Alternatively, we can also look for bull flags to take this higher!
GRT has been within a descending correction since March and we've finally seen a breakout. The area to watch is the 0.64 level where we can have a possible retest. Alternatively, we can also look for bull flags to take this higher!
Axie Infinity Shard has had some massive gains recently but this could all be temporary. The market has been spiking up and down with no clear direction. What we can do is take advantage of the pump and dump market to make quick gains. Watching for the trendline to break to signal bearish reversal with targets of the 61.8 fibonacci which falls nicely with our...
Axie Infinity Shard has had some massive gains recently but this could all be temporary. The market has been spiking up and down with no clear direction. What we can do is take advantage of the pump and dump market to make quick gains. Watching for the trendline to break to signal bearish reversal with targets of the 61.8 fibonacci which falls nicely with our...
From our last analysis, we managed to get in on a buy after the retest. Price seems to be straggling along. There isn't any clear direction at the moment so we can just trade this for the short term via breaks of trendlines and pattern. Once we see a break of the correction we're in, we can enter with stops above the correction. Targeting the lows of 1750.
From our last analysis, we managed to get in on a buy after the retest. Price seems to be straggling along. There isn't any clear direction at the moment so we can just trade this for the short term via breaks of trendlines and pattern. Once we see a break of the correction we're in, we can enter with stops above the correction. Targeting the lows of 1750.
See chart for full explanation as to how we entered. Entry: After the double bottom on the 12th of June, we entered on the break of the descending channel. Stops: We put our stops below the wick incase price comes back to retest the low - which it did. Currently running 43%
See chart for full explanation as to how we entered. Entry: After the double bottom on the 12th of June, we entered on the break of the descending channel. Stops: We put our stops below the wick incase price comes back to retest the low - which it did. Currently running 43%
We've been monitoring Dogecoin for a while and not much has happened apart from little moves.We need some sort of catalyst to get it moving... Where's Elon?? Right now we are seeing correction and monitoring it for a break. Entry will be on the break of the descending trendline with stops below the correction.
We've been monitoring Dogecoin for a while and not much has happened apart from little moves.We need some sort of catalyst to get it moving... Where's Elon?? Right now we are seeing correction and monitoring it for a break. Entry will be on the break of the descending trendline with stops below the correction.
Last time we analysed Litecoin, we were waiting for it to tag the previous bottom. Price spiked below and is making a reversal. The only obstacle in our way is the 147 level where we have a descending trendline and previous structure. Watch for that level to break and gain an entry on the retest, similarly to how we entered ETHUSD (See linked chart)
Last time we analysed Litecoin, we were waiting for it to tag the previous bottom. Price spiked below and is making a reversal. The only obstacle in our way is the 147 level where we have a descending trendline and previous structure. Watch for that level to break and gain an entry on the retest, similarly to how we entered ETHUSD (See linked chart)