here we have on the 1 day chart, back on a very important day in bitcoin(September 15th, 2017), something extremely worth noting the importance of. You can see where I've circled on the volume chart the tall green bar for that day...this green bar just so happened to be the biggest bull volume swell of the entire year of 2017 and it was exactly 3 months later on...
Hi all just wanted to gie you an idea of what to watch for if this bigger Adam and Eve double bottom is valid. If it is the size I'm projecting, then the bottom is likely already in at $6420 back on Easter(aka Jesus' resurrection and possibly btc's resurrection?) so far we have just established a higher low on the 4hr chart after the higher high we had of 7500 so...
Bitcoin Saturday Update and Next Trade Points Bitcoin went into the weekend looking like it was just a matter time before it broke lower still. All that consolidation below structure to the left of price was saying that no-one wanted Bitcoin above 6666. By 22:00 gmt this level really had taken on major significance. The number of the beast or no, it was also now...
FIB 50 percent retracement level outlook on both wings. Looking for profit on the bearish reversal with the next hours or days. Placing stop loss at outside of blue Resistance levels. Setting up sell position anywhere underneath blue resistance level. Anyone needing help in the markets. Education. harmonic scans. Entries. email. Iamtradeking23@gmail.com lets work.
Worth a short with tight stops....
Bitcoin Bitfinex Feed Sunday Update The first short yesterday from 7049 was stopped out at 7061 for a 12 point loss. Bitcoin went on to make a high after that at 7071 - a poor stop by 12 points. This is my bad here, not the chart's - just a poorly judged spot for the stop. Sorry for that one. Anyway the second time it broke 7050 gave another chance to short...
If you're looking for bullish signals, look no further. If completed, this adam and eve double bottom + inverted head and shoulders would signal a bottom has been found surging the volume and price skyrocketing upwards. Hopium levels in overdrive here. Tread the chop carefully and be patient.
For now I stay neutral because sure there's plenty of bearish signs in the market but there is also what appears to be another smaller fractal like descending wedge pattern forming as I have indicated here with the light tan trendlines...These patterns are pretty bullish and Haejin Lee also hypothesized after the last descending wedge that we would rise up and...
TRX, Entry on confirmation candle over neckline. That can spark a move to break out of the flag and continue the lenght of previous pole. Entry 0.00000421 - 0.00000424 Stoploss 0.00000410 Target 1: 0.00000500
The is a RSI Divergence on daily TF and a bullish pinbar cand was seen in the last candle. On Daily TF a Bullish Crab Was formed and on the hourly TF a bullish bat was formed
My plan for TRX. If we break neckline of the head & shoulders reversal we are likely to break out of the flag too. Entry: 0.00000421 - 0.00000424 ( Over neckline ) on confirmation candle. Stoploss: 0.00000410 ( Under right shoulder )
Inverse head and shoulders forming on the 4h time frame with a break and retest of neckline occurring. 4h also reveals the formation of a higher high On the Daily, there is bearish convergence on the RSI, signalling a trend reversal to the upside. Price on the Daily has also rejected the 61% fibonacci previously and has done so again. This is also reinforced by...
A possible Cup and Handle pattern is forming on the 1H timeframe IOTA. (This is not financial advice, this is a volatile market where anything can happen)
Just wanted to show you all how the purple ascending wedge once it was broken out of dipped the exact height and angle of the wedge...so a very reliable pattern. Also wanted to note that we now have 2 4 hour candles that have closed below this head and shoulder neckline with the bulls desperately trying to lift it back up above the neckline...so far on the 1 day...
BTC has just reached the target price drop of the ascending wedge breakdown shown by the purple dashed line. WWhile it doesn't surprise me it hit this price, it does worry me, because now we are in real danger of breaking below the neckline of this current head and shoulders..we have already sent a wick below it. In order to break it we will need at least 2 closes...
Patiently waiting for this pair to break to the downside, prices could plummet at the 1.84000 Region OR we could see some real bearish action near the 1.86000 Region! You could potentially jump in on this trade to the upside TP's of 1.84000/1.86000. However be very careful because I'm expecting a sharp reversal very soon so if you manage you risk, I guess...
Long term MA-Trailing-Stop strategy with Adjustable Signal Strength to beat Buy&Hold strategy None of the strategies that I tested can beat the long term Buy&Hold strategy. That's the reason why I wrote this strategy (link see below). Purpose: beat Buy&Hold strategy with around 10 trades over a period of 10 years (average of 1 trade/year). 100% capitalize sold...
Long term MA-Trailing-Stop strategy with Adjustable Signal Strength to beat Buy&Hold strategy None of the strategies that I tested can beat the long term Buy&Hold strategy. That's the reason why I wrote this strategy (link see below). Purpose: beat Buy&Hold strategy with around 10 trades over a period of 10 years (average of 1 trade/year). 100% capitalize sold...