Arx usdt analysis Daily time frame Risk rewards ratio >2.5 I guess Good pump for ARX USDT as it's historical movement
The chart would be self-explanatory. Here we are rebounding from FE 0.886. I marked 1.000 and 1.114, respecting the H & S. This article is tagged as "short," but beware of possible extensive upside moves. Better be cautious until the candle crosses down the arcs' crosspoint (at least in a lower timeframe). By the way, this is an update for my most notorious...
IF 93 can be turned to support, there is some room above. Watch it going into November 2022... Any touch on the lower arc could be an area to scoop.
Hello traders welcome again. Here is a follow up with my last Eurgbp daily buy signal which I posted few weeks ago. Today, we discuss the monthly chart of this pair. And as you can see the market is, as identified, in the 2nd phase which consists of a price channel , and expanding channel and a resistance Arc. Now price is approaching the ARC's strong support...
hello traders welcome again. Here is a follow up with my last Eurgbp daily buy signal which I posted few weeks ago. Congrats if you took that trade! Today, we discuss the monthly chart of this pair. And as you can see the market is, as identified, in the 2nd phase which consists of a price channel, and expanding channel and a resistance Arc. Now price is...
Hello friends, today you can review the technical analysis on a 4H linear scale chart for Braintrust (BTRSTUSD). 1) Since the mega price drop a few months ago, the price has respected an Arc Formation with multiple touch points on the Arc. This is a macro pattern, not looking at the hour by hour price action. 2) The RSI (relative strength index) has also been...
News of the new variant is freighting. Price is finding dynamic resistance within the 78.60% arc. Time inside this arc can persist till February 22, 2022 but is more likely to breach some time before this. It will only be natural for price to find equilibrium through the 50% level. Although put risk is extremely low right now, never go in expecting to much.
Hello Traders, Today I am with another cryptocurrency which has more than 100 days consolidation. I think KUCOIN:ARXUSDT is in accumulation phase and I am expecting 600% return after it gives breakout from this long accumulation phase. Also it looks like ARX is forming double bottom pattern with second bottom is higher than first bottom. Leave your opinion in...
I think everything is ready for this coin to give us at least 160% profit. The recent series of HLs would be a sign of bullishness. It only needs to flip the red dot line and then fly.
Strong breakout of BTCUSD out of major bearish arch. Next major resistance, if at all, will be around the previous all-time highs...
Previously published a related chart - "Is-Bitcoin-more-bearish-than-bullish-in-the-short-term". Please note that the bearish arch has been adjusted to the maximum extent possible. Any breakout now is most likely only bullish. Cliffhanger time!
The touch points in blue to help determine the arc. If it stays in the arc and goes break through the yellow and blue horizontal line it can potentially going to $400 or more above by the end the year. Provided there's no crash or big correction in the stock market.
Buy: $0.035 - $0.0375 Stop Loss: $0.0325 Its been down for a while, so if BTC acts accordingly I think it'll pop soon
If the 20 EMA (daily) holds it might bounce back to a higher target of well above 250, or it might go down to near 100 and bounce back again. The ultimate target looks like it is the same in both cases though...
Multiple potential arcs with multiple (three or more) touch points in play?
Buy: 0.040 - 0.042 Stop Loss: Close below horizontal resistance IMO we may need to wait for this area to fill in before we breakout. But once we do it will happen quick, so I'm getting in early. Setting a tight stop loss just incase BTC does something silly
The outer blue circle serves as continuous support for this bearish trade. For best use, keep adding small amounts to the net short position on all arc-touches. We all know that BTC likes to spike, so accumulating a larger short position incrementally may make this a much less scary trade. The only down-shot is if it breaks the bottom at an earlier point, such...
In this video I just quickly go over all the charts we looked at in the stream today and a couple new ones. Main takeaway is the bullish divergences on the daily chart, the high timeframe channels, and wedges, and the fun rounded-top/scallop chart. Hope this was helpful, I just wanted to get these charts out without too many tangents or extra analysis that takes...