We posted yesterday on Bitcoin saying that we might see a bearish ascending triangle towards the next stronger support first at 6k area and we did test that support area. For those who shorted with our call at around 6.5k will save there satoshis in big amount. We will update you on the next move in a very short time. Stay Tuned.
Further to my previous post titled "SEEYA BITCOIN" (link below), the head and shoulders pattern has successfully reached our profit target. So where to now? It is my opinion that we are to see further downside. The momentum has clearly shifted and the last of the bulls are hanging on, only to be crushed each time. The last stand for Bitcoin is now. Unless there...
We are seeing the bulls put up a nice fight and also bullish divergence on the 4hr chart. We are also seeing a reversal pattern of an ascending triangle in a downtrend. Because the triangle is ascending it has a bigger chance of all of the continuation patterns of breaking up in a downtrend...however as a continuation pattern it can also break down...
Wait for a break and close below to enter. GBPAUD news upcoming. Be cautious.
Price is in a major corrective structure.. a mini wedge pattern inside the corrective structure looks to have been broken expecting dollar bulls up untill 95.000 price. Will still be cautious though on a long bias on dollar pairs as that 95 level has proven hard to break. I am expecting a break of that 95 level than price should come back to retest it and a...
PVT is negative and hence the direction of the stock (ascending) may be uncertain and might reverse. Watch closely for an ascending or descending trend before investing!
LRC is sitting in a strong support zone at the moment. It is also in the golden pocket between the .618 and .786 FIBs from the previous run up. If it breaks out of the ascending triangle and clearly above the upper red line, this may signal a reversal. ALSO, they are airdropping $LRN beginning July 5th. If a major exchange announces support, this could rocket price IMO.
The stars and the planets are lining up with the 6th of the month and this GORGEOUS ascending triangle that will rally beyond 8k. We are looking for a rally to start this Friday evening. So get your tickets for "Return of the Bulls." We are just waiting for confirmations. As long as this ascending triangle doesn't move away from this pattern, we are good to...
bitcoin look looks to be in a ascending triangle that I expect to break upwards and test the resistance at the top of the very large triangle that has been forming most of this year. For now it is too hard to say whether it will break bull or bear from there.
You tell me...maybe the chart speaks for itself.
Downward channel = ascending breakout. A breakout to test the $8,282 is expected on the one hour. A significant breakout is needed for the bulls to crush through higher resistance levels. RSI & MACD indicate a reversal. If bulls cannot carry this pivot, expect a retracement to test support at $7,750 levels. #BTC
Hey guys, Interesting to note that the current price is holding on the median line of the pitchfork. I have added a hypothetical support at this level. Should price rebound from here, we could have an ascending triangle which is a bullish pattern. Tonight's closing could potentially validate or invalidate this idea. Trade with care! Cheers Jesse I...
As you can see each time we tested the top of the ascending broadening wedge(a pattern which usually breaks down) the price action was rejected, and once the wedge ran into the top wall of the descending channel the support of the t line could no longer prop it up causing the current breakdown from the only bullish thing we had going which was the bull flag. Now...
The rising wedge it appeared we had broken down from simply morphed into an ascending broadening wedge which also tends to break downward. We are currently near the top trendline of that wedge and with the other resistance lines teaming up with that wedge line of the 4hr 200ma (in blue) and the top trendline of the descending channel odds are good the price will...
Possible inverted head and shoulders short term bottom. Ascending triangles on up and then we should fall a bit to cool off. RSI will soon be overbought short term. But afterwards, possible rally to ~$890 levels.
$SNTBTC showing an extremely bullish pattern here with a slight breakdown of the ascending triangle. This pattern has been very common lately right before a massive bull run. - Great volume ratio (big buys, little sells) - Bullish RSI Enter now for easy profits in the comings days. Anticipated breakout within 5 days. Target 1: 2700 Satoshi Target 2: 3300...
Equilibrium pattern is playing out and/or an ascending triangle pattern is as well YOU DECIDE,
Rising ascending wedge & hopefully a finish of the larger cup & Handle pattern. Buy in opportunity at the green shade. Stop Losses always in place. Targets as shown. Good luck & Happy Trading Ya'll