LLTS 15M
Analysis:
The trend is in upward and the price is not making higher high forming a resistance while the price is making higher lows and taking support on trendline.
- On the daily chart, we can spot a falling wedge and the price is currently above the wedge.
- Due to my Elliott Wave analysis, the ABC correction should be completed and we are ready for a new bull market!
- You can buy a breakout above the black double top resistance.
- If we look at volume - we can see a huge bullish volume spike, which is definitely a...
- XRP on the daily chart looks like it wants to start a pump very soon!
- We have a parallel channel (on the daily chart) that is very close to break up.
- Due to my Elliott Wave analysis - the Impulse wave should be completed and now I am expecting at least a retracement.
- The trendline (from March 2022) is now definitely broken, which is a good sign indeed!
...
This is a very detailed analysis by Dia, I won't post till Q4 2022.
- I see believe in 4 year cycles, average bull cycle is 800 days, and average bear market is 400 days, the other 200 I called ''neutral'' days where market switches between them.
- Macro economics are very bearish , including stocks, more downside is definitely expected to keep inflation under...
BTC has Created a New Ascending Triangle which is a Good bullish Sign and We can Determine That the Price will be Bullish Soon! No Strong Break out Has Happened yet So We can Not Say for That the Price is gonna Increase For Sure Right now But It will Happen Soon! If we Consider The AB=CD Which is the Expected Movement From the Ascending Triangle We can Come To The...
We have an Ascending triangle Visible ont the 1 Hour and are currently holding above the Moving Averages so long as we can hold this level and shift out soon we could at a minimum see a rise to the 800 Hour EMA.
Looking for energy to cool off for a minute here. Macro looking bearish (dependent on CPI print) and running a little hot right now. I would expect energy to continue running mid-term, but looking for a pullback on the 1.618 from the covid lows.
Weak pattern here but just noting the development of an ascending triangle after a significant downtrend. Given the context this pattern could be considered a (bearish) continuation pattern. If it turns out to be bullish then there's some resistance not far above.
Here is the reasons to buy XEC:
1. 4 days later will be full moon phase which is human psychology going to more confident in trading.
2. There are ascending triangle bullish pattern in 4hours timeframe.
3. Has been confirmed in multiple strategy like RSI, TSI, EMA 5, EMA 9, etc. Look the green checklist at right bottom.
4. Candle postion in the middle area of...
My continued Bitcoin analysis gives me great indication that the Digital King has yet to reach its regional bottom.
$32.7-8 is expected to be a very key range as for resistance.
Based on Elliott Wave Theory and Fibonacci sequencing, $22K-$25K are also expected to be key levels of support.
All indications are based on the science of price action! No other...
TRON is in an ascending Triangle which is a Pretty Good and Obvious Bullish Sign! The Price will Be Starting To Pump Heavily once The Break out Happens! The Expected Price for Break out is around 0.088$ and It would Reach 0.12$ (The Price will Increase as much as the Measured Price Movement AB=CD)
-TRX is in an Ascending Triangle
-No Break out yet
-Break out...
Time and time again I have been told to master the basics and when it comes to trading nothing is more basic than charting triangles. Likewise, few things are more basic than cloning a trendline used to measure the height or depth of a move and dragging it over to the breakout point of whatever structure you are looking at.
Just a tiny bit more advanced for...
Her eon the US Dollar Index I'm looking at the formation of a potential ascending triangle pattern. This is my favorite breakout pattern (with the high/low & tight flag comin in second) to trade because of the nature of how it forms & the opportunities that it often offers to get in aggressively with low risk.
The nature of the pattern consists of price putting...
BTC looks like a possible Ascending triangle, or a head and shoulders. I personally think ascending triangle will be the play but that's me DYOR, I think the bottom is pretty much in for now maybe test the low-mid 40ks again maybe 39k.
we are sitting on the golden pocket as well some bullish divergence on the weekly and possibly the monthly for now.
58k then id...
Break of uptrend line of a ascending triangle and supply zone.
Dollar is also strong right now.
ENTRY - 1.05210
SL -1.06248 103 PIPS
TP- 1.03633 157 PIPS+
High volume throwback to the breakout likely was a shakeout move.
Risk: 90 bps
You don't need to know what's going to happen next to make money ~Mark Douglas
Anything can happen ~Mark Douglas
