This is an update to our double bottom that played out very nicely.
I'm done being bullish on Sushi and am now full on bearish.
There is a Bearish Pinbar that could send us all the way down the support zone of $4.14 - $3.50.
A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows.
The last several weeks have been incredibly tricky in terms of technical analysis and finding a clear edge, why? We've seen fake outs to the...
Dear ladies and gentlemen, as you can see in the circle I have made yesterday a new candle appeared in the BTC chart, that small body candle is called spinning top candle and it is a common candle that can be used as a bearish continuation indicator or a bullish reversal indicator. The candle is neutral till the next day candle appears, today's candle is red, and...
This swing setup might be overly conservative, but given the uncertainty of BTC price and the complete lack of fundamental of DOGE. I tend to be extra careful when my swing trade has no chance of turning into the long-term holding.
Just my two cents. Not the trade advice.
I don't need to explain all this time why I am even shorting this as we all mostly knew what happen lately in DXY and EURUSD. King ain't seating still which let me think this trade might have some chances. After all pound and euro were never bullish market talking about the broad picture.
Matter of fact knowing poor equity market performance from last night we got a strong dollar and yen. This two currencies had gain against other currencies well through out the day. Lower risk appetites market situation favored the yen leading this cross pair price further lower. Bear 🐻 has already weighed over this pair and I think if market players aren't...
This is just an update from my last chart better representing levels, just in case we continue our bearish trend.
This chart, compared to our last, is charted on the daily rather than the 4 hour time frame.
We have touched basis with our trend and rejected, if we don't make another move to break out in the next week i suspect we will be descending...