Zilliqa has been performing pretty good these days and still the chart looks really good and alot of room to grow. 4 waves have been counted we are looking for the last wave wich is the 5th one. Also it looks like it is forming an acending triangle pattern wich is bullish. Right now, for me this is a no trade zone, I would buy on confirmation the confirmation to...
I am not in the position yet, but this looks like a nice setup for the upcoming week. We will wait for price action at the bottom trend line. There is not only this trend line, but also a support zone. And since a bouce is more likely than a breakthrough, I will be searching for a good entry point here and putting SL under the lightblue support zone.
We now stopped in the shorter-term channel at the bottom and we have two options. I am in favour of more downtrend. That is why I setup a second entry as sell stop. I also have a great position from the top of the channel in a short position. I can collect my profits if the trend reverses and price bounces.
We are in a downtrend within a larger uptrend channel, there is still plenty of room to go down a little. We need to wait for price action around the bearish upper trend line.
I had a nice opportunity to enter at the reentry into this big bullish channel and currently I am running nice profit. There are two resistances ahead and some more if we go all the way to the red channel, red upper line is visible in this graph. I will edit my TPs accordingly to price action.
I am staying with this downtrend down until the large-scale trend, have a good RRR on this! Big hopes for next week.
I would love to hear some opinions about this setup I made. I am a beginner trader and don't trade with real money yet. I saw price came from 0.9300 and went to a decending channel. right now it went a little under the low of the channel, and under a supportline as well. The problem is that it went almost straight back above 0.8654, and back in the decending...
I am a beginner trader in crypto but finally I'm starting to lock in some small profits and in the meantime gain some experience. I am posting here as an idea and by every trade you do is at your own risk, understand that trading cryptocurrency is a very risky. The beashish pennant formed exactly as the right inverted shoulder was being completed and a small...
Still very new at this and would love any criticism. I did a TRX/ETH Idea before but have switched over to BTC with an adjusted wave count. So we saw our 1st major wave finish on March 29 and confirmation of starting our 3rd wave on April 5. Now wave 3 has the possibilities of going further than I have projected but not likely to be lower. So that's still...
So I'm new at TA but love charts and love learning. So much still to learn but here are my possible thoughts. Looking to hit .00017 to .00018 to end our major wave 3 into our retraction to 4 Would love your thoughts or a different view. Thanks Bardo
I'll be keeping a close eye on this one. The more times it test the trend line the more excited I get. Here we are in a beautiful uptrend, If it breaks below the line I'm going to wait for all indicators to confirm we are in a downtrend before shorting. If it closes above the resistance or bounces off the support I will be buying.
Still trying to learn Elliot waves, but I drew this up today. Potential bounce and start of an impulse wave, hitting the Fib and ichimoku levels.
Clear triangle formation is forming, this means breaking the resistence line at 0.0016471 will give atleast 20% target.
Soon, we'll be able to see if micro wave 2 is complete by breaking 19,975ish levels. If this is broken, we can assume we are on micro wave 3 of primary wave 5. The fib retracement is of primary wave 3, which shows a perfect 61.8% retracement for primary wave 4, which lead to the current wave 5. This is not trading advice. I am a beginner and would like to hear...
Yellow under $200 Cheap LTC Green - Support Red - Resistance Hoping for breakout above $212.492800 / 212.979892
Just pointing out a possible inverse head and shoulders pattern that formed on NEOUISD. I wholeheartedly admit that the target is a stretch, especially considering the amount of resistances that NEO would have to overcome on the way there. That being said, I calls 'em like I sees 'em, and I'm seeing and inverted head with a couple of inverted shoulders. In...