H&S creation seems to be building on the 4H chart. As we predicted the day before yesterday Bitcoin is on an Elliott correction wave and it is already showing at least a short term bearish behavior. Unless we see some miracle contented move by the bulls it seems its a must to test the support area between 58XX USD and 63XX USD.
Note : Bearish trend not yet...
Base Story
In the golden days of Bitcoin so far, the king of all digital currencies could achieve to grow from $5400 on November 06,2017 to its all time high $19891 on December 17,2017. As we all remember the time was fully powered by by not only technical analytics but also FOMO based fundamental analysis results. From a technical analysis perspective it is...
Dear TWA subscribers its been a while since our team posted technical analysis forecasts here in trading view. we are glad you are still here with us while we were not doing our telegram trading channel on an active basis. This is mainly because of the market behaviour we have seen in thw last few months in addition to the works we have been doing specially...
All our MTL short term targets are achieved within 6 days. And almost 4 of our mid/long term targets are ahieved too in just 9 days.
A total of 55.8% profits so far.
Reached : 9270 sats
Total Profits : 55.8%
Total Duration for Achievement : 9 Days
It seems a miracle to some to predict such a huge amount of profit in such market seasons and sometimes it looks...
- A Falling wedge pattern creation is almost done and waiting for a confirmation breakout above the upper resistance line.
- RSI seems to be comfortably in a good movement currently at around 55.
- Both 50EMA and 89EMA are trying to make their path on favor of the bulls and can be taken as confirmation for a breakout if they come below the price in the following...
-Falling wedge pattern created in the 4H chart depicted by the green pattern.
- RSI at around 41 which seems a good level of demand supply balance.
- EMA50 and EMA89 still needs to flow downwards under the price movement.
- A breakout and close above the green resistance line is a must to confirm a rally upwards and an elliotts wave creation.
- Volume showed a...
*Volume needs to get strength and breakout.
**RSI in good position at around 54.
***Both 50EMA and 89EMA needs to be below the price to confirm a breakout.
Falling wedge pattern already created and got to see a breakout candle close above the resistance falling triangle.
Accumulation Zone : 790 sats - 860 sats
Distribution Targets
Target 1 : 916 sats
Target 2 :...
Still didn't break our stoploss point in our call the day before yesterday and MTL needs some volume to get an energy to boost upwards. BTC's move will be a big factor on this trade.
New Entry Level : 5950 - 6100 sats
Distribution Targets :
Target 1 : 6320 sats
Target 2 : 6550 sats
Target 3 : 6740 sats
Target 4 : 6920 sats
Target 5 : 7190 sats
Stop Loss for...
*Breakout scenario.
**Bullish engulfing candle stick if close like it is now.
***50EMA showing a good bullish signal and 89EMA seems on the way too.
****A good volume development is shown on daily frame.
******RSI bullish sign.
Short to Mid term accumulation opportunity :
Entry Zone : 1900 - 2400
Distribution Targets
Target 1 : 2833 sats
Target 2 : 3434...
RSI : 66
EMA50 and EMA89 are both under the price and good indication for a breakout.
Volume seems to getting strength and another good indication for profits.
Mid Term Buy Opportunity
Entry : 1000 sats - 1300 sats
Distribution Targets
Target 1 : 1520 sats
Target 2 : 1834 sats
Target 3 : 2088 sats
Target 4 : 2343 sats
Target 5 : 2704 sats
Target 6 : 3165...
Falling Wedge creation and at the verge of confirmation for the next move - whether further downwards or an upward breakout.
Mid Term Trade Accumulation Recommendation
Accumulation Area : 69500 sats - 71000 sats
Distribution Targets
Target 1 : 81590 sats
Target 2 : 89000 sats
Target 3 : 94980 sats
Target 4 : 100970 sats
Target 5 : 109490 sats
Target 6 : 120550...
Our yesterday ENJIN coin call was a great job indeed and congratulations for those of you who followed our accumulation recommendation.
Target 3 : 1075 sats achieved in Binance
Target 4 : 1119 sats avhieved in Bittrex
A total of 34.8% profits gained so far in just less than 12 hours from our call.
We will give status updates on the coin further. Stay Tuned....
![ZCLBTC: ZCL[Zclassic] : Falling Wedge Pattern | Breakout coming.](https://s3.tradingview.com/p/pxu2yO6x_mid.png "ZCL[Zclassic] : Falling Wedge Pattern | Breakout coming.")
