This is 4h look at Steem it is continuation for the previous idea (Steem weekly) It is not so visible but I think that the pair created triple bottom just before 23,6% Fibonacci level If the pair will stay above Strong support created by previous price action (Two Blue lines where each of them represents extension of previous double bottom support, and the...
Very energetic movement followed by consolidation with clearly visible double bottom at 000001550(orange ticks). Pair is consolidating within the range between 1550 and 3500 for last two weeks. I believe that level created by double bottom created solid support. It is small chance that pair will bounce from that level creating triple bottom which could move pair...
I wouldn't scrap this trade just yet. When we look at 4H chart it is clear that 200 EMA is creating some support. Our main support at 0.000010000 level is not touched yet so I would stay with long position. I still think that the pair will go north and it is matter of time. If for some reason price will go further down, I would close position beyond 10000 level.
I marked rounded bottom which was confirmed as the trend reversal formation. This kind of formation is very reliable most of the time. Pair is flirting with psychological level(0.00001000) which is consolidated with GAP from Daily chart. I think it is wise to wait a little bit to see what market will decide. I’m waiting for more confirmations.
Double bottom are form and complete at 83.13 ,,,, two scenerio ,, he break this neck line and go to tp 84.15 and 2nd scenerio is he break neckline ,then retest the trendline and go to tp is 84.15 good luck
Golem had some interesting price action within last month. It is visible on this chart that the pair established strong support around 0.000063000. First attempt was stopped with engulfing candlestick formation, second attempt was hold and we can see nice doji candle, then the third attempt which holds pair above 0.000063000. I would recommend small stake for...
This is detailed analyse for my previous idea on Weekly chart : As we can see on Daily chart pair found support at .00200000 which hold pair for some time with probability that this support will give a boost to the pair to move higher. I set SL and TP for long position. I suspected that 200 ema will come with help if the pair will decide to consolidate for a...
I'm observing this pair for some time. There is interesting double bottom formation visible on Daily chart. Important here is fact that it bounced from psychological 0.0010000 level which is very powerful indicator for trend reversal. Double bottoms are very rarely perfect but this one is very close to be one. What I would expect from the current chart is that...
We can clearly see here that the support has been created around round number 500. It created false double bottom buy signal in December. Area between mid of February and beginning of March shows interesting formation when pair tried to break the support with negative results. There is second important level which is created by consolidated three GAP's on daily...
Don't usual dabble with commodities or metals but this looks like a potential trade to go short. The triangle formation shows a massive reversal of the uptrend plus the double bottom has been formed and continued on with a big short bar.
Bearish movement stopped around 0.0002500 and tried to moved below for 3 consequent months. March comes with strong bounce from that level suggesting trend reversal. Pair bounced from mentioned level and created big bullish candles on monthly weekly and daily chart. Chart 4h intervals reveals quite interesting formations suggesting further gain of ppc vs btc. ...
Watching apa here retesting bottom support could see a very nice turn around soon when oil starts to rise
Today $GLLK confirmed that the bottom was in after breaking out of the .0004 resistance zone. After hitting the .0005 mark the PARSAR on the 52 Week Flipped into a bullish confirmation. The first time in months ensuring this pincher chart one very similar to past ones such as $IFAN and $KGET was gearing up for a massive run. The candle today was very long however...
Don't need much more to say other than I told you so lol
This fairly new market has its own psychology of trading. I found that many times crypto crowd follows simple technical formations. We can see here very nice double bottom with Doji candle, plus square number which it seems that is respected by crypto community. 0.0020000 was respected twice within the 3 months. I assume that this pair will go up and it will soon...
My view - Corn looks to be setting up very nicely just a bit more dip would be great and im in
Shipping sector is about to go bonkers with the BDI moving north in addition to possible Exxon news. $DRYS being the obvious leader has been a good predictor of movement. Right now $DRYS is breaking out of its downward trend and $SHIP with the incredible news of getting rid of their debt vehicle yesterday is poised to be the one right behind $DRYS to make...