Head and shoulders followed by a rising wedge
After moving sideways for the past couple days, finally momentum has increased and a potential breakout back to 1.33 levels are probable. Otherwise a heavy rejection from the Orange range will continue to pull us further downwards following the Red Arrow to the lower 1.32350 support.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount) We did a double top and we're getting ready to test the immediate support below at pivot (P) again. Wave C can lead us to 0.786 Fibonacci level.
This turkey must think now that its a couple months after thanksgiving that its safe to roam the charts out in the open...however, when a deathcross turkey appears it typically tends to bring hungry bears soon after it. in 10 minutes from now we should see the 3 hour death cross occur on btc...on xrp when the 3 hour death cross occurred recently it coincided with...
BTC was situated into a triangle with a buy pressurse from bulls slide but they topped at 4045$+. Bears was keep this momentum and made a breakdown from this triangle and now is sitting into a big support at 4h timeframe Macd is below neutral zone-0- with a huge bearcross, RSI it s oversold and Stochastic also.About VPVR between 3771 and 3879 is a lot of...
We have followed the recent lower high with a lower low putting the bears fully in control after hitting my last ideas drop target with exact precision...we have seen a decent bounce since hitting the target but probability highly favors this as nothing more than a dead cat bounce. There is a possibility of forming a lower high here but I don't see much more being...
While the chances of an inverted bart up from this bearflag are very possible considering rsi levels at the moment...I'm hoping more that we continue the trend so we can finally get this capitulation candle out of the way and bring this bear market to an end. If capitulation is near I anticipate we will break down from the current bear flag right around the time...
A largely dangerous and sideways market for crypto. BTC trading within 2% ranges for 76 and 60 hours respectively. if the next series of volatility brings in bearish movements, it is good confirmation that crypto may be ready to set new lows. We saw a strong resistence at 4100$ we dropped back the candle i have marked is bearish and i dont like it. The 0,236...
SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Alright, for once I'm going to post a short analysis. Just wanted to post a chart with these crazy lines I've been looking at. As I've been saying in my updates, I've been seeing some warning signs that we could be in for another leg down soon. Looking at this chart, you can see we have a GIANT diagonal resistance from the ATH peak to very near the current price....
SMH has falsely break out of the 98 double top resistance level on the back of some positive general market sentiment. However, the break was short lived and it has been quickly auctioned back into the old trading range. A false pattern is a powerful pattern in itself as a failure at one side of the range tend to fuel move to the other side of the range. Now I...
Cac has broken down from the crown formation back in the October, but the 4900 level were holding up as support. However, things finally started to crack and the prices are breaking down from that level. I think it is inevitable that the Cac is going to challenge the 4600 consolidation area. That range contains a good half year of price action, which should...
We can see bitcoin has formed a symmetrical triangle on the 1hr and the 4hr charts which we all know is a continuation pattern...and if we look left we can see it was preceded by a big bearish drop o odds are good we will be continuing downward...I have a limit buy set up right around the neckline of a head and shoulder pattern down there around 3.4k I feel this...
As I anticipated in my previous btc idea, the fakeout is now confirmed after we failed to achieve a higher high and we have now achieved a lower low to follow that lower high..always a recipe for a down turn...there is a chance that we could turn around in the 3.4-3.6 range to complete a right shoulder...but it's also very possible that we could just keep...
As you can see on the chart, the price has broke out the prevailing downtrend (marked in transparent pink), also a divergence has figured at the end of the uptrend. both are cause of an incoming downtrend. Don't forget the stop loss.
I have been looking for a mid-term short entry for a while now on UJ and things are starting to line up. Price is being held by a long-term trend line at 114.4 which has been rejected 5 times on the Daily there is also a big Gann level which price is reacting to at 114.00. Retail short sentiment has dropped from a month ago after selling the whole way up, Volume...
trend line breakdown and the price return to test the line