In this breakdown we see the descending scallops outlined in red with the twin rounded bottoms on a downtrend. The green represents the Ascending scallops and the estimated movements as we are seeing the trend reversal occur and begin the first of two rounded bottoms shapes that will comprise the whole of the first scallop in the uptrend. If this scenario plays...
This is a clean symmetrical triangle which should see a break out to the upside just beyond the formation then a drop below the formation before taking off to the upside in a big way. If you agree throw me a like follow if you want more updates and concepts regularly. Much love
This idea shows a 30 minute descending triangle inside a 1 hour descending broadening wedge. The descending triangle is the catalyst that moves the price action down to do its second bounce inside the broadening wedge. To validate this we want to see the price action continue to be rejected and head to the bottom of the descending triangle, break to the downside...
This is a idea based on the fractal I believe we are within. This will be a bearish scenario where the right side of the scallop fails to exceed the last highs. This idea will be invalidated if the PA exceeds the left side highs of the scallop. Only time will tell what moves Bitcoin makes here, but volume was lacking as we entered this consolidation region. Even...
Great bullish outlook on this idea with a broadening wedge nestled inside of a broadening wedge. The interior wedge explains and signals the movement to the top of the outermost wedge. I expect we will see some real good movement here. If you like my work throw me a like and follow for more.
Zil is coming down a bit further with before we should see a trend reversal. This particular pattern resembles a "Scythe" and is one of my patterns I created. Targets are laid out for the movement and the slight pullback levels. We can also see what appears to be a bull flag formation that is almost complete on the RSI. If you like the idea hit me with a like and...
We fall far from here all the way to 3800. We will bounce off key support levels which I will post following this chart. You will see we are finished up a descending scallop and am falling from here. Watch your alt coins as BTC falls to its support levels. As it enters HCR (Horizontal Consolidation Regions) we will see pumps from alts so keep an eye out to catch...
Looks to be throwing a ascending triangle that was entered from the above the triangle which signals a drop after a slight pump in to a descending scallop then down to bounce off the triangle up then fall past the apex of the triangle. The pump from the triangle will not exceed the support levels at the bottom of the HCR(Horizontal Consolidation Region) that the...
Target at 41.23 expected in 16 days. Stop loss a few pennies below 37.6.
Potential Accumulation with Partial Decline. Macd negative momentum waning RSI oversold territory
Looking for a Big Picture Breakout, One Way Or Another, Sometime in September. According to the Giant Symmetrical Triangle. #Bet
XRPUSD 4H approaching the peak of the potential double bottom. If it closes above that, one could interpret this as a bullish confirmation.
Who knows just killing time here...
BTCUSD: Bump and Run Reversal Top Scenario Based off Bulkowski
BTCUSD: 2019 Repeating 2018 Bump and Run Bottom? - Bump and Run is the #1 most bullish chart pattern Per Bulkowski (thepatternsite.com) - To identify a Bump and Run, look for a frying pan base with a downward sloping line with a rapid drop then leveling out with a rotated turn. - "The bump height, as measured from the trend line to the lowest low, should be at...
BTCUSD Ascending Broadening Wedge/Falling Wedge 8.1k-8.6k Bottom - Two Alternate Ascending Broadening Wedge Formations Drawn with decline leading into bullish Falling Wedge formation. - Breakouts downward of ABW at ~10400 or ~9800. - Per Bulkowski, average decline of Ascending Broadening Wedge is 17% - Targets ~8640 and ~8140, respectively.