BINANCE:QKCBTC Quarkchain looking like it's coiling into a nice wedge and might break out to test previous resistance around 340. If it breaks out, it might have a nice continuous curve up to test the 750 range. Keeping an eye on this one.
BINANCE:BTCUSDT BTC meets key resistance at $7630, as mentioned in lastest analysis, from now a small retrace is expected. This retracement, is also called as a 'dead cat bounce', might push BTC to $8100 area to finished fourth wave, will following by a massive sell off that might end up at $6700 (Fibonacci 38.2% level) or $6000 (Fibonacci 50% level) in panic...
I have no position in this yet. Waiting for confirmation
I see a very long bull flag.... If it pops it would be a big trade.
When you see candles grinding up against a trend line like we are seeing now, there is a good chance that it's about to break through. We also know that COINBASE:BTCUSD has been in a consolidation pattern for a few days now, plus the fact that we are above the pivot point indicates that momentum is still to the upside. Also every dip his been bought up almost...
OANDA:XAUUSD Dear all, GOLD has been rejected at his most strongest support area at 1266/1270. Yesterday bump has projected Gold to hit again his resistance at 1286/1287; Correction in act in the last few hours seems forming a bull flag which could lead Gold to retest 1281 support and consequently project it to hit 1290 neckline (daily H&S) resistance. Elliot...
Looks like the beginning of a bull flag breakout on Eth/btc. If the pullback is limited at the 38.2 fib the upside is large. I see resistance at many levels, indicated with horizontal red lines, but the daily chart looks good. What do you think?
Hello Crypto trading guys, long time no see. Yes, I am still alive and still analyzing the charts for you. So welcome back to another small chart analysis by your famous "triangle trader" aka Muckrah. What I can see at the moment is a big waving Bull Flag in BITSTAMP:BTCUSD . We are talking about the one hour chart as you can see above. Perhaps we will see...
Prices dropped sharply before forming an ascending wedge, which topped out at the 76 price level. Now, price has already broken out of this corrective structure to the downside and is making a continuation move, with two opportunities to scale in already gone. But you can still jump in with proper risk management and target the bottom of the corrective structure,...
BUY & 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 !!
It appears as though Dash is trading in a Bullish Flag on a larger time frame & a descending triangle on a smaller time frame. I notice money flowing from BTC into Dash. I like to see this at these hours. Pick your poison. Time will tell per usual.
So we had a a pretty rough day yesterday, but this is what you signed up for trading this market. The movers stomped out some stops yesterday and while everyone was buys freaking out over a few % points the whales were busy collecting all their coins. You have to be ready for volatility like we saw yesterday, because your trading in a unregulated market, with...
Bitcoin has been bouncing of this upward RSI trendline for a long time. It is just a matter of time before it breaks and we go quite a bit lower, but it might just have enough room for one more push.
I see a bull flag forming here. Once we break the pattern, it is likely we will create a new flagpole with another huge 50% moonshot in a small frame of time. Be ready! Also I see this diving down to 0.02-0.0225 before recovering so DO NOT buy in now at almost 3 cents.
If the bull flag plays out, ETH should be making a pretty big move soon. You have the BB contracting, and a triangle pattern more than 2/3rds finished. By definition, you usually set your target the length of the pole, so we'd be looking at an ~50% gain if this plays out! Now that's only if the continuation pattern continues with the current trend, keep in mind...
November targets may be on the horizon. Keep a close watch
Gold forming a bullish flag.. and making higher lows the last few months.. Your thoughts?