TECHNICAL ANALYSIS: #SHIBAINU (4hrs update)
In 4hr timeframe, Shib has Been in Bullish Trend & at the Moment, Consolidating in Flag from local top.
#shiba is Forming Bullish Flag Which is a Continuation Pattern So In Case of Breakout, Expecting Another +50% Bullish Wave ahead (Maybe in mid November)
Expecting More Consolidation so SHIBA Might retest the...
The Bull Case; Bull Flag has formed, looking for continuation and to test ATH. The Bear Case: follow the path of the previous Cloned Bull Flag that broke Bear, to retest the H&S Neckline.
1.Price has broken out of a descending channel - 90% chance of it going to the top of structure
2. Bullish flag - another descending channel so 90% rule again
3. At an area of daily support
If we chart this recent stretch to a bull flag and it holds above 62K then we see a 20K run up to 82-85K at the minimum. Of course the volatility in BTC is always a challenge.
At this time we are waiting for a ATH and close above in order to set our stop loss at BE. We are long from 63K
Bullish flag on Btc. We had some what of a downtrend then price found some support around 39368, then started to rally back to the upside. Formed a Higher high giving us a BOS break of structure. Then somewhat of a divergence on the rsi on the 4Hr TF forming higher highs but price is clearly showing lower lows within the flag. Price reacted soon as it reached the...
- SHIBA INU - SHIB - Rank #11 - Token.
- On the chart we can spot a huge rising wedge on the LOG scale.
- Also the chart is printing a bull flag / bullish pennant!
- Crypto market usually ends with a double top / double bottom, so there is still a space to go.
- I would not buy Shiba inu, it's just a technical analysis.
- For expected duration of the trade,...
- Link is very bullish on the weekly time frame.
- We can spot an ascending channel forming on the weekly timeframe.
- Previous swing high acted as a support + bottom of the channel!
- Profit target is top of the channel.
- If you take a look at RSI we can see, that this oscillator is ready for another pump!
- For expected duration of the trade, probability,...
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been covering $MU for the past few months. After consolidating...
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been analyzing gold and silver company Comstock Mining $LODE for...
In H4 timeframe we see a Shoulder Head Shoulder (Inverted) and also, I look a bullish flag channel in H1 timeframe. But now, I want to just enfocous in H4 timeframe, we look another bullish perspective for Bitcoin price.
Meanwhile, in Daily timeframe, we closed up with a bullish hammer candlestick. For the moment, there's not any bear signal that Bitcoin drop...
Hello Padawans,
First of all do not take this as a piece of financial advice.
I am really bullish on crypto.
But I am bit neutral till a breakout.
Let's see what's gonna happen.
Cheers.
May the force be with you,
- Litecoin - LTC - Rank #17 - Coin
- If we take a look at the chart, we can definitely spot an ascending triangle.
- We have very important double top resistance right at the ALL TIME HIGH level.
- Litecoin is prepared for a huge pump!
- We need litecoin, because bitcoin transactions are very expensive.
- That's why everybody uses litecoin at this moment....
- On the chart we can spot an Impulse Elliott Wave and ascending parallel channel!
- As you can see we are currently at the 5th wave to the upside, which can be huge!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- The coin started this uptrend by the...
BINANCE:SHIBUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#SHIB has retested the 0.618 FIB's level on logarithmic chart and now it's bounced back into range zone from the daily demand.
Also it's formed a 2H demand in HTF demand zone !
Based...
First of all this is my first publish. Please feel free to comment and correct if you saw some mistakes. Happy to hear all the bad and good voices.
After SHIB's first raise it swing for 16 days and created a bull flag. During this flag creation it tested the bottom 2-3 times but mostly swing b/w 0,5 and 618 fib levels.
I believe we are following a similar bull...
What Is a Bullish Flag?
Bullish flag formations are found in stocks with strong uptrends and are considered good continuation patterns. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle but is...
This is a classic bullish pattern domino effect. I everyone of these patterns breakout points converge like it appears they very well may, as one pattern reaches it’s measured move breakout target it will rigger the other pattern and so on and so forth. Ultimately, we need the pink horizontal line(inv h&s neckline) to be flipped to solidified support long enough...
- VeChain VET - Rank #23 - Coin.
- The chart is printing an ascending triangle - bullish continuation pattern.
- As per my Elliott Wave count, we are in the 5th impulse wave to the upside!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to...
