From the first low at the beginning of October until now, it seems like silver has formed a double-bottom chart formation. Furthermore, since the beginning of December, the chart pattern looks like an inverse shoulder-head-shoulder-formation. So we have two signs of going long in this chart. At least until ~22.50 USD, and then we might need to re-evaluate the situation.
From a purely technical standpoint - this chart pattern is bullish. If you ignore the ugly spike on November 11th, this is a nice symmetric triangle which, as it occurs in a bullish trend, is more likely to get resolved to the upside.
Of course, it all depends on what BTC is doing, but the likelyhood that the trend will continue in the 1st half of next week is a...
AXS tried to break the resistant top line of the wedge forming before but couldn't keep moving up
and failed. so this time if the 4h timeframe candle can manage to close above the line and BTC
holds too then we can expect a nice and decent upward pressure.
support and resistant targets are on the chart.
Enjoy the market
Really quite simple. OXTUSD currently trending up. About to break above major accumulation area (currently resistance) that is ranging on the 4hr chart between .3637 (purple line) and .3773 (black line). Past resistance will become future support. But once we break this resistance area , I believe we'll go to the 200 day moving average pretty quickly (like within...
My last chart's thesis has not changed (). I called for XRP to reach ~$1.50 (when it was at $1) followed by a large retrace back down to the $0.75-$0.50 range which would set up a move toward (and beyond) the previous ATH.
In this chart, I'm highlighting the only 3 times the daily RSI has closed below 30 since XRP bottomed in March 2020. The previous 2...
Not investment/trading advice.
It was requested I updated my TA. Can't provide a whole lot of information..
but the ride with CRO has been great!
We have seen a great bullish trend, following the blue bull trend line which has proved to be strong.
However it has been broken a few times. Just recently dipping below the bull trend line finding some support above...
This is an update for an ongoing $PFE position announced in an earlier post on October 2nd titled "$PFE Expect A Move Towards $41.94".
Currently, $PFE is still respecting the Ascending Triangle chart pattern, where after touching the slope of higher lows at around $35.50 to $36.00, it has flown past our optimal entry level of $36.36 to $36.46...
RULES FOR BIG 3 INDICATOR.
Add 20, 40 , and 80 sma to chart.
Step 1 - Bullish uptrend with price above all 3 ma's.
Step 2 - Bearish Pullback with Price below 20 sma .
Step 3 - ENTER TRADE when Bullish Reversal Candle Closes.
Step 4 - SL below the current swing low.
Step 5 - Close trade when Big 3 Indicator changes color of the column to Yellow or Red.
Welcome to this quick update
VET is looking strong again and after a long tear and a healthy correction, VET is back on in action again.
We can see VET bounced to strong support not once but twice which shows that there is a strong interest in this zone for buyers. Also as VET is one of the top altcoins and not everyday shitcoins! We can see VET again going for a...
#AMB - Heavy consolidation after a breakout with good volume.
1st TP: @ 0.00000674
2nd TP: @ 0.00000716
3rd TP: @ 0.00000815
Stop loss: @ 0.00000579
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and...
#POLY - Making a nice consolidation below the 1300 resistance, about to break it and above the 4H ma99 after trying to break it a couple of times.
1st TP: @ 0.00001462
2nd TP: @ 0.00001677
3rd TP: @ 0.00002010
Stop loss: @ 0.00001219
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into...
Bullflag:The Bull flag pattern starts with a bullish trend (pump) which is called FLAGPOLE after this suddenly turns into a correction inside a bearish channel .If we have sufficient volume and we can confirm the authenticity of the flag pattern probably the price will start a new bullish pulse(is important to break the resistance of FLAG
The flag chart pattern...
Looking at our highest timeframe we see price respecting our dynamic support at 45 satoshis, stochastic rsi showing momentum close to bottoming out. Resistance at 70 satoshis rejected us in forming a higher high.
Shifting over to our pattern timeframe we see price has recently broke out of its descending parallel channel. A daily close above 49...