TRX Tron is showing confluence for an upside swing to hit 0.175. It has just broken out to the upside after a bump and run, a three drives reversal, within a descending triangle. An additional confluence point to take notice: It has also hit the Fibonacci Golden Pocket retracement level. Overall market structure looks bullish.
Hi All, I believe this current structure falls well into a strategy model that I'm very familiar with and so far its ticking the boxes. If you want a fractal or reference to this structure, then here is one. The video does the explanation on key points. As for the strategy, that for you to find out from the clues I have given. Even on the tags. All the...
Firstly idea spotted by @_Crypto_Maniac_ - im just adding some more details with below explanation for learning purposes Bullish Bump and Run The bullish bump and run is the same setup of the bearish pattern, just on the opposite side of the trade. The bullish bump and run pattern starts with a standard bearish trend. Suddenly, a relatively big bearish trend...
Bearish to approximately 1.1780. This trade set up is similar to a bump and run reversal, with the exception that the trend line angles are not exactly a prescribed with a bump and run, but the factors that make up the bump and run are still applicable. Expect price to fall to the lead in trendline that also lines up with a respected support zone. Confluences:...
Hi All, Looking from bullish perspective in the coming weeks and months, we can stipulate price action as long as some conditions are met. These stipulations or assumptions have to be confirmed along the way, otherwise this "THESIS" is only that. Having said that, lets move on. Have you heard of the bump and run strategy, if you havn't, then you wont understand...
ADAUSDT has been forming a Wychoff distribution pattern, this resulted in a bearish push lower, but price has been snapped up. The recovery has resulted in the price action "jumping the creek" of the downtrend and is starting to form up as a bump and run bottom on the 1h timeframe. Target for this play is the top of the previous trading range, where the Wychoff...
LINK / BITCOIN This pattern confirms as a valid one when the price closes above the resistance line.
As my brother said it, Link is a honeybadger right now that don't give a rip about fud, about other coins, about bear raids. Chainlink is just going to wreck everything and so you might be worried about being late to the party. I don't think you could be late because this still has decades of gains to put up. As is continues to emasculate all other coins we...
The bump and run reversal chart pattern, also known as BARR, is a reversal pattern that is formed when a stock goes through a fast and large price hike as a result of excessive speculation in the market regarding the stock.
First of all - let me clearly state that this is solely a EDUCATIONAL IDEA & not a short recommendation - Shorting parabolic bull markets is not recommended especially for beginners and this idea is solely to give you a understanding of what A POTENTIAL blow off top can look like. If you want to show your appreciation for the insight - then i would greatly...
It seems that Litecoin ( LTC ) is currently on the Run phase of a bump and Run Reversal, and at the same time, it seems that it is also making a bear flag. If this is true, it might send bitcoin towards $40-$47 area (see red box) What you guys think? Leave a comment and a like! Only for entertainment purposes!
Looks like BITCOIN ( COINBASE:BTCUSD ) is making bearish Bump and Run Reversal, currently it broke the running up channel, making the Bump, when the bump loses momentum, it will start to collapse, and it will comeback into the channel, then breaking the channel it self. The max target could be where the run started, which is at $3900 area, but it could bounce at...
Hi All, This just another update to the previous chart, link supplied below explaining the price action of ETH using the Inverted BARR method. A bit of a scenario I missed out on the previous post for the short term. I stated where the resistance trend line will be but I did not factor 2 scenarios, 1 with logarithmic scale and the other not. > If it breaks above...
Hi All, I'm going to do a few of these charts today and I'm not afraid to be wrong. For now, this NEO chart makes sense, based on fib. levels, trend lines and formations. Its not a trading advice but a means to plan for the shorts and where to go long. NEO.BTC overview, inverted barr structure Please give me a like or tick for this...
The bump and run formation is something that is usually looked for with a lead in of six to eight weeks and not six to eight years, but as I charted silver futures against the NASDAQ I saw what was there. This post is long silver against everything, especially the NASDAQ The Bump and Run Top is one of the preeminent charts for understanding blow off tops and the...
Channel based buy Sitting at the bottom of the channel A 'bump and run' is present A bump is where it is knocked out of the channel briefly only to 'Run' back to the channel.