Dear traders, after a long term decline, it seems the pair is bottoming here with a probable double bottom pattern as well as a bullish butterfly. The price is well above the WP which could cause the pair to rise towards 20.275. Let's See!
We can see the Butterfly pattern/
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Confirmation of a potential breakout past 14000.00 would allow market bulls to join the existing uptrend. They can open long orders just above this crucial resistance while placing their stop-loss orders around the dip of the last bearish pullback (around 13700.00). The significance of the latter is also confirmed by the fact that the 20-day MA (in red) is...
Although a lot of traders are looking to short GBPUSD, the technical setup doesn't show any signs of weaknesses on this pair. The market has hit Target1 2times on the Bullish Gartley Pattern(yellow) setup. Will there be a Type3 Gartley Pattern? Well, I doubt so, it is more likely to have a Bullish Butterfly Pattern(blue) than a Type3 Garley. I'm waiting for a...
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chart inverted!😉 because a BEAR market is a bull market for BEARS!!!!😁🤷♂️
Dear traders, after a massive selling pressure, the pair compensated some of its losses. However, by rejection at the WP, and a forming bearish butterfly, it seems we could see the revisit of 240$. Let's See!
Here on the yen we have a bullish butterfly. the completition point is at the yellow line. right now we only have one oscilator in an extereme area. We are looking for the HSI to dip into the extreme area. I hope this pattern is an introduction into a true reversal.
here we have LiteCoin the 4th most popular coin on coinbase (COIN). this is showing a regression in price. cryptos are acting like stocks at the moment and just going up with no rest. I am not a big crypto person, as I have similar views as the SEC does and think they are an asset instead of a currency and some of the coins offer an interest rate for holding them...
Dear traders, WTI is capped below a resistance area and a bearish butterfly is pressing to the price to the downside. This could cause a fall if the price stays below 64$ per barrel. Let's See!
Dear traders, as the chart shows, 1.2470 has supported the pair in last during sessions. This could cause a rise as a bullish harmonic pattern is forming either. Put this in your watch list to enter long.
A bearish butterfly has just setup on the 1-hourly chart. This Harmonic Pattern usually will create a V-Top and hardly retest. However, I'm not staying up till 0200(+8GMT) or 21:00(UTC+3), the call is yours, I'll access this tomorrow.
BTC is showing exhaustion on the MACD and RSI at the Logscale 1.618 PCZ of a Bearish Butterfly and looks to be gearing up for further downside. The way I plan play this move is by buying the 3X Short Token for BTC as it looks to be breaking out bullishly on on the Daily RSI and the MACD seems to be ready to make some more Positive Momentum. The weekly for this 3X...
As you see... After TP1 finish. move SL to BE at position two.
Bullish Butterfly Harmonic Hidden Bullish Divergence RSI under 30 so oversold Approaching major support at 11.69$ Looking for 50MA Curl and confirmation candles for a 61.8% golden retrace
The RSI looks exhausted as BTC continues to try making higher highs and the MACD looks ready to rollover. There is also confluence with the Logscale 1.618 and the Linear 3.618 at these levels and i would not be surprised if we get a corrective pullback to the 20k area. If 20k doesn't hold then i will change my corrective pullback bias to a capitulative crash...