Chart Patterns

So it has been a while again since i have written a big story here. Since the breakout we had on Monday to the 6700/6800 Bitcoin has surprisingly been moving sideways again :). Price movement was looking quite strong since that breakout and we could see some profit taking and selling at the 6700/6800 but then the hack news came out and messed things up again for ...

This is a follow up analysis of my previous Bitcoin analysis (See related ideas below for information regarding this). Price failed to stay above 6720 and closed below this level, therefore giving a bearish sentiment for the time being. Price is currently trading at a horizontal support level between 6430 and 5910, and looks weak. There is multiple bear ...

Bitcoin Buy Signal: - Oversold on the RSI (1h, 2h, 4h, etc). - Outside of Bollinger Bands on 4h time frame. - TD Sequential. - There is always a bounce after a strong drop... Enjoy. Namaste.

Good morning! Almost 3-4 days we have seen BTC sideways movements, little exceptions here and there! But if we move sideways it doesn't mean that we don't break or don't see some price action patterns. Yesterday we break one significant support - curve support, this is for us a little bearish confirmation. 4 hours ago we got also another bearish confirmation when ...

Timing is the hardest part, but one thing is almost sure, the crypto market is going to crash. As I already mentioned in my previous forecasts, my method is: 1. extract data from the web that tell what is the general trend and how strong is this trend. 2. fit this trend into the chart with a little bit of TA and volume analysis. 3. use the volume profile tool to ...

This is a news drive market. The last 3 moves are based off news and nothing happens in the between time. This is a dump in response to Japan telling exchanges they need new game plans against money laundering. I am personally not looking to play an oversold bounce... they are not nearly as profitable as they used to be. Give me 4 hour RSI at 20 with a $6k ...

Hey Everyone :) I am back in Melbourne and recovered from my epic 33hour New York flight (each way) and week adventure! New York was not my favourite place that I have travelled to, but I did fall in love with Central Park and so many amazing things to see! Especially the Cello and Violin duet of Pachelbel - Canon in D, my favourite classical piece <3 So lets ...

Global trend is down. Moving in small up trend channel and Triangle. I see pattern - rising low. Waiting for break out resistance line of this triangle till 50% level fibonacci. Stoch (RSI) - oversold

News dump in response to Japan telling exchanges they need to change their systems to quell money laundering. Yeah I used quell. I personally am not trading any oversold bounces until 4 hour RSI gets down to 20. Too many bear flag weak bounces the last 6 weeks. Bears have complete control after daily EMA rejection and now it is just a question of if the bulls ...

*Best read in Bob Ross's voice" Hello, I am Bob Ross. Welcome to this edition of Trading with Bob Ross. Please take a minute and make sure you have all your supplies ready. For this episode, you will need a few things. Your canvas, your indicators in phthalo blue and some crimson red rsi . If you are ready, I will show you how to make some real masterpieces. ...

Price is approaching our first resistance at 146.12 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where price might drop to our major support at 144.61 (horizontal swing low support). Stochastic (55,5,3) is also seeing a bearish divergence and is approaching its resistance and a reaction off this level might see a ...

LTC We don't use the term "crash" often but LTC looks to now be in crash mode. We presently have no position in LTC whereas we closed our shorts last week and made all the "easy money" but would now like to get LONG LTC but at a price we think it will hit that is so low we won't even post it because the haters will be all over this if it doesn't hit our number but ...

Price is approaching our first resistance at 0.9839 (horizontal overlap resistance, 50% Fibonacci retracement) where price might drop to our major support at 0.9750 (horizontal swing low support). Stochastic (55,5,3) is also approaching its resistance and a reaction off this level might see a corresponding drop in price. Trading CFDs on margin carries high risk. ...

Hey Everyone, I was looking at some ICOs and ETH prices... wow super cheap... but also noticed a couple of patterns here so thought I would share my thoughts on the current situation I am seeing at the moment... ETHUSD chart has 2 very clear patterns right now and could be either. I see this as the reason we may still be correcting. I noticed the pattern in ...

The bear energy is obviously weakened, Strong underside support, Investors can choose Buy Limit at 6107. It is more likely to rise again in the future with the help of fundamental news.

Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!

Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!

$GE was kicked out of the DJIA, this is a massively bullish contrarian signal. It is very clear we have seen the bottom here. With the new CEO shaking things up already, the only problem in sight is the mountains of debt the company has. Definitely worth a punt, given the huge reward to risk ratio here. You may try a tight stop, with small risk in the trade if ...