Undeniably both fractals look similar. The November - December 2018 sequence with the November - December 2019 sequence. The first provided the bottom of the latest Bear Cycle. Can the current one provide the bottom of the June correction? This is what I will address on this study.
Let's start off with the similarities of the two sequences:
*It all starts with a...
Very simple idea. Price developing Ascending Triangle setup. We can buy at 1100-1050. Looking for selling position split orders at
Stop loss below 980 4h closing price.
Have a nice profits,
This is ArtemCrypto
After the pulse, a symmetrical triangle formed above the accumulation channel. The figure of uncertainty. But it is important that at the moment the price over the accumulation channel and the volatility is clamped into the corner of the triangle. Soon there will be a denouement of the situation.
1) The first goal in the event of a breakthrough of the...
On December 2nd, 2018, the ETH/USD chart:
Short-term volatility (orange) crossed down long-term volatility (blue) as seen on the indicator.
All four Quad CCI values were below -100, soon to be inside the first standard deviation again.
Because short-term volatility was down, it was easy to drive prices up.
One last selloff occurred, followed up by a parabolic...
VET was added to binance margin
Longing this demand zone for a dead cat bounce to form the right shoulder of a big head and shoulders pattern.
VET was hacked, so overall looking for trend reversal to come.
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As I mentioned at chart I see simmilar boxes at whole pattern of BTC. Interesting is that bitcoin can't fall now below 7k as it show that probably this is the dip and base of next moves. It's defend 7000$ zone very well and should go further as I shown in previous chart to the most important levels 7700 and 7900. Please read guys also about UVU in that article...
I've back tested it for you. 200 ema and 200 ma cross. works well to catch a trending move. does not get the absolute top or bottom bot it helps. don't ever trade anything blindly. if you have any questions feel free to message me.
Comparing BTCUSD Longs and Shorts (amount of long / short positions), e.g. as defined by Bitfinex, one can take a general idea whether most of the market participants are short or long. So, if we draw symbol like this: 100*BITFINEX:BTCUSDLONGS/(BITFINEX:BTCUSDLONGS+BITFINEX:BTCUSDSHORTS) we will get 0% - 100% chart, where 100% would mean 'everybody bought, no sell...
Currently holding a bearish bias for the short term on BTC
Any rally has been sold off in December and I believe we will now see a large move play out this week
I will look to short any upside moves on Monday following the weekly close
The most likely scenario is a run just below Novembers low into $6400 which is a weekly support level
From there we may...
The 1 hour is not offering any kind of patter which indicates a bearish continuation or bullish outcome in the near future. That being said it is safe to say that the dominance will continue to bleed out in my opinion so it may very well give it a little bit of help to turn this nightmare scenario around. I really wish I was able to keep an eye on it to provide...
EOS has been trying to break the down trend since the recent low on November 25th and is currently trading just below significant resistance. There has been a few unsuccessful attempts in the past week to break this level, however, sellers have failed to make new lows; longs have been able to maintain the upward movement (dashed yellow trend line). More...