Bitcoin (BTCUSD) is on the rise again following a late Sunday pull-back. This is a short-term analysis on the 4H time-frame where we point out the similarities of the current fractal with October 02 - 06 and September 19 - 23. As you can see the blue circle indicates that BTC already priced the first Low on the 0.236 Fibonacci level when the descending (Channel...
Good time to accumulate #DEFI coins 💎📝 Keep an eye on it 👀 Trendline Trading Strategy What is a trendline trading strategy? In technical analysis of financial markets, a trendline is a diagonal line drawn through a chart to show the trend in price. The slope of the trendline shows the direction of the trend: if the line has an upward slope, the trend is up...
What is a Symmetrical Triangle A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or...
$CELR Performed Bullish Symmetrical in 4HR tf What is a Symmetrical Triangle A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising...
EURONEXT:AVAX Performing Falling wedge in 1D Keep eye on Breakout Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would...
LSE:TRB SOON BREAKOUT How to Trade Breakouts Using Trend Lines, Channels and Triangles Trend line As you may know, a trend line is a trading tool. That’s right. It’s a trading tool, not some magic line on your chart! It means that the effectiveness of this tool lies in how well you use it. But here’s one thing it’s truly good at: Helping you identify...
Floki Inu (FLOKIUSD) is posting a massive 3 week bullish sequence that the crypto hasn't seen since January. This time it is on a 1W MACD Bullish Cross that is still below the 0.0 neutral mark, meaning that the upside potential is significant. We expect a pull-back towards the 1D MA50 (red trend-line), but as long as it holds, it should spur the second wave of...
Bitcoin (BTCUSD) has started yet another of its impressive rallies and it's not even its final year parabolic one as we aren't yet past the next Halving! However as you can see on this 1M chart, +300% (310 in our particular example) rallies aren't all that uncommon for BTC even in the stages before the final parabolic rally, which is historically the most...
Pepe (PEPEUSD) is having an amazing 6 day bullish streak, breaking and closing above both the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line) during that span. This is the bullish leg towards the top (Lower Highs trend-line) of the 5-month Channel Down, so even though we expect it to extend some more, be cautious and get ready to sell at the top. The...
Gala (GALAUSD) hit the 0.01700 bullish break-out target we gave almost 2 weeks ago on the RSI Bullish Divergence: Since the price broke also above the 1D MA100 for the first time since April 20 but mainly the Channel Down pattern, we shift to the larger 1W time-frame in order to identify the long-term trend. As the 1W MACD just formed a Bullish Cross, while...
Bitcoin (BTCUSD) had yet another great fractal signal last time we looked (October 13) that caught this whole $8000 rally from the 1D MA50 (see chart below): Many still argue that fractal analysis doesn't work, but for BTC in particular it has proved that time and time again, helps at providing timely entries and exits, especially on the long-term...
Chainlink (LINKUSD) smashed through our 8.000 target (and the Lower Highs) that we set on the September analysis (see chart below): The price made a 17-month High, broke above the 1W MA100 (green trend-line) for the first time since the week of February 07 2022 and has essentially welcomed the new Bull Cycle as it's now above even the Bear Cycle's Lower...
BTCUSD along with the gold are two more or less clear markets for my strategy as for now, that's why will publish some updates on them. BTC from the time of the previous update created a clear push and taking overall context into consideration, one of the possible scenarios are continuations to the upside. See previous ideas for more context. ☝️Dear traders, no...
Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart...
$CREAM performing in 1hr symmetrical triangle Trading a symmetrical triangle pattern involves identifying potential breakouts and using technical analysis to make informed trading decisions. Here are the steps to trade a symmetrical triangle pattern: 1. **Identify the Symmetrical Triangle:** First, recognize the formation of a symmetrical triangle on a price...
**$BSW near to Break down\ward trendline ** Trading trendline breakouts is a popular strategy in technical analysis. It involves identifying key trendlines on a price chart and then executing trades when the price breaks through these trendlines. Here's a step-by-step guide on how to trade trendline breakouts: 1. **Identify the Trendlines:** - Start by...
Mina (MINAUSD) is having the strongest 1D candle in its history, so far more than +80%, breaking above the 1W MA50 (blue trend-line) with ease for the first time since late April. What's next is the 1W MA100 (green trend-line), which on this momentum can get hit even today, and is slightly above the 0.382 Fibonacci level (1.0922). The actual horizontal Resistance...
BTCUSD SHORT if you go to lower time frame you see a MSS and also we have Be/FVG .