IF you have been following my charts you know that i have a wave 3 target in the 650 range which still stands as of now but im keeping a close eye on it as the RSI on the 6 hour time frame is showing overbought but the MACD is still showing bullish. If this goes past the 1:1 fib range we could see a shoot up to the 1.618 fib region which would be around 720. If we...
Well actually your guess is as good as mine.... Love seeing this long, multi-month downtrend being broken to the upside. The fact that we haven't been smacked down back into the bearish channel is definitely good news for the price. Finally on the chart we can draw another long term trend line that BTC is meeting right now and is hugging pretty closely. I...
4HR First time i show my enter at xrpusd on the pullback it was a really good enter point the next target is 0.82-0.84$ i enter the trade at 0.63$ my strategy is to swing this trade now, Stop-loss is already in profit
Digibyte is at a crucial breakout point on the 4 hour chart. This saucer formation started on March 12th and we're finally testing these levels today. A move out above this resistance point here should have some legs to get the price to the 3.5 cent level before pausing to at least digest the move. The RSI is flirting with overbought territory so that may delay...
Chart says it all. Based 50m MC coin. What more do you plebs want?
Another good example of the importance of the BTC correlation. We saw a strong bull break on ETH and push to higher highs, but we cannot put too much faith in the bulls, as BTC did not break bullish. Now we have a bearish dump on BTC which is ending up looking like a big time fake out on ETH, if you are not aware of the importance of BTC correlation. This bull...
Gas has had quite a few periods respective the 30 day EMA. Now that the EMA's are crossing and the symmetrical triangle is formed. Expect a nice gain from GAS. Purchase around 255 SATs if possible and set stop losses accordingly.
The EOS formed a symmetrical triangle on H1 chart. It is a type of consolidation, where none of the market participants (buyers and sellers) controls the price. However, it is getting close to the point where the breakout is expected. The best approach here is to wait for a valid breakout (strong confirmation bar) and then place an order.
Steem has been on a roller coaster since it's release. It's seemed to have formed a nice symmetrical triangle which is a nice but signal for short term gains. If the candles remain tight over the next day, expect a nice pump in the price coming up to previous resistance levels. Potential for nice short term 10% gains, with a 4-5% stop loss to prevent against FUD.
Token is relatively new and seems to be going on a nice rise. Expect a slight correction to come. If the coin stays within the range drawn, expect a nice pump up early April, testing higher resistance levels.
Blue arrow shows where BitCoin broke support around 9573 line. Yellow arrow shows old support, now acting like overhead resistance. Red arrow shows short term price target, around 7463.
Compared few charts of dow theory and Wyckoff accumulation phases came up with this. Our fundamental bearish signals can give us confirmation where we are standing there.
BTCUSD Looks like Wave C has officially ended with 5 Sub-Waves + 3 Corrective Waves. We have a 5 Mini-Wave sequence to begin the Bullish Streak. I am expectiong a 50%-61.8% retracement that will happen in 3 Corrective waves. Will update soon. Stay thirsty my friends, -AB
Criteria 1. The upper shadow should be at least two times the length of the body. 2. The real body is at the lower end of the trading range. The color of the body is not important, although a white body should have slightly more bullish implications. 3. There should be no lower shadow, or a very small lower shadow. Signal Enhancements - The longer the upper...
Hammer The market has been in a downtrend, so there is an air of bearishness. The market opens and then sells off sharply. However, the sell-off is abated and the market returns to, or near, its high for the day. The failure of the market to continue the selling reduces the bearish sentiment, and most traders will be uneasy with any bearish positions they might...
BTCUSD We are currently at in the midst of WAVE C of the Correction which is 5 Sub-Waves. The Fibonacci Retracement Level to look for is 1.618. This selling will be intense and brief, hopefully your stop-loss hit so you can profit from the down turn. WACE C TARGET: BTCUSD $8898-$8143 Hold on...its going to be a little bumpy. Count the WAVES. Look for...
Descending Triangle Risk:Reward = 2.5+ CDT is a great project. Currently sitting on strong support that was tested 5 times.
Looking great and a nice level to buy, will reconsider when i see movement