1. Forming a rising wedge - if it occurs in a downtrend then it acts as a continuation pattern and in an uptrend its a reversal pattern.
2. Bearish divergence on RSI and MACD
Waiting for the confirmation if it breaks below the rising wedge, target of a dip is shown in the chart.
Recently announced parachain with dot, more fundamental news pointing to this coin being undervalued perhaps, saw a break, retest now it looks like we are seeing rejection and we are just waiting for the consolidation. Prob in the W form previously mentioned (all these coins seem to like it). TA pointing good (although we don’t even have a 100 day moving average...
If You Follow My Signal A Couple Of Days Ago, You Are In Profit Right Now.
With Entry Of: 10.5K
Stop Loss Can Now Be Moved Up To 11K
Our Previous Resistance (Yellow Line), Now Acting As A Support
--> NEXT TARGET: $12,450 (Which Was Also The Previous Resistance We Got Rejected On)
*If You Have No Position (Jumping In Right Now Is Risky (R/R Isn't As...
FRACTALS FROM SPRING 2019 PLAYING OUT
We Are Seeing The Same Pattern Bouncing Back On Support/Resistance Of An Up-Trending Channel.
TARGET: 450B MCAP
*Need To Break Above 363B (Current Resistance)
*Volume Indicates Stronger Buying, Most Likely From Institutional Investors
LET ME KNOW WHAT YOU THINK! 🧐
💡 IF YOU LIKE MY IDEA, PLEASE HELP AND SUPPORT...
I circled a fractal which was present prior to the October 2019 pump...which preceded the November 2019 mega pump. Prior the the October 2019 pump we got a dip in the Advanced Decline Line (ADL); which the vertical gray lines represent that point in time graphically. I believe we are currently in a similar period now. With the top trend line perpetually converging...
Flat on a DASH, don`t miss it.
On a middle of May we will get 60. After that price will go to 80...
It show us some fractal and Dash pattern (orange triangle)
To the end of Summer we can wait any growth
So, will see
Not the most ideal setup as the 2L/3L connection is not clean but the rest looks decent.
Generally these give a strong impulsive break or no reaction during our entry.
Let's see what the future brings.
Vlad The Crypto Trader
Due to the fact that we have a finite amount of capital, trade selection becomes key.
What trade should we enter if we're following 5 setups that comply with our trading strategy?
All five with the same size? - but doesn't each setup have it's own timeframe and Risk-Reward-Ratio?
That's where it starts getting more tricky. The beast that we are...
I never say never but it would completely throw my medium-term projections out the door.
Not that I'll be whinging. :)
My Secret Chart
There's only one person you need to follow when it comes to crypto.
Hello everyone #Binance Coin did a #doubletop and is now #consolidating in an #equilibrium pattern. I would wait for a break of this double top for the best safest risk to reward, should be looking for a break sometime tonight or early morning.
Amazing correction on 1h frame from 13951$ to 10700$ ..
For now we have a hammer candlestick in a confirmed correction down trend, if the next candle will close green we may see a brake out and the end of correction wave ...
Else than this, we can see deeper correction and we can touch the point of 8900$ ( I see this scenario as the strongest scenario) ...
The mid-term accumulation pattern repeats itself twice and confirms bullish on the third try breaking out and consolidating on the prior resistance. NVT currently in high territory indicating a short term pullback is very likely.
Some additional assumptions :
- btc to reach $8'500 by dec 2019
- btc to reach $18'500 or ATH by dec 2020
- btc to reach...
Polymath against BTC is situated into an ascending channel and probably will make a breakdown becouse:
-We have a STOCH Bearish cross confirmed
-Macd it s still overbought and volume of buy it s decreasing
-Rsi near overbought zone
If you want to get some polymath for long term you can enter at fib supports: 4078 sats which is the 61.8% fib support and 3683...
FUELBTC is situated into an ascending channel which probably will breakdown becouse we have a STOCH bearish cross confirmed and also we will hit the haard ichimoku resistance.
If you have FUEL, sell it.
1st support 338
2nd support 307
3th support 268
Sell it and wait for re-entry.
Stratis agains BTC is situated into a BULLFLAG IN 1D TIMEFRAME so we have chance to see a great breakout.This setup is easy,volume it s still good for this breakout
STOPLOSS AT 2388 sats.
You have the targets above.still easy breakout setup.
You can see here a crypto market cycle.First all time we had accumulation which means low volume and not much movement in coin(exactly what you can see now in the market) and after we will see again huge pumps
Accumulation between 13 november 2015-25 dec 2015 after huge pump which means 947.90% potentialy GAINS
Accumulation between 9 dec 2016-3 feb 2017 and...