Gold (XAUUSD) - 2021 - Support, Resistance, Trendlines, Price Pattern - Daily Chart: Price Pattern: Descending Triangle. -Resistance Price Levels (colored horizontal lines above current price) -Support Price Levels (colored horizontal lines below current price) -Trendline Resistance (diagonal yellow lines above current price) -Trendline Support (diagonal yellow...
ICP is an underrated alt that I believe has a lot going for it. There was an initial dump that occurred day 1 which everyone got upset about however this isn't really out of the ordinary. If you go to their site you can see the metrics for yourself. As all of my followers are aware, I specifically look for basing pattern just like this to capitalize on, and I do...
Before I start, I want to say thank you to the people who sent me kind words during the past week. I haven't had time to reply but I saw a few of them so thank you, it meant a lot. For those of you who didn't know, I had a pretty rough week. I was dealing with a family emergency and today was the first day I wasn't at the hospital all day. If anyone was wondering...
Important things to note: BTC is showing bullish momentum. Everyone expected 40k or at least 52k, which made me a bit skeptical. Alts still looked great and a number of them moved on the BTC push upwards. ADA is in a descending channel. ADA was pushed up a bit from bullish divergence. There was a lot of consolidation going. We have a double bottom at the...
Here is an asset I have been watching. Though they had a bit of fallout due to the day 1 insider selling, this platform is still being used. I am expecting a breakout from the descending wedge and making its way up to the first target. However, there will likely be a lot of consolidation prior to moving to the 2nd and 3rd targets. Keep an eye on this asset and...
We Have just seen a breakout from a flag pattern, target would be around 65500. Also if AB=CD time we could say this is a good entry for a short. Target for this short would be the bottom of the channel. Have a look at my previous post, it shows that we are still in a downtrend. Just my view on the market:)
Important Things To Note: The overall market speaks for itself. I have said it many times, we are in for a ride. BTC looks great. I have a target of 100K for this leg from cup and handle pattern. All of the Totals reaching ATHs ADA has finally broken out (we knew it would). It should follow the map I laid out for you guys in previous posts. ADA will finish its...
Important things to note: BTC looks like it is still consolidating in a flagging pattern for push higher. Total2 is almost at its ATH. BTC.D dropping like a stone. Lot of ugly patterns for alts at the moment. ADA is still in short term bearish structure. However descending channel signals upward breakout. I have noted important levels on chart. Important...
Important Things To Note: BTC has reversed ( I mentioned the reversal signal in an update). BTC next leg to 73k. Money has moved into alts, this can be confirmed when looking at pairs. Alts now move with BTC for now. The plan for ADA is the same: 1 - either a small break downwards with bounce to upside. 2 - consolidation to break to upside. ADA has been...
If ALBT can have a 4 hour close above the trendline I'd say we can see it reaching the 61 fib level on its way back up. It won't be a smooth ride, but I believe we can set a new ATH in this market cycle still. Not financial advice do your own DD!
Important things to note: BTC and ETH hit ATH. Total2 has completed cup and handle and IH&S pattern. Altpairs are still a mess right now. BTC.D may have hit local top. We are seeing money flow into alts like it did before (around Oct 12). ADA is at an important point in terms of consolidation. ADA will either keep consolidating and break out. Or if BTC pulls...
#EOS/USDT - Potential 37% Reason: Breaking out of descending wedge and looking to retest EntryZone - 4.348 - 4.630 Target 1 - 5.408 Target 2 - 6.382 Stop-Loss - Below 4.149
NZDJPY - Potential Descending flag along with Bat! Once we get a break out our targets for swings will be the 100/200% (200% also lands at the Bat D point) Which also taps into a large imbalance! Lot's more confluences on top of this too! Will be a nice swing once confirmed! Let me know your thoughts!
*NOT FINANCIAL ADVICE: This idea IMO for personal use only* ==================================================== An update from my last chart dated 15/Sep: Still very bullish on this one and continues to be a long-term hold strategy. Has the potential to do another Solana since it's their DEX exchange and built on their technology. At the time of charting this it...
Important things to note: ADA has formed a descending wedge which confirms short term bullish activity. ADA bouncing from oversold RSI. Breakout to upside of wedge coming soon. 50MA test will likely be the decision point. 50MA lines up with resistance due to volume. My last chart predicted this movement, this wedge gives it more justification. BTC will need to...
While I'd look for a breakout to the upside to this descending wedge, I think it's equally likely that price will bounce off my purple breakout line and head down for another leg. We'll have to wait and see. It's also noteworthy to notice we're now trading below the grey resistance area, so that might add an additional ceiling to bounce off.
ROSE forming descending triangle, looks like a successful retest of a support level. Real action could happen when we break out. Indicators look bullish. Good luck traders