Dear Friends <3
What just happened? Did someone just Pump and Dump NEO right when everyone had their attention on BTC? Are some whales toying with us again!? D4 is panicking!!
Ok guys, just kidding! Of course I know what's going on. And as your faithful and loving servant, I can't wait to let you in on it...
When you look at the NEO chart you see a sudden pump, ...
Hello friends,
We can see Binance Coin in a DESCENDING CHANNEL, It is a bearish sign right now (lower lows and lower highs). We can see that the support that was at 17319 sats was broken and now it's acting as a resistance.
I would be bullish if we see a breakout of the descending channel and we break the first resistance. In case we don't i see a very possible ...
Here's a complete set of resistance/support line and major resistance/support bold black lines, and a descending channel currently. Also with some major trend lines in purple. Chart is done on the 4H. If the Bit wants to follow this chart, which we all know has a mind of its own, we could see 6k at the end of the descending wedge and major trend and support ...
Hello guys.
Just a quick update of my quick scenario, normally descending channel don't breakdown. If we can't bounce over our precedent support zone (400 area) then this second scenario is more likely than the first one. We need at least a daily close over it be patient.
But hope is not totally end, MACD is ready to breakout the descending triangle and go ...
If you read my last TA, we did see the bounce over the weekend, but we didn't quite drop to the double bottom line (in red) before the bounce to the 121 level. On Monday morning the bears took over and sold us back down to the 112-114 level, and consolidation has resumed forming another bear flag.
We've got some critical points of interest this week. If we drop ...
Using the 1 hr. charts, we may have an opportunity to trade LTC this weekend. Over the past week we saw a major bounce from a double bottom which was BELOW the downchannel (in pink). My guess is the double bottom was in part due to the Litepay fail on March 26 along with ensuing FUD..and of course BTC. After the bounce to 135 level, another drop to the lower ...
Good afternoon everyone. Yesterday started to give everyone a little hope in a reversal of the market... but it was quickly denied and now we are pretty much back to where we started before that. Except this time, its looking like we could go lower.
Short term, we are in a decsending channel, pretty much just waiting to break out in either direction. If we ...
,It's been an ugly week in the crypto world. On Monday, there were hopes that we were at the bottom of a large symmetrical triangle at 146 which is scheduled to culminate around April 15th. It dropped below the triangle to 138, and that brought the downtrend channel (Pink Lines) back into play as indicator for the week. We saw a "death cross" where the 200 EMA ...
Good ol' Litecoin, doesn't stick to the rules. Alas, this is a possible setup for the next couple of days, with a few nice swing trade opportunities. In the short term, it's likely that we'll see a small bump to retest the middle BB, especially as the stoch resets. I don't think this will be much of a reset and I doubt we'll hit the oversold area as buying ...
Price bounced off the 1355.00 level, a very clear rejection from the descending channel resistance line at London Open this Morning(Rejection came expected, check previous published idea, channel is still visible on the monthly chart). I am still Very Bullish on this pair/instrument and am hoping to see a rising wedge form going on, which will pierce price through ...
Will this Bearish Channel hold or will price break above to break the inverted head and shoulder neckline I mentioned in my previous XAUUSD_Bullish Long Term overview idea I published yesterday, this is a zoomed in version of the chart, this channel is visible on that published idea too. This channel was formed from the 2018/01/25 high (1366.00), and the ...
After big pump in GOLD price. There is formation of a triple descending top. Price should rice around 1356 and reverse into a bearsih trend to lower trend line.
!!! Trade canceled if price breaks triple top line !!!!
Hope this idea helps!
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BTC is looking to break through a descending channel with great momentum. If it breaks we could see a bull breakout. With our Master Bull/Bear indicator showing red, we might see a hard rejection off the nearest resistance line and BTC to continue trading within the descending channel. ...
It looks like we're going to have a Head & Shoulders weekend in Litecoin. As usual, we've seen some solid dips and bounces over the past week, and if traded right, some nice profits have been made. Today I'm using the 1 hr chart to show the pattern formation. This one's kind of crazy, because it could go one way or the other.
Last weekend, we saw a solid dip ...
As you see from the chart we are just hitting the top resistant (top of the descending channel) and LTC failed many time to find its way up so be careful before trading and do your home work.
Three areas labeled in the chart could serve as support for the falling EURUSD.
1). Area around the center of the descending channel.
2). 50.0% Fibonacci Extension
3). 61.8% Fibonacci Extension and round 1.22 level.
I'm still short 3 lots and up +200 pips across them in total. Will keep a close watch as this is a countertrend trade, although trade sentiment ...
