Descending Channel

Price is in a descending channel pattern Price has broken out of the top of the channel Wait for a Break-Hook-Go price pattern You can watch for this BHG pattern on a 15m chart After a Bearish Pullback Hook move then enter after 2 green 15m candles Let us know what you determine your TP & SL is.

IT seems everything between 500-550 is a hold. If price breaks below, next support is around 450, if that fails, look for 300 as your final entry and accumulation point. Watch for target points of exits, and see where potential points of resistances are at. If you got anymore questions ask. Good luck everyone ;) **LEGENDS** BLUE = Bear/Resistance Yellow =...

Thank you to those who continue to take the time to read my analysis and support me here on TV. Let’s get right to it. Here on the daily chart we can clearly see Bitcoin has found resistance at the top of the downtrend channel that has been confining the price since late June. I called the bottom in my last idea at 9,600 and predicted that this would be an area...

Looks like TSX:HMMJ is about to breakout of his descending channel but we still need more confirmation + daily close today looks really good (hammer). Also, something I'm not familiar with enough, could this be an inverse H&S formation ? Oh well, let's keep following this MARIJUANAAAAAA sector, a lot of promising stock at...

Larger pattern puts bitcoin in a Descending channel after a big run up towards $14k As bitcoin is moving through the channel we can see a horizontal support/resistance box around $10,9k - $11,1k. After breaking out of this box a week ago, we touched the upper resistance of the channel and a new pattern started to form within the channel. As of now it looks like...

Descending Channel is a range chart pattern Descending Triangles, Triangles, Ascending Triangle and Ranges are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart...

PLX broke below support last week, following its earnings. If PLX won't close above support this week (which looks like it won't... but still about 60 minutes to the close), it will probably continue lower. The next potential Buy Zone is near 0.18$ The chart shows that near 0.18$ we have: - Completion of a bullish Butterfly pattern - The bottom of a trading...

Ranges, Descending Triangles, Triangles, & Ascending Triangle are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the...

The price has formed a descending channel so we are waiting to make a rupture upwards given the MACD divergence and its closeness to a very strong historic support. We can also see a double top within the channel. Comment your opinions!

The Price has broken the descending channel and it has closed above the low high so we are expecting the Price to continue the bullish trend. Also MACD change its trend when the Price closed above the resistance so it is a confirmation of the change of trend. Comment your thoughts!

The Price fell to a strong resistance due to fundamental news but it has rejected for several days the resistance so we are expecting the Price to bounce and head upwards. Also there is a lot a fundamental news supporting this analysis, despite the trade war many are expecting it to be just a pullback. Look at the descending channel and wait for confirmation of...

The Price has broken the descending channel and it is supported with the RSI and MACD bullish momentum. It bounced back in the resistance but we are expecting it to be a pullback and head upwards. Comment your ideas!

BTCUSD bounce descending channel trendline. I think it is a good opportunity for short.

Price Action (Technical Analysis): Expecting price to either begin to Consolidate or Break Lower Lows. My bias on this analysis is to go long because this pair is rallied at our Monthly Support Zone. In the case that price begins to break higher highs & lows, an Ascending Pattern of some sort would be a great sign to look for a break above previous low (C Leg)...

The downward channel converges with the 225BB median line at 8,320 at arrow which COULD be time accurate as well. This should also be an area where algo's kick in too Good Luck!

Bitcoin has been forming channel down pattern since 11,000$, now it has broken with a long wick. RSI showing upward movement sitting above 50% also shows a positive impact Targets as per FIB, main Resistance is at 11,000$ if broken can go up to 12,500$ moreover last candle formation above 21EMA Looking Bullish for Short term!! Note- This is not investment...

This is just a useful reference to the main NXSBTC chart: Good luck everyone ;) **LEGENDS** BLUE = Bear/Resistance Yellow = Bull/ Support ~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ /*This...

So once again, we are putting our faith into NEXUS to deliver some good volumes, and progress on this amazing project. We have been wrong before with the consolidation at 3-4, but now at the FIB price. BUY is that easy. I could be wrong, but from where i am sitting, this appears to be a accumulation phase for NEXUS. I'm in are you? As you might see the...