SALT tried to make a cup and handle but lost support. We could be going down even more from here.
Ethereum has broken through its neckline to the upside in the wake of bitcoin's movement but it has broken to the downside on no volume which is still a valid break because topping patterns do not need volume and Ethereum has and will collapse on the weight of itself, this is an unfortunate event and it is extremely like that it will continue a downtrend...
Hello Lads and Ladies, Everyone is looking at the possible Head and Shoulders formation playing out and I have to admit that I was one of the first people to call this formation but as soon as I started seeing this TA almost EVERYWHERE, I got very sceptical and started looking for reasons against my own TA. First of all, this is the ugliest and weirdest HnS...
Big fialed flat has been ended. If the trendline in RSI croses, price fall down with selloff.
The red zone indicates the normal flow it should validate in order to long+hold ETH. Despite the increased volume in Altcoins, the hype has shaded... so i will be looking to short BTC and ETH soon if the red zone doesnt break properly.
Bitcoin, the master of all has taken our nice warm coffee and dumped it on the ground. TRX followed the bitcoin trend due to MT. GOX and the binnance hacking, and clearly failed to breakout of the cup and handle formation. After the initial decline there seems to be a bearish flag forming and can expect price to fall to around $.2 - .25 level. Don't forget to...
Everyone saw that our prediction was correct This is also the continuation of the bitcoin downtrend
Heroic back Just a few days ago,we had exactly predicted this route Now we will see the signal back We are now moving forward according to the forecasts, the capital will be lost and we will enter the correct growth area. BTCUSD Please follow and like to keep the chart open and update for you !
NZDUSD currently near the highs of the most recent swings. As marked on the shart rice broke out above a narrow range in last weeks trading, but failed and returned down - this is a strong indication of a coming reversal. At this point we have broken down a bit from the trading range and most importantly formed a spike up - which puts the odds strongly in favor...
If LTC experienced a failed consolidation breakout of the bottom trendline from a symmetrical triangle, could this signal a consolidation breakout of the upper trendline to continue its uptrend?
EURUSD had a failed bullish flag break. Will wait to see price action when swing low of that big run up is tested. Ultimately I'll be looking for a re-test of the original bullish flag trendline and bearish reversal patterns on the lower timeframes ( 1 min and 5 min ) to then take a short down to the 161% extension of the Measured move from the bearish trendline....
Currently watching this potential trade. Spike base support was used already today, and we have a failed break higher. Watching Price action for potential trade back down to the base of the pole. Conservative target would be around the 0.78500 level.
Again we don´t completely took out the the resistance on the $320 level. But we now have a new higher high. For now I expect a sell off again. At least to the top border of the $306 level/support. Even with such a powerful Bitcoin we at the moment have no chance to break this annoying resistance. Will it happen in this life? What do you think? Comments welcome.
A failed Symmetrical Triangle has just emerged with a large bearish candle to the downside! There is going to be a sharp drop coming up! Good luck traders!
after failure to make a new low,we have a channel breakout,maybe we will have a nice uptrend now.
After a fail to create higher highs, NZDUSD continues its downtrend to make possible lower lows
Today EURUSD MAY 25.2015. Wait until 10 bars to see the trend, then AT LEAST, OP until 2 bars. The rest would be reverse or continuing the trend until approximately 5 bars. EDIT: If until 10 bars EU down, then 2 bars will go down (and if it's not, cut loss) then wait for the trend of the next two bars from the 12th-13th bar, becoming next trend until 2-3 bars...