H4/BAT Update: Slowly marking lower, 06:00 UTC, 12/10/2021
Still a long way off from $0.50 w/ 3x $0.05 cent price levels from it
Price crossing under the 200 EMA, along a freshly-created DTL
Buy orders hanging at $0.75 & $0.50 for an accumulation
as we could see after the big dump that involved the whole crypto sector starting from Bitcoin, a very strong support was reached where buyers made their pressure felt, keeping the price around the major support zone between 1800-2000.
After a phase of accumulation and lateralization, the volumetric profile shows us an interesting PoC (Point Of Control)...
In this daily view I am noticing a pattern which is known as head and shoulders which is one of the strongest trend reversal formations in trading.
Be careful bulls, since the head has 10% gain which means if we break under the support zone we will see a drop of the price of around 10% to the target zone marked in green(the zone below)
This is not a financial...
Here's another free signal for y'all
As you can see a bullish flag pattern has formed on the 4 hourly and has broken the support after the 3rd touch so we will be looking to go long.Also, the uptrend can be confirmed by the twist of the ichimoku kumo cloud which has twisted from bearish to bullish on the 4...
I took this trade way earlier after the cross of the red support line and as you can see it is about to hit my target profit.
Tell a friend to tell a friend I want to see everyone eating right.
Feel free to like and follow, thanks.
The ichimoku is used to confirm trend direction but price action is always my best source.
BTC - potential shapes of technical analysis figures depending on the breakout / price retention levels. A huge symmetrical triangle - a bear measured move - Triple top - Inverted Dragon.
BTC / USD 1 week. I will write the zone algorithm and what will be drawn on the chart depending on the retention / penetration of a certain zone and...
08/05/2018 . Head and shoulders breakout finds support at the right angle of the equidistant bullish triangle and 78.6 % Fibonacci of the latest uptrend which broke the triangle from 8810 to 9990 on Saturday 5th of May.
Target. still 10400 after measuring the height of triangle.
Show must go on, trade safe everybody !