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Go Chain has some bullish signals;
- it touched and bounce from .618 fib level
- it has an hourly bullish doji
- it can do a bullish ABC pattern and if so it can start the C wave
- it has a bullish flag
Flag channel . we have waiting for breakout
GNT bearflag breakout looking for a target of approx .10.
If price breaks flag flag we can enter buy position.
FX:EURGBP TECHNICAL CHART
Price may up from here
Bitcoin rejected the top boundary of the long term trend shortly after squaring up the previous 4 hour candle drop from 7400 to 6900 on August 12th. With the return of the heavy volume dumping, we see the formation of a new 240 bear flag. This drop in price action is hitting harder and faster than the last drop from the 8400 area to test the bottom around the ...
Bitcoin: As the market plays out we can see that the falling wedge may now be turning into a larger bullish flag. For the short term, BTCUSDT is in a bearish ascending wedge on the shorter tf. Stochastic and RSI still has room to the downside so we may have a slight correction back to our $6700 support. If we don't find support at $6700, a smaller descending ...
HOT - ETH
DGD - BTC
Patterns in the actual chart are sometimes not clear. It is very important to atleast have an idea of the pattern before making conclusions. Even a simple double bottom can be confusing sometimes. It's possible that what I have posted might not be a pattern whatsover, thus, I am asking for constructive ideas and feedback from prominent experience traders on ...
We believe this pair will fall according to the rising flag that just validated
Xrp :Achat support oblique/flag dans le sens de la tendance
Reasons to short
1. Clear downtrend
2. Symmetrical triangle that broke down decisively
3. Current consolidation forming a bearish flag
4. Risk reward is pretty good
I believe we are in a bear flag.
We may hit the bottom support line.
I'm waiting for a double bottom on the stochastic oscillator.
We have the perfect bull flag setup.
Target 1: 14.50 usd
Target 2: 15.90 usd
Stop-loss: 13.15 usd