AUDNZD has crossed under its 89 EMA and retested it. A Fractal resistance has formed below the Williams Alligator as well as a trend line. The first price target is aiming for a recent level of support while the second is aiming for a major 2-week support.
SL: 1.07595
TP1: 1.07060
TP2: 1.06700
Dear community,
Here is an idea base on last move. Looking ag fractal pattern.
Feel free to comment it's an idea to look out for possible scenarios.
All the Best for the Crypto Space.
Alteroc
AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai
twitter.com
Hey guys theres a simple chart for you. Seems like theres a similar fractal forming to the previous dip from the beginning of april. As you can see, bullish divergence is formin nicely. My first target is 7200ish, from there we will see if the bulls are able to push to 7600 or maybe even higher prices.
What yall think?
Two days ago I made a nice call that had me feeling very prepared for the price pump we got yesterday :
“I firmly believe that a short term bottom lies somewhere in the range of $5,964 - $6,123. From there I expect to see a 1-7 day rally that retests the short term daily EMA’s (12 & 26). If not currently in a trade then I strongly advise against opening a...
Sometimes if you flip the chart upside down you get some new insights. Does this look bullish to you?
(You can type in 1-BTCUSD to get this chart. Putting 1- in front of anything lets you flip it).
Intermediate rising wedges still keep forming in minutes and the result is a continuous dump.
ETH will continue to go deep in the abyss and hitting 370€ and maybe 325€.
Soon, the question will be who is giving the trend? ETH or BTC...?
price tested value area low of 5 day composite (Balanced area yellow box),
showed strength below asian lows from yesterday and ripping higher !
Low risk Entry 25p SL max, looking to get a 4+rr trade or better if Euro crushes higher
trade safe.
In the yellow rectangles you can see the daily three black crows followed by a green small one followed by more downwards action.
Also its been respecting the 236 fib ma really well but the difference is, it wicked of the previous 2times at ATL. This time its staying right above it which acts as a good temporary support.
This is looking scary to me so i expect...
If you can ignore the intraday noise, the picture will be clear. 95%+ of the movement is made by algorithms(no real traders), designed to scare and confuse ppl. All you need to do is find the trend, put a big SL and enjoy your life. It will take time to convince the permabears. You are welcome.
It finally came! but until where !?
I think around 370/350€ for a first rebound and maybe deeper as it'll still stay in the main bullish channel... What do you think?
As with most other cryptos, #REQUSD is still in corrective mode and is currently moving down as a likely wave C of Y of larger degree (2).
The 76.4% and 78.6% log retracements of the full move is $0.069 and $0.064, which mark possible bottom levels before the resumption of the bull run to $30.
Bearish 5 Drives megastructure leading into a Bullish 5 drives up to 8500 to which will fulfill the overall Bearish 5 Drives w a target at around 5.5k.
Upon completion of 5.5k retracement OR sideways trending on a strong demand zone, Bitcoin's harmonic may become a Bullish Deep Crab to which will have a target of $10k+.
I've been bullish about bitcoin and I'm...
I've been studying fractals on LTCEUR for a couple of months and for what i see, I believe the cycle it's on its way. You can check the fractals reflected by color, supported with same curve in different scale and proportional lapse time. If everything goes has its going, December will be a comeback :P ... Finger crossed. Cheers..
