I had originally formed this pattern as a Cup-and-Handle. As it turns out, it's a mirror cut-and-handle, also Inverse Head and Shoulders. The certainty of this pattern is much higher than my original observation which was very early hopeful predictions.
Lets see if this formulates more accurately than the previous hopeful pattern prediction.
Very short window to form a cup and handle pattern, but Crypto seems to do everything faster than traditional stocks.
Certainly the initial handle formation candle wicked down to 1/2 the depth of the cup, which is a good indicator.
No charting today just some good Sentiment for you to consider...Stay Calm, Stay Humble, Stay Focused.
Good Sunday to all the followers and supporters of TheShark. Its appreciated and I continue to try to add value to assist you along your journey of these amazing market cycles. I have received close to 20 emails in the past couple hours. I respect the worry and...
This is long (at least for my doing), it is not directly related to trading, instead this is about MY journey, why am I here, how did I get here.
Maybe you can take some lessons from it, maybe you recognize yourself in it a bit or maybe you just feel the uncontrollable need to make fun of me in the comments in order to hide your own...
bullish signs here, 3 white soldiers and potential golden cross on the daily chart! last time this occured knc doubled in 6 days, there was a recent false breakout not to long ago when the bulls counldt maintain the momentum but if bitcoin can keep it togather we might have out first breakout session since the crypto massacre thats been going on lately! my money...
It's been rough for those of us that jumped in during the heady days of promise, while prices were double digit and everything was green.
Those days are now a distant memory.
Some of us are holding on. Some of us even DCA'ed our way down from an absurd valuation to something potentially more reasonable, in exchange for a much bigger piece of skin in the...
TVIX market has changed and now ranging.
We have seen the market testing the top of the range and the readjusted top red resistance line.
The former dotted line becomes now a support.
This new configuration increase the probability of seeing the market passing above the resistance downtrend line. Where, an entry for a long direction trade will have more chances to...
This was the day America took the lead in total COVID cases. This is the day that America was the least American considering today's record-breaking unemployment numbers. Yet, on the stock market, the day was overbought. More overbought throughout the beginning of COVID
Be well, see you soon!
Hey guys , I have 2 ideas for Bitcoin.
1 . Red line support to Fibonacci range and building a HL and Uptrend to To build a new top and HH !
2 . Support breaks and Reduce the price to the red limit . In fact , this is a dangerous fall ! In this case, the price can go down to fibo 0.786 !
---- Login with science . Good Luck ----