A DESCENDING TRIANGLE PATTERN FORMED!!
LET SEE WHERE IT WILL GIVE A BREAKOUT!!
If breaks up then can give a good high!!
If breaks down can make a down fall!!
HAMMER ALSO FORMED 2 DAYS BACK WITH NO CONFIRMATION CANDLE!!
DO CHECK THE BREAKOUT VOLUME!!
(ABOVE analysis is only for study purpose do not take it as any buy or sell call)
'Everybody' want's BTC to go north only. Well, you know what I mean. People want to know why Bitcoin is flaking out. Some will say ' Anytime soon to $75,000! " There are several indicators on this chart. No predictions here. I don't do predictions. Only probabilities.
The chart shows some conflicting information. BTC is now coming into a zone of congestion and...
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.
The trouble with double tops is that, you don't know where exactly price will go. Have a look.
All you can do is take a controlled loss (aka stop-loss). If you can't afford it, don't take it (obviously).
Today was exciting!! USTech was heading south, whilst price on other US stock indices went madly north. The news said, that this was a about rotation. (Read...
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...
Building on the previous idea:
First prediction was (almsot) spot on. Its beginning to settle around the 0.051 mark and will now probably go one of two ways...
1. Consolidation at .051( ish ) before steady increases are seen - Probably not quite as dramatically as my arrow, nut a potential long position available there, or...
2. Failure to consolidate at the...
12 month price forecast for nomura holdings inc, have a median target of 5.76, with a high estimate of 6.46 and a low estimate of 4.73, the median estimate represents a +2.78% increase from the last price of 5.60. Will it hold
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...