Strong rising wedge for the S&P. Could this take a healthy fall back down...RSI implies it is overbought Also we had a parabolic move up from the lows of December/Jan...with no real healthy moves down for a recovery period on the way back up Hypothesis: price reaches near ATH to fail at resistant levels. If it price proves to move back down, I think it could...
BINANCE:BTCUSDT has established its strength in the markets lately as the dominant coin again. BINANCE:BTCUSDT seemed to have taken a nice breather and is most likely setting up for its next run up. With moving averages to support this bull trend, I have two targets set for this trade. Target 1 : $8,800 Main full target : $9,400 We can easily...
Bitcoin keep building the Volatility Funnel (HVF Pattern). What we want to see is btc breaking the price of 8043 with a lot of volume - if it will happen we can expect btc reach the 2 marked targets.
If ENJ can break the marked price level we can expect it will reach the marked targets.
Theta is squeezing at price level of 0.119 The breaking price of this funnel is 0.123 If Theta can break that price with high volume then we can assume it will go to the marked targets.
The stock market has been rallying bullish the past few days and weeks but with negative news in the economy and with the trade war, the US Dollar and US market could be heading into a bear market soon... We could be looking at a suckers rally at the moment. Here are a few reasons why... 1) Price gets rejected at the top of funnel (Green Line) which is a strong...
BAB or BCHABC is in a very bullish trend . It is now forming an HVF (triangle), and is consolidating inside the funnel ( parallel channel ), after a what seems to be a fake-out. The pattern is suggesting that sellers have not taken control yet, although the fake-out is something to keep in mind. the chance to go up is probably 50%, but the risk reward is great....
BITMEX:XBTUSD after a massive capitulation is it already the time to retrace a bit ? it's a counter trend play, so be careful.. still looking for L2, H3, L3.. waiting until all of the pattern complete to trade this one.. Disclaimer : As a friendly reminder, nothing written below is a recommendation to trade or invest in anything. You are responsible for...
Bitcoin has been looking weak for several weeks now with strong quick down legs and slow forming up grinding legs. This is a bearish sign. Looking at the On Balance Volume, it has also been showing lower highs and flat bottom lows which is another bearish sign in volume. The overall Macro trend also remains overall bearish with the AMA Cross Bearish and also has...
ETH/USD is forming a nice symmetrical wedge or an HVF. With the overall macro trend being bearish at the moment, this looks like a good short. With two different targets set (pink lines), I plan to take some profit (50%) at first target and another (50%) of my order at the last target if this breaks the red line support line. The last target at about $208...
A few months ago, I estimated BTC to reach a range of about $3700 when it was trading around the $6k region (check my earlier posts). With it dropping, I still don't yet see this as a time to call bottoms and buy as it is never safe to do so. Forming a solid triangle pattern, I have three targets set with the main one being at the $3007 levels. Alpha Sniper...
BINANCE:BCHSVUSDT another Hard Fork, another pump ? BCHSVUSDT perform a HVF setup in H1 Timeframe. i got an early entry near trend line and put my stop under RL2. Disclaimer : As a friendly reminder, nothing written below is a recommendation to trade or invest in anything. You are responsible for your own financial decisions and due diligence.
EFAV looks like it topped out. It capitulated downside after the first topping and staggered back up to the upside (which took some time to form, with eventually a quicker capitulation back down to the downside. Over time you will notice that the time frames of rising and the falling become quicker (with rises legs taking longer to form than the down legs which...
BITMEX:XBTUSD after FUD about tethered, and look like no follow through.. xbtusd create an inverted HVF and have a primer in it.. potential RRR 1:19 if you get the primer.. Let see how it plays.. Disclaimer : As a friendly reminder, nothing written below is a recommendation to trade or invest in anything. You are responsible for your own financial decisions...