In this Chart we see a Symmetrical triangle which tells us the Breakout is approaching.
The main question in this case where to? Well, very often this pattern is considered as a continuation pattern, and the last downtrend line prompts us the next direction where price will go. But I would not recommend to hurry and make some quick conclusions. There is no single...
Similar idea to my Dow US 30 post. Sand P is statistically a stronger model, from larger numbers.
NB: This model is imperfect as the XD spread should be 1.27, but we got a real nice 0.62 Fibo AB retrace of the XA leg up.
Note the perfect double top Fibo = 1 (was within a few pips, a 99.9% retrace).
Real life is like that, we take what the market gives us.
insolar is now very near to key resistance if everything (btc) goes well
this one can pump 20% to 40% in single candle
buy : 2400 - 2450 ( if daily closing above 2450 else entry 2350 - 2400 )
stop loss : 7%
target : 7 to 40%
See my related post on SPY. It's a Butterfly pattern. Current price is retesting the breakdown TL. I am short this index at 2900.
The wedge grows narrow, rapidly tightening. Break imminent IMO. Won't be a good time to buy long until Butterfly completes.
Expected termination of CD Leg around 2720-2740, by Monday 28 October. Go long after price break completes for...
Volume lessens on rising prices, increases on downdrafts. RSI divergent. Small caps have reached .50 Fibo retrace off September's lower high.
SP500 and Dow have a gap to fill down to the 0.50 Fibo.
Three-day rally feels like a B wave, chaotic and widely fluctuant. If so, expect C wave down to the gapfill at the breakout point from Cup near 26300/SandP 2942.
Risk is terrific for both longs and shorts at this juncture; I am sidelined, patiently and prudently waiting.
In a previous idea I hypothesized a double bottom possibly in October. It is possible the markets are grinding out a near-term bottom at this consolidation zone now.
Markets hold tenaciously to this consolidation zone beneath ATH. The September pullback...
INS is still follow the bullish uptrend!
We are close to cross the MA100 and we also see a Hidden bullish div created on the chart!
If you haven't a position yet, now it is a great time to have a look to it!
Take position between : 246 - 266
We will follow this chart the following days/weeks what will happen and if the trend will change (bearish)...
Watching closely interaction with ~2800sats level in what looks like a Symm Triangle
If volume flows in & continuation is shown (flipping resistance into support) then we can aim for a ~3400 retest once again(~20%)
Remember that Sept end is full of events. (Mainnet)
INSolar has a nice slowly forming uptrend and currently near breakout of triangle. Within same bullish trend may test ~250-260 once again, before going higher. Or continue without pullback. In any case look promising. Check out chart for targets - nearest are at 290 - 300.
well breakout is done and looking good to me
15 min Bullish Divergence in RSI
Very good you can buy near 247 if comes i'm also later let's see
And a humble request please book small profit or whatever you get 1-3% it's an request we are not in a good market right now
Bouncing between EMA50(green) & EMA200(red)
Mixed signals on this one as It tries to flip current resistance (~2700sats) into support..
If succeed then we can aim for ~3450 level retest
Another asset with Mainnet at September end (Volume is limited, pick the best FA)