The dominance chart is one of my favourite charts because it pretty much dictates where all the alts are going. BTC has had an AMAZING run since last December, and now its time for alts and BTC to dip. The support level that is tapping and has yet to hit (should hit in the next couple of days or so) is the same of 2018, The second tap usually signal an inversion...
I have spotted this pattern a bit too late, but now we are few weeks after its activation and target is only half way through. I am expecting this to hit the target before we start thinking about possible top.
What do you think? It looks like a textbook execution, I would be surprised if we fail. Now we also have broken the trendline of the previous two highs and...
Hellooo...My Dragon Friends
I see EURUSD will move to our trend to 1.19XX.
but will break the trendline (little one) will have some retracement.
may be create right shoulder, inverter SHS pattern
Good Morning Traders, hope all is well. Wanted to discuss what I am seeing on the bitcoin 4 hour Chart with you all. The Price finally broke above the 4 month falling resistance and formed what couldve been a possible inverse head and shoulders. The next biggest test for bitcoin is to break through the 47k and 48k levels, as those have been previous support....
Here I show what I believe to be a good short-term entry for quick profits on xrpusd as long as we get the retest. The bounce with indicate a lead to confirmation towards more upside. Of course, it's always the next few minutes that determine the next few minutes. With that said, no financial advice, Safe Trading!
-4 HR Timeframe
-Inverse Cup and Handle
-MACD = above signal
-RSI = Sexy af and room to run
-Price targets labeled
-Set S/L (stop loss) at $119.61
$145c 8/6 (3.00)
$148c 8/6 (2.00)
$155c 8/6 (0.69)
Support at the 2 hour 8 EMA as the flush of the 5 min 50 SMA was bought-up on the back test of the inverse. Looking for more volume if it breaks High of the Day - may take a bit longer. 5 min bull flag
COMPUSDT is testing the 0.618 Fibonacci Level after an Inverse head and shoulder.
IF the price will have the 4h breakout, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.