Although the falling wedge lost its 4hr chart validity when the red candle closed green giving it only two wick touches on each trendline, the break upward that has occured has conveniently closed its breakout candle at the exact breakout target the wedge would have had. I've yet to see a wedge this long breakout this prematurely so I think it may more likely be...
What's coin on guys? More and more indicators are showing the bounce is very possible here in this levels, just above 200 MA. You can find divergences on a lot of time frames, including weekly. Not sure if bounce will happen, but with majority of people convinced we are going down, possibility is greater for me that BTC is about to squeze al short possitions opened.
As expected XRP has busted upward form its inverted head and shoulder pattern on the 1 hour chart. The breakout target of that should have been right at the top trendline of the 4hr chart falling wedge but the price action has exploded well above that and seems like it will very likely trigger the falling wedge breakout as well. So now the price target we are...
What's coin on guys? I'll just leave this fractal here for you. This is inverted BTC from 2015. Similarities?
The price action and volume indicate consolidation with no clear direction. If the symmetric triangle pattern holds and volume continues to drop off, a break of the triangle will most likely be in the direction of the prevailing trend (bear).
I did not mark this idea long or short....we are simply on the precipice of either a huge bullish move for verge or a massive bulltrap fakeout. if btc breaks upward then xvg will likely trigger this inverted head and shoulder breakout which would lead to a golden cross on verge on the 1 day chart which has a breakout bull target of an over 50% increase, but if...
For BND...the 79.80 level is where the problems are. If it breaks up through the 79.80 level decisively the entire Yield Curve will have to invert until everything unwinds. A rejection would be tell tale of Central Bank intervention. They would be buying stocks and forcing everyone into stocks instead of Bonds.
before the latest big uptrend I said we would either have an upward target of 3850 or 4150 off the falling wedge which was fairly close....then in recent ideas I said we would likely see a fakeout on the initial inverted head and shoulder pattern and a crash downwards which has what just occurred...I think its possible we are now in a bigger inv h&s pattern that...
We can now see the 4hour golden cross has occurred on the 4hr chart...this may spark a rally and we can see that the stochrsi has reached a good boucne support area with room to go up....however before this downturn, we did not achieve a higher high(which would have been around 4.4k), also this year has been particularly unkind to price action the majority of the...
US10 US02 This may not look like something to watch and you may not know about it. Only about 2% of investors understand it, however 98% of institutional traders (the “smart money”) watch it like the World Cup finals. Its the 10 year treasury yield to the 2 Year treasury yield ratio/spread. Bottomline: If it goes negative (hits the dotted yellow line) =...
An inverted yield curve means a market situation in which the yields offered, for longer maturities, are lower than the yields of the short-term portion of the curve (in this case the "short" is usually considered as the rates up to 2 years). This is a situation that is at first sight counter-intuitive. Those who have studied Finance will certainly remember the...
Seeing rounded bottom / accumulation here. Getting close to resistance trendline. Lets see if it can break out in the next few days.
Just drawing some lines. Graph says enough *This is for educational purposes only*
Tread carefully here because we are still within fakeout range but if I wasn't already long now is a wise time to start at least laddering in...can set smart stop losses a few pips below the neckline to be safe as well but even if it dips I anticipate the neckline should hold support.
This inverted head and shoulder has a disproportionately long left shoulder but it is still valid we are currently testing the neckline. Judging by how overextended the stochrsi is on the buy side on the 4hr chart there are decent odds that this could be rejected here at the neckline but I'm pretty certain on the 1 day stochrsi we are in the oversold territory...
We are now potentially forming an inverted head and shoulder pattern overlaid on top of the falling wedge which only will increase the odds of a bullish breakout for btc. In order for this inverted head and shoulders to have a chance it must have a bounce before too long and the most likely spot we have as a good bounce support is the top trendline of the falling...
Take a look at this picture perfect inverted head and shoulder setup on xrpusd's 1 day chart. Also take a look at how close the 50ma(in orange) is to rising above the 200ma(in blue) for a 1 day golden cross. Now factor in how the stoch rsi indicator has plenty of room to head upwards and is already suggesting its ready to do so. Lastly, factor in that we have...
we can see XRP finally broke the resistance of the horizontal pink line. XRPLedger payments volume is really starting to boom as well on the xrpcharts on ripples website. Onward and upward we should hit the inv h&s breakout target within the next 1-3 1day candles is my estimation. Also greatly widening the gap and dominance over Ethereum and making big gains on...