D1 : Failure to stay and hold above the clouds = First warning ! H4 : Rising wedge formation in progress, ongoing perfect school case Breakout followed by a nice decline towards a low of 56256, then pullback towards 59603 and failure to get inside the rising wedge, then a first long black candle which is currently followed by a second one (in progress, wait H4...
D1 : Above the clouds. In an ongoing uptrend channel. Bullish inside and upside breakout Warning downside breakout = potential trend reversal Watch also TS (conversion line) as one of the first signal for a reversal ! H4 : Above the clouds.Currently attempting to upside breakout the ongoing uptrend channel Watch also TS and the middle of the uptrend channel as...
D1 : Finally breakout occured on the upside but following the yesterday's sharp upside move there is a clear lack of follow through which is the first warning sign in this time frame H4 : After 3 white candles in a row, a black candle took place, second warning. H1 : A potential double top is taking place with its trigger level @ 3'815, already been tested once,...
D1 : In an ongoing uptrend channel... but clouds have not been clearly broken on a D1 closing basis. Watch D1 closing this evening. H4 : Above the clouds and rising wedge pattern in progress (usually bearish !) Watch both side for a breakout. Implication PLUS/MINUS 4'845 points from the breakout level ! H1 : Above the clouds and still, for the time being...
D1 : Pivot level on D1 closing basis is @ 0.6370 H4 : Under the influence of a potential double top formation, trigger @ 0.517330 H1 : Watch the clouds support zone ! M30 : Below the clouds and in a triangle formation in progress, watch breakout ! M15 : Same than M30 + watch the clouds resistance area around 0.6600 M15 : Breakout attempt of both clouds and very...
Hello to all my followers and to the others :-) Hope you are well ? Many thanks in advance to Musk who help "slightly" the Doge to reach a new ATH a couple of minutes ago @ 0.7414... Please let me just remember, an old adage that I particularLy like : "BUY THE NEWS AND SELL THE FACT" We'll see later on, if the story will repeat again... In the meantime, I...
H4 : Breakout of the triangle pattern in progress ! Currently, below the Mid Bollinger Band and in the clouds. Downside triangle breakout gives a target @ 52'125 Ongoing H4 closing will validate or invalidate this breakout. In order to neutralise the downside risk, BTC should recover and hold above MBB. In the meantime, watch carefully price action on H1 and M15
D1 : In a downtrend channel, in the clouds and still above Mid Bollinger Band. Currently caught between Tenkan-Sen (55690) and Kijun-Sen (55950)which should be seen as the cluster area in this time frame. 2 IMPORTANT LEVELS TO WATCH AT, WHICH ARE : On the upside : 57'070 On the downside : 54'725 A breakout of one of those levels would indicate a new trading...
H1 : Ongoing bearish price action, confirmed by a breakout of the clouds H4 : Triangle breakout confirmed. Target 0.4348. Intermediate targets being : T1 : 0.4980 T2 : 0.4372 D1 : Yesterday,s closing @ 0.5818 which was below the pivot level of 0.5965 triggered a Dark cloud cover pattern (warning mentioned yesterday !) In addition, the ongoing D1 price action, long...
M5 : After having reached an intraday low of 0,517330, a "very" short term bullish divergence took place, which has been confirmed by a bullish engulfing pattern. Failure to breakout the Mid Bollinger Band (MBB) and to reenter in the former downtrend channel, triggered a downside move again in the direction of the former low above mentioned @ 0.517330. (Potential...
M5 : Sideways channel 0.6246-0.6748, below the clouds and the cluster M15 : Sideways channel 0.5354-0.6950, below the cluster but still above the clouds M30 : Triangle pattern,(but a school case !), testing the clouds support zone and MBB Watch H1,H4 and D1 global picture to have a global overview at a glance.(will follow soon)
H4 : A triangle pattern is very close to breakout ! IMPLICATIONS : A downside breakout (likely) open the door for a target of 0.4348 (50 % Fib retracement of the big rally) While an upside breakout would open the door for 0.8077 Taking in account the ongoing bearish price action it is likely to see a downside breakout. Warning on indicator (cross under in...
H1: Triangle pattern, downside breakout attempt, below MBB Watch 0.6216 and 0.6137 A failure to stay above those levels on H1 closing basis would trigger further downside H4 : Sideways channel 0.534290-0.6950. Congestion zone top resistance and Doji @ 0.6600 To neutralise the ongoing downside risk, Doge needs to recover and hold above 0.6600 On the downside watch...
M15 : There is a potential inversed Head and Shoulder formation in progress, neckline being @ around 56'000 ! Nevertheless, the recent recovery, which is expected to be only corrective, for the time being, reached nearly the 78.6% Fib ret @ 55135 (high being 55'104) So, from current level, I would suggest to watch carefully the ongoing H1 period and wait for the...
H1 : Bearish divergences triggered a trend reversal . S1 : 0.6280 S2 : 0.6071 S3 : 0.5863 Mid Bollinger Band @ 0.5892 (VERY IMPORTANT SUPPORT !!!) On the upside watch downtrend line resistance on M15 M15 : Mid Bollinger Band, Tenkan-Sen have already been broken, Kijun-Sen is under attack ! Therefore, watch carefully M15 ongoing closing period as a failure to...
D1 : Yesterday's price action triggered a long black candle (very bearish !) Ongoing today's price action is showing a recovery attempt which unfortunately for the bulls should not be seen as a trend reversal yet, but only as a CORRECTIVE MOVE ONLY, in a established new BEAR TREND ! Indeed, BTC crossed under Mid Bollinger Band and is currently traded in the lower...