The pattern is clear, the indicators though are not confirming the hypothesis except for Stochastic which has crossed downwards and RSI which is unclear. Lately TFI has had a great run so I suppose retracement is possible, looking at YFIUSD I saw another H&S in the past.
The user who comments the correct answer first gets a digital cookie. Looking forward... Cheers & All the Best
A massive sell on Rippe just caused a big and quick price dropdown. XRP seems to be still bearish, but I am going to build my positions right now. I sill count with a price drop possibility to $0,25. It looks oversold to me, and I expect XRP a price correction at least to $0,45.
It seems like ETH is overbought and needs correction. The possible target for short is $500. Fundament analysis is still bullish, so be careful. The US and EU are still printing money. This could cause even higher prices on ETH, but it will be temporary.
KRAKEN:ADAUSD ADA has seen some great pumps as of recently, pushing up to $0.17 then quickly back down to around $0.125 (buy back level). Looking at the awesome oscillator we see sell pressures are starting to build up, which is confirmed by our distance above the EMAs. Expect sell pressures to continue but slowly wane as price begins to move closer to EMA's,...
KRAKEN:ETHUSD Here is some more analysis using EMAs looking at 1 hour candles. You can see with each pink circle, once the EMA20 (blue line) crosses above the EMA50 (black line) we enter a bullish period. This spike continues until EMAs even out and the EMA50 crosses back over. Looking at the green circle we see EMA50 is currently still above, once that turns...
Bottom indicator showing some important Perpetual Swaps contracts vs Coinbase price basis baseline = spot price basis positive = swaps trading at premium (generally strong over-leveraged LONG exposure ), push longs paying funding to shorts basis negative = swaps trading at discount (generally strong over-leveraged SHORT exposure ), push short paying funding to...
Hello guys In here we a triangle , we expect that can break the triangle and reach to the top of the target and break 20K of history Everything shown on chart Dont forget Stop Loss And take long position Good Luck Abtin
Yap, it is pampin again... Enjoy the ride. Cheers!
Interesting... but irrelevant because no one trades it, so no liquidity on either side. Anyone with $60k could market-buy this to $140 with 3 clicks. :shrug:
Hello guys We returned In here , we have a triangle and we expect that the price want to going up but we think its not happen because its near to the tip of the triangle I take short position after react to the trendline Dont forget stop loss Good luck Abtin
DOT has broken out nicely from the descending downtrend. It is now headed to approx. 4.82 USD resistance, which will determine if it can follow to 5.30 USD or will need to keep bouncing for longer. Good Daily and Weekly candle indicating reversal at least for short-term (7-15 days).
We are awaiting the breach of the triangle to the upside, to go towards the targets Tg1 : 940$ Tg2 : 17OO$ Tg3 : 38OO$ Elliott waves ABCDE
Looking like the Primary Wave 1 has completed with an expanding diagonal, and in the motion of Wave 2 here. Bearish Divergence playing out I was looking at Tezos a bit more bullishly, until I zoomed out. Not taking a position at this time.
The strength of Bitcoin looks to have topped off here. Feel like we will get 1 more leg down to test lower descending RSI Trendline, and from there we can look for the next bullish move.
Strength looks to be tapped here and potentially going to start a decline in Chainlink. From my wave count, this would put us into the intermediate Wave C, then completing the primary Wave 2 of one higher degree. I am looking for Chainlink to re-test the ascending RSI Trendline I have set, with potential break below. I am short from $17.34
Looking for a 20-30 % correction 4H candlesticks This is just my example. Do your own research There is always a possibility of it breaking the resistance trend line and going up to 14k!! Pro Tip. The market never goes sideways, only up and down.
...bares the very real potential to take ETH back to €800 and beyond. Looking forward! What do you say? Cheers