This deathcross thing, you know. I could write a hundred updates. LINKUSD had a deathcross recently. It's had quite a run since it broke. Unfortunately for many, that day the crossing meant large scale sell-off. 11% of USD marketcap was traded away in a single daily candle. Talk about volatility!
I've been hesitant to try TA on Bitcoin. With the institutional interest growing over the last year I haven't made very many good calls, so this idea is entirely for entertainment purposes. I hope it generates some comments and conversation more than anything.
I put a horizontal ray near $41000 after it switched from resistance to support in early January,...
The Stock is currently on the way of making a Rising Three Methods Pattern on Monthly Chart, if the Stock Price Closes above 144.2 this month.
It is a Bullish Continuation pattern, can be hold for couple of months if formed.
I am learning, any critics or comments are welcome.
Happy Investing :)
I looked at this setup last night and set an alert. After the Sto RSI bottomed out on the 1H and the price tested the bottom zone I opened a 1:3 RR at 0.67599 with TP at 0.68299 and Stop Loss at 0.67327. I'm trading on a very small account or I would place a partial TP at 0.67936. I'll be watching and move the Stop Loss up to a zero risk trade once it clears...
I was learning about the differences between the Andrews and Schiff Pitchforks. I think the Schiff applies to the current USDJPY chart better than the lines I drew before. When it reverts to the center line I'll like try a small position.
After yesterdays debacle with VET i was unsure to post this.
What i did was bought a small part in at 306.8 what was fib lvl .786
As a backup i will buy more 1.5x the first bit at lvl 300.8
This was the swing recent swing lo.
This 1 is now in profit and i already moved my stop loss from 294 to 306.8
So in profit.
lets see how long we could ride this baby
First: Any constructive criticism is very much appreciated and helpful! :)
So here I am, an absolute beginner with a couple crayons of knowledge: I just drew in what I observed to be wedges. The first a rising bullish wedge that continued to a bullish trend. That wedge was followed by a falling bearish(?) wedge. I thought a continuation pattern (bearish) was more...
Trading isn’t the same thing as investing.Investors buys stocks and hold them for a long time - often for a too long riding a stock all the way down and possibly even buying more along the way. Traders, on the other hand, hold stocks for as little as a few minutes or as long as several months, and sometimes possibly even a year or more. The specific amount of time...
G'day peoples, I have recently been learning about technical analysis and am wondering what some more experienced people think of my current analysis of the chart and my prediction. What I'm seeing on the charts is the likelihood for BTC to grow about 3 percent in the next day or two shadowing what it did on the 21st to 22nd of dec from 20.00 to 4.00 on the hourly...
this is my bias for SHIBUSDT for long position i hope this technical analysis will move the right direction
again this is only base on my beginners knowledge hoe you will understand this idea..
if you have suggestions or other idea please feel free to comment..
and if you like this PLEASE HIT THE LIKE BOTTON it really help me to boost my self to...
First of all, not financial advice.
Here, I see a potential triangle pattern forming.
The apex of the triangle should be around January 1st !
If the price breaks the apex bullish, we might see a new ATH !
Right now , with the MACD histogram, we can see that the bullish momentum is very. The price as good chances to be pushed on the top of the triangle,...
Would anyone care to assist me in learning elliot waves? I have been studying for the past few weeks and have really put forth the effort to learn how to read elliot waves and would appreciate a veterans honest opinion of this 4 hr analysis ...
Thank you in advance!
"We become what we think about"~ Earl Nightingale
Laid out my trading plan for the Pre NY/NY OPEN Session.
Stated both bias for buys and sells.
Higher probability of it going higher as the Daily candle has closed bullish above the range but also since it was a strong rejection area previously, it can also reject the area once again and continue bearish. Let's see.
Be patient. Wait for the candles to print....