Hello trader, Nice week and profitable deals 💲 Feeling the turmoil in the market regularly...Even though I'm just a small fish, I take it upon myself to blame the FED for it. They started the tepppan much too late and denied until the last second that this inflation was not just temporary. On the contrary, it could also develop into hyperinflation! Even if BTC...
TSLA has had 5 waves upwards and within these waves has formed somewhat of a Logscale AB=CD Harmonic Pattern. The minimum targets for these AB=CD patterns are typically back down to the C level which in the case for TSLA should take us down to around $38.60. As far as the Technicals go we have the MACD beginning to curl down and will be crossing bearish soon and...
This Double Bottom is looking pretty promising I set the Fibonacci tool up in logscale and that reveals that we are at the log-scale 88.6% retracement and from the looks of it are Double Bottoming while Forming Bullish Divergence on the RSI and as if that weren't enough we are also very near the PCZ of a Bullish ABCD which is just below us but the context of us...
Previous halving have correlated with higher prices than prior to the event! The trend channel on a log scale has worked out very well since 2012!
Thought this was an interesting view of BTC in HTF on Log with a Fib time that appears to line up nicely. Based on current PA, don't believe it will hit bottom of the channel. However, $20K-$23K level is looking potentially ripe for a bottom, before another parabolic move upwards for ATH over long term. Would prefer BTC to move down sooner than later. This to me...
#BTCUSD #Bitstamp #Weekly #Log #EW - Hello traders from all over the world! It’s been a while since we’ve looked deep into the possible scenarios of Bitcoin in long-term EW perspective. The uploaded images are BTC weekly log scaled chart. Personally, I believe that spotting market trend and price actions utilizing Elliott wave theory is not that significant. So...
Good morning to all respected Traders and Investors, I made a simple analysis for BTC/USD Just prepare for the worst, I find support at 28k and resistance at 69k I reckon you guys to entry at 28k and Take Profit at 69k "Whatever you think, think the opposite :))" Happy trading you all Happy investing you all Good luck!! Critics and comments are super...
#BTC/USD After bouncing off the 1.272 every cycle $BTC has never returned to that fib not even for the bear market low Bear market low always bottomed above the 1.272 Difference of this cycle is that higher high!!Will this time be different?
Please note I am using the logarithmic scale for these charts. TLRY was in a clear downtrend for 78 weeks, and has since been consolidating for 34 weeks. with highs of $300, and a current price of 7.40, this thing has huge potential for a large bounce. on the 1W chart, we have been essentially range bound since the highs and have recently broken above. Trade...
We have Bullish Divergence on MACD and RSI near the bottom of a Descending Broadening Wedge Pattern at the PCZ of a Bullish Gartley in Logscale.
Background FA: SYS launched NEVM (full smart contract compatibility), has backing of Canada-listed $BCFN corporation, Merge-Mining with Bitcoin , making it the most secure altcoin, Launched Layer1 Ecosystem, placing Syscoin as direct competition to $BNB ($100b Market Cap), $SOL ($100b Market Cap), $ADA ($100b Market Cap) and $ETH ($500b market Cap). Market Cap of...
We have a Falling Wedge with Extreme Amounts Bullish Divergence on the RSI at the 100 Percent retrace of a Bullish Shark within a large 4 year structure. LTC is not only setup to outperform BTC but it is also setup to outperform Bitcoin Cash and Ethereum. As of right now BCH, BTC and ETH charts look very bearish so it would be very interesting to see if Litecoin...
Ethereum ETH 1D Log scale chart shows that there has been a long trend line forming since March 2020. As the price is falling, there is support around the $4100 - $4200 price range. If it breaks that price range, we may be seeing lower price targets. What are your opinions on this? Comment below, hit the like and follow me. Thank you! Check out more below for...
I always wonder why BSV is offered on Robinhood and not on Coinbase. :P I put together a Log chart on a 1D and looking at history to assume where this is going. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis ....
Could a 10X still be in the cards for Litecoin LTC? I put together a 1M LOG Chart for LTC and assumed the double bottom breakout in the works. The 478% calculation brings the fib level to 2.618 almost perfectly. Of course this is an assumption but I can't rule this out. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This...
Assuming it following in the parallel log channel, Nov 15 high/low noted in the chart. Fundamentally, DOT is a good project and has strong growth potential. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't...
Here is a trendline from March 12 2020 to October 7 2020 extended on a logarithmic price scale using 12Hour heikin-ashi candles : March 12 2020 was the lowest price point of 2020, and forms the beginning point for the trendline. Using that point, we can form the lowest unbroken support trendline before the post-ATH drop. Let's highlight our current...
The bearish Gartley on ETH has evolved to form a Logscale Bearish Bat