To keep this simple:
parabolic movment, which has started in July 2017
ascending triangle (decline in volume fortifies the pattern)
confirmation of re obtained longterm trend
bullish divergence in stoch
stoch is at all time low
stoch is about to cross
We have all the signs of GAS about to increase!
Volume increasing for the last 5 days, About to have a Bullish TK cross in the future based on the plotting, Bullish Candle with Volume yesterday and Chikou is bullish
This is a huge 5R trade as with what we are seeing with many alts
You can also call this a Kijun Bounce leading into the E2E so I am super bullish...
USOIL has formed an inverted head and shoulders pattern. We are currently at the neckline ~53.60's where price has touched many times. If price breaks, we can expect price to move to the upside.
Price could move up to the first zone @ ~53.97 then we may find a retracement/retest of the neckline before price moves to ~54.30.
Waiting for breakout as confirmation...
It looks like the corrective wave (2) of the bullish intermediate degree has ended at 106.74 with an open triangle pattern formed in minor wave C of the A,B,C correction. The recent breakout outside the triangle barriers looks impulsive (as seen in minute 5-wave upside move) and fresh highs could be expected.
In the short-term, we could receive a brief pullback...
The ongoing correction in $XMR looks almost done. We have got a new low with Bullish divergence
What are you waiting for? The absolute low? Accumulate!
Target? Wave 3 ~ $270 MOON
#XMR #MONERO #CRYPTO
MONERO - XMR What are you waiting for? Accumulate
Today’s chart update will be on MATICBTC where it is approaching its apex zone, a move is imminent. Price may put in a macro higher low and continue this Bull Run or we may see a breakdown from local support, negating market structure.
Points to consider
- Trend overall bullish
- Structural support in confluence with .50 Fibonacci and 200 hourly...