might not be an explosive one, but I don't know many buyers that can resist a bull flag. There is a lot of resistance to get through, but flags sometimes have a way of spearing.
A small tangent on trading multiple time frames:
When I first started trading it seemed like changing from one time frame to another was comparable to looking at entirely...
Not a professional. Not financial advice.
It’s hard for me to believe the crypto market is ready to go up again in the short term but the LTC/USD chart surprisingly looks ready to rip if the money was to flow again.
1) It underperformed this past year relative to expectations, but on the bright side it’s been forming a giant Cup & Handle when you zoom out.
Nasdaq has pushed up really nicely out of a double bottom, and now it is showing signs of hesitancy. It could decide to continue pushing up higher. It is still receiving support from the daily trendline.
But it has shown a nice Elliot wave pattern and is now consolidating so short positions could be considered. Actually as I am typing it is showing some signs of...
i didn't put too much thought into this but considering where we are on the GREED-FEAR INDEX (alternative.me/crypto/fear-and-greed-index/) we got WAY TOO comfortable WAY TOO quick
i'm expecting this pump to last til june 2nd. Why? Cause if you look back at April 20th you'll see it took 13 days to gap back into an uptrend.. the only difference this time is that we...
I didnt catch any of the reversal i thought it would do on the previous post and i was out on raod to update this on time but here is the live call im doing currently original Target profit is 136.570 lol i hope it does happen but ill be updating this one specifically because I see it moving strong soon!
I don't usually do market sentiment. I have been a TA only person. But, to better understand the market I am branching out a little. Does anyone else have some commentary they would add? I know my narrative is fairly basic at this point.
Oil got sold hard out of the gate in today's New York open after being bought up out of a long...
XRP is currently repeating a similar price action and volume path
I believe XRP may see a price increase soon. RSI showing similar patterns as well.
As long as no bad news comes out (Sigh) I'm seeing upside?
Moves similar to gbpnzd and I will be looking for similar movement. I think if price do not form and hold below bb that Price may possibly give another push up towards the highs before breaking previous lower levels. IF price closes below current level i will wait and see how pullback candle reacts and close. Will be monitoring the daily tf with 4 hr tf entry
21d/ weekly movingAverage crossing the 50 d/weekly MA crossing over for the 3 rd time in the history of BTC, Both times price goes to the 200d/weekly MA. Everyone is calling the cup and handle. Im only new to this but if everyone is saying something price wont do it.
Let me know if this has any merit as its my first public post
Hello guys, welcome back .
I strongly believe that the usd/jpy will visit again the short term bullish trend support line and after that we probably see USD/JPY to touch the monthly Resistance trend line. Of course, if the short plays out, we have to re analyse the market and depend on the price action we will decide if it's continuation up trend or reversal and...
xrp has to have a ton more volume put in and left in just to hold and then more volume to go up, volume has dropped a lot in 24 hours. this is a possible long situation, but this is not a 100% call they never are, like I said much more volume is needed to sustain this climb. I hope it happens but seriously plan to...