On the daily previous candle make a pinbar and look reject from previous structure resistant.
we can consider to take a short position on the smaller TF.
M30 price pullback to previous structure to short, or wait at 50 percent retracement.
Price couldn't break 61.8 level confluenced with 1.272 level.
after make a double bottom, price break trendline, and now pullback.
we can take a buy position. final target on chart
It appears we have hit the bottom of the right inverse triangle as we completed a WAVE 5, which then should follow an ABC correction heading up to the NECKLINE above 200.
This BULLISH CCI DIVERGENCE ON THE D1 CHART is very significant due to the very long time frame. As you can see, the price has been going up and will reach the NECKLINE price target at $200 OF THE INVERSE HEAD and SHOULDERS pattern VERY SOON .
I had predicted yesterday a price target of $123 at the NECKLINE of the INVERSE HEAD AND SHOULDERS pattern on H1. The next price target I had also predicted was $190 at the NECKLINE of the INVERSE HEAD AND SHOULDERS pattern on D1 which it seems to be developing as predicted.
Wow... I hope everyone is seeing this. Remember, the longer the timeframe, the more significant the data is on the chart. This bullish CCI Divergence on D6 shows the second half of the right shoulder starting to form. From this point foward, Litecoin will skyrocket to the NECKLINE which is at about $192.
The price seems to be in a steep bullish channel. This price has managed to reach a level which has previously successfully held as a strong resistance level, if the price is able to break this resistance level then we should see substantial bullish gains. But if the resistance level holds this might cause the price to break out the bullish channel, this can lead...
Noticed a Inverse Head and Shoulders pattern looking formation here.
The 50 and 200 MAs also looking to converge around the neckline on 4-hr chart.
The neckline at $15 seems to be important, it has held support after a sharp bounce from the lows in the '08-'09 crisis.
If it can't hold above the neckline, some serious selling could occur unless fundamentals...
A very important update on bitcoin! I would have posted this much sooner, but as murphy's law would have it, just as everything reached the neckline, and the turned back towards the downside, my computer's hard drive failed and the day prior to that I broke the lcd screen on my phone essentially locking me out of my crypto accounts. Phone took 2 days to fix, but...
Should see twice the bullish climb we already have on nano if it has brroken the real neckline of the cup, if not the real neckline may be where the horizontal purple dotted line indicates.
One of the select few who actually broke out along with Siacoin and Tron so far. It is taking its time casual to hit its projected targets but getting there none the less.
![GE: [GE] Is It Time For General Electric Bulls to Return?](https://s3.tradingview.com/q/QOIpjsNt_mid.png "[GE] Is It Time For General Electric Bulls to Return?")
