Also keeping an eye on CADCHF's price action for the sell.
We can see a clear HTF double tops, and price moved up correctively in the ascending channel.
Sharp, LTF impulse phase broke down, and now is consolidating to form another correction.
I would wait for this LTF continuation correction to complete and look for sell opportunities down to the...
GBPAUD has nice bearish price action that could give us a sell opportunity down to the previous lows.
We can see that there is a clear bearish LTF impulse phase that broke out from the ascending channel structure.
This is a great indication for further downside potential, as long as we see a continuation correction to develop and complete to...
is it only me or those two seem pretty similar?
we are now looking at the hrs chart, and IMO it is the start of the bull trend.
2 big green candles in the hrs, which looks like the 2 that also the XRP chart had shown before its enormous climb.
I am bullish on this one, planning to reconsider my position once it reaches 1.8 USD ($), expecting a 3X in the...
Aside from all the recent news on AMC and other stocks, lets talk a look at the technical sides.
We see price was at all time lows of $2, seemingly going down more. However, price action may give us clues on the overall future.
From the all time highs of a double tops, price pushed down and then formed continuation to push down further. But, it...
Over the past half year, the price has risen from position 1.078 to position 1.234. This is a very strong growth for this asset. And one could expect that soon the price will stop growing and will correct upward through the fall.
At the same time, at the price high (1.234), a Head and Shoulders pattern is formed. The pattern has formed tops + a clear initial...
Eyeing USDCAD for the bullish price action to come into the market.
We see the latest price is currently forming a corrective structure near the bottom of the HTF swing lows.
Currently price is still in the correction, so dont jump into yet. What we want to wait for is a clear breakout from this correction, and look for continuations.
We can clearly see a double top formation occurring in the 1h graphic. We see a stochastic divergence as well but OBV indicator confirmates a down move. Lets see what happens, but i will consider patter and volume more important than the oscillator. Price will go down to 0.012052 and then i would expect a 50% conter trend move upwards.
Bitcoin has been seeing some hard days, people are losing focus and think crypto is dead? I say, think again.
I was watching BTC charts, and while looking at the weekly i notice a very Bullish Pattern, that could be the igniter of the next Bullrun.
As you can see we are looking at a huge Falling wedge wich is a bullish pattern, and if we break up...