The "falling three methods" is a bearish, five-candle continuation pattern that signals an interruption, but not a reversal, of the current downtrend. I would short below the yellow trend line support on a break and close of it with a 1 hour candle and with a stop loss just above the trend line. There was huge red volume spike and oscillators are looking...
NOT AN INVESMENT ADIVCE.
That s only an opinion i belive thats gonna work cuz of the current bitcoin situation and bitcoin still shows us a bearish elliot.
This is a ghost feed of what BTC daily candles could potentially look like as we are approaching more uncertainty of the direction in the crypto market. Please provide some thoughts on this.
Currently Bitcoin is currently below trending support and now forming what looks to be a bearish channel. I do not have much faith it will break out in the near future. Although BTC has fooled us and pumped before, I am just not sure it will this time. It looks like BTC is rebounding from its most recent dump and can soon hit resistance and fall again. I am...
SHIB is overbought and ready for a healthy correction. It is approaching the marketcap of Dogecoin and will likely not flip it as the master memecoin. This will be an ongoing battle between the two. Stay tuned for more updates and follow my group for detailed signals, and analysis. Hit that follow button
Bitcoin Dominance has violated a supporting trendline as well as a moving average. RSI is trending down. Alts could see some relief in the short term before dominance tries to regain power again. We input a possible outcome of a lower low printing in the chart, this is us anticipating dominance to fall to its next support before recovering.
It’s time for a correction in the SP500 , support around 4000 areas to retest its breakout from late 2020 early 2021. Stay tuned for more updated analysis
Hello traders!
Short term trade for the current downtrend: completion of the current Minor Y (Red) which requires the completion of 3 legs down (ABC zigzag?) for the Minute Green Y.
In a effort to make people like me more and share my non-sense at this moment I am talking Moon now like me lol 🤣
Surprise! just a bear in the box 🐻... 🤣
This is real entertaining to me the yellow circles are nothing similar to each other and these lines are just a joke.
#TheyBuyLambos 😂 #lambo? All this time I have been saying #LandThough 🏞🏠🏘 LOL
What are...
Breaking the downward triangle pattern and reaching the important green area (Fibonacci level and pattern target) due to local currency management suitable for trading
Looking for a retest at 1.27856 but could break below 1.2744 which if it closes below then I’ll short it. 1.28126 and 1.28244 are other retest points which I’ll look at. If entry is s at 1.27856 then the most drawdown one should be looking at is 39 pips. If no drawdown TP is 74 pips. But if moment pushes up then entry will wait for another retest either on the...
