Dear Crypto-lovers! Or is it Crypto-haters atm? :(
Let's jump in. We are taking a look at the 1D ADABTC Chart. So as you can see, ADA has fared better than BTC the last 3 days. That is pretty unusual in a market with uncertainty and disbelief. So what is going on?
So April the 5th Cardano will have a Road Map Update. That is some Fundamental stuff we need to be...
Hi All,
As usual, i will make the explanation simple and easy to understand.
1. Symmetrical Triangle is a continuation pattern so entry from Bear will end with continous bearish trend at exit
2. Volume decrease until breakout
3. Stoch RSI returned from overbought
This TA is for Educational purpose and not a financial advice. If you are happy with my charts...
Hi guys,
I really want to share with you a complementary analysis with my previous update "UPDATE - THE BRIGHT FUTURE FOR LITECOIN".
Aroon indicator could help us predict some trends to get better profits when you trade.
As you can see on the chart, when the AroonUp curve is red and AroonDown curve is green, we have a bullish move. On the contrary, you may...
Hi guys,
No Litecoin is not dead, whatever the recent pieces of news like Litepay announcement. Bitcoin leads the market and gives the direction for many cryptocurrencies. Just panic period because there are some bad news during the market correction.
To react from my previous chart analysis, the huge symmetrical triangle with ABCDE wave is not followed, Elliot...
XRPUSD Has been for sometime now in a very bearish trend. There is no fighting this so why not earn while we go down right guys?
What I am watching play out here is another(!) bearish pattern forming on XRPUSD. As you can see I am already in the trade and things have stayed in profit the entire time.
Watch with me as we see this trade play out.
G'Day Cobbers,
Choppy waters indeed, it is hard to get a handle on BTC currently, as of yesterday I was bullish with the breaking of the small falling wedge but the 200ema stood above like a brick wall and denied any move above 8200 and the eventual break out of the large triangle. Overnight BTC kept ranging and we continued moving side ways into what now...
Hello Friends,
Hope all are well, I understand your pain which everyone has to go through in the Trading world.
I see BTC can bottom out around the trendline ($7000) to $7700, it is just a simple symmetric triangle pattern and M pattern in the 1 hr timeframe and But we are trading below all the Moving Averages. Well, I do not write much, I...
Hi guys,
I bring you some light in that bearish day. I made a day-chart analysis for the long-term on LTCUSD and now I share with you an update to understand what's happening.
Bears are here and that's completely normal, if we trust in the completion of the ABCDE Elliot wave forming since December.
However, there is also another possibility, as we had an...
Hi guys,
Some update from my previous analysis "THE BRIGHT FUTURE FOR LITECOIN".
First of all, you can see that I've changed the huge symmetrical triangle's outline to expose the final possible triangle support that is located around $128.
Yes, there's a clear bearish flag forming today. That's why I think the bearish trend is not ended.
If the symmetrical...
In our last TA, we were going into the weekend with a Head and Shoulders look, but it was uncertain whether it was going to be a short term H&S or a long term H&S. We didn't hit the mark for the bottom of the inverse right shoulder (around 153), but we did hit the mark for the top of H&S right shoulder (164 range) and the Sunday/Monday drop happened.
Again, in...
So as you see there is a Triangle, what we gonna do with that Triangle?
1) If price breaks the Triangles top and pass to D leg then Patterns invalid do not enter the trade.
2) If price breaks the Triangles bottom then price will reach to Patterns D leg. Then go long.
Last words: Bat pattern has perfect AB=CD Pattern too, support line.
G'Day Cobbers
After a failure in the last pattern called, I called it but I kept averaging down and am now in a good position for a long term run up to ATHs, I know everyone is calling for the death of Bitcoin, especially some of the top posters, these are for views not your benefit. Can we go down, sure! , Do I think we are going under 6k? No.
Take a look at...
Hello guys,
The right shoulder of the inverse H&S and a symmetrical triangle are broken with an evening star. LTC move has formed a beginning of bear flag. These indicators involve a test of $152 support in the short-term.
Just a bearish momentum I think, LTC should recover its value in a few days. Don't forget that LTC has formed a huge and perfect symmetrical...
G'day Cobbers,
Tasking a look at the 4 hour chart today we are still on track from the last update on which I said that we will enter correction to under 8800 before making our way to break out of the symmetrical triangle that has formed by the long held uptrend line and down trending line we have be forming since the ATH. I stand by my call we are currently...
Looking at the 1 hr charts, it appears the next 8 days may be the most critical point we've seen in 5 months. We've continued in a downchannel since ATH in late December. If you look at the Large Symetrical triangle which coverges on April 15th, you can see that many indicators come into play over the next week. From Feb 12-15th, there was a breakthrough of the...
if The price is breaking above the resistance line.
we could se the price extend the 5 wave.
if the symmetric triangle, does not break the resistance line, a correctional waves of ((a)), ((b)) and ((c))
could occur. i see the price fall to around 1.18710. before further upside.
if wee look at the divergence, there is a big chance of the price to break...
Pretty ugly chart, but we'll look past that for a bit.
BTCUSD has been making multiple M formations over the last few weeks and it appears we are retesting the neckline of the M that began at $7,200. By formation, the target for the decision point lies in the range of $8,300, along the .236 retracement point on the fib levels running from $6,000 to $11,800.
If...
