Price has broken out of a 3 years triangle and has touched the top of the monthly Bollinger band for the first time since January 2018. A very similar pattern occurred at the start of 2016 two years bullrun. It is very hard to believe that this breakout is fake and price will "nuke" back under the triangle, since touching the upper BB band on the monthly is not...
Triangulating on neckline. Indecision. See red triangle.
If the price will cross the Key Level we can open sell. All highs are lower than previous and this situation looks like the start of the bearish trend. The potential profit will be 3 times bigger than the risk. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
This 3 day chart shows that we have had failures at all of the trend lines at at the %SMA oscillator. This tells me there is either more downside, or we need some sideways action to retest the trend lines and break them. We will be watching these closely. There is still a day left on these candles, but these are all pointing bearish.
Today we will examine the intermarket analysis that we did 2 days ago and update the tally for bullish, bearish, and neutral indicators. First we will cover TOTAL, TOTAL2, BTC, and ETH. Lets have a look! Here we have an overall view of the market and a lot of neutral indicators. Anything labelled retest still needs to happen. Once the retest occurs, we will be...
Some circles for TOTAL Currently perched above 3.618 Looks like a W formation will be completed with a sharp wave up next We will see..
Potential upside to 1.618 if 0.618 holds Looks very bullish The pattern forming looks very suited for a large bull move like this one in bars pattern. I believe the altcoin market is forming a giant bullflag.
Greetings friends, I just wanted to point out today that we must not get blindsided by BTC moves. We must look everywhere, and today I would like to point out to you that we have experienced the BIGGEST increase in the TOTAL market cap volume and that we might be very close to a very big move to the upside in the WHOLE crypto market. Please manage your risk...
Hi All, I thought I have a look at the total crypto market cap and see what's going on. Here are my thoughts: OBSERVATION: ========================================================================================================== > WEEKLY chart: price action has so far found support and holding which has confluence with the weekly 21 EMA; A retest of the support...
Whenever there is a possible trend flip, we want to look at any clues that we can to understand if there is going to be a change. In this chart we have TOTAL, TOTAL2, BTCUSD, and ETHUSD all compared to eachother. February 24th, 2020 is the date for "Volmageddon". Here we have 3 of the 4 breaking trend and going from bullish to bearish. The only one that stayed...
Handle formation sitting on this rounded formation
Using sine line to plot a bull run and potential future bull waves Some other ideas attached, bullish ones
we are breaking ascending triangle and ready to break above alts party today and tomorrow I am very bullish on alts
Using spirals to forecast a top for the cryptomarket cap Two spirals are used a minor trend and a major trend (extends over a longer period of time) Both align around the 1B mark Not get shaken out! Very early stages of a bullmarket. I recommend ETH, BCH for buys.
Method: 1. Draw best representative overall trend line (green) 2. Draw fibonacci retracement from local minimum to local maximum following the 2018 peak -> I consider this local minimum as the start of the "new era" of crypto as during this time, many financial institutions have started to on-board to crypto -> There is considerably more crypto awareness both in...
Rounded formation These can turn very bullish once completed Short term it looks bearish, however this is good in the long run. Giant Bullflag Strange times