We have been completely respecting the fib 6.18 lately. I see there is a potential bull flag here but i am hesitant to jump on the moon ship just yet. The volume has been decent the past few days compared to prior action which shows a much more bullish scenario then bearish. We are in a 14 month bear market now with still no higher highs. We are clearly showing a...
4h morning star
1h morning star early london momentum still moving up
higher time frames always win so need to trust
we have triangle formation waiting for break with our long bias from higher tf
we get a last kiss on 15m with lots of nice rejection dojis
one more push and rejection of down trend line and then a break with the 5m tf
also 30m ftr which was a...
After a strong move down, EOS (and a lot other coins) have stopped in a tight range. Volume is almost nonexistent, which means that we're approaching equilibrium point between bulls and bears, and a slight move in either side will create a massive bull or bear run.
Currently, on EOS we can observe a symmetric triangle closing in. A neutral formation, generally....
Chart Analysis: 15M-1H-4H-1D
I've watched how BINANCE:BCHSVBTC has been forming a continuation pattern, It could be interpreted either as symmetrical or ascending triangle, it also looks like StochRSI (15M and 1H Chart) is ready to move up for what I consider a 5th Elliott wave or C from a bigger correction.
XRP is out of the channel it has been riding in for the past couple months, looks to be on the move upward. Were the previous bottom hits a triple bottom? The ascending wedge seems to point to a greater breakout incoming, will bitcoin take a large value hit pushing people to xrp and other coins? Time will tell but I'm long on this one.
This is not investment...
Now a days btc is going to sideways, not so much movement.
BTC 1D Chart looks like a forming a triangle, which is going to end..
We may see price of the bitcoin heading towards $7300-$7400 in 1-2 weeks, then a slow decline to around the $5,950-5,850 range .
$5700-$5850 IS STRONG very Support we all know that,
There is a support trendline , which meets near the...