We are seeing a squeeze develop on the 30 minute chart, this should happen within the next 2-3 hours. Now is a very good time to buy or, if you prefer to be a bit safer then wait for it to breakout and retest the triangle. See the chart.
Set a stop loss just below the bottom of the triangle.
If you look at the price action over subsequent periods you would notice price as been forming a triangle on the Daily chart, this could signal a breakout to either the upside or the downside. I choose for a short bias. Trading carries significant risk, make informed decisions!!
As seen from the past few days Bitcoin is revolving around 9500$ -10200$ mark, which means is been stable in the range and also good for altcoins.
However, whenever bitcoin bounces back after the 9500 levels the altcoins get crashed badly.
With the formation of a descending triangle pattern, it more likely seems to go down towards the 8500$ mark.
But still, I...
Neo is forming symmetrical Triangle Pattern Also showing SHort term Uptrend in the hourly chart.
After a successful BReakout, I would buy Neo also place a bid around 1130-1140 Sats in case if it retests the support line
Targets after successful Breakout
If move above these levels then easily it can touch 1400 Sats in Midterm
Note- This is not...
Bitcoin created a volatillity Funnel that can lead us into 9.4K
2 targets at 8800 and 9400 , btc can keep moving sideways at the funnel, we will wait to breaking out from the funnel - with a lot of volume.
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....