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Wpattern

BTC Necklines, Heads and Shoulders We just bounced off the previous neckline from the "W" which I was talking about the other day so my top target for the current rally remains at 53k. Here is one visual explanation in the form of a pattern that I've been posting for a few weeks now. You can see that this repeating H&S is really taking form now on the weekly and smaller timeframes. We just bounced on the 52w MA (pink). Let's see if we can get all the way to 53k before we reset for a new ATH rally and can find the bounce at around 40k.
by BitcoinEasyIO
11
W Neckline Too Strong for BTC!!!???As i mentioned in this mornings' video, the 49.500 Resistance and neckline of the 'W' pattern (Green) on the smaller time-frames, is proving to be a challenge for the bulls. This has been a solid support/resistance area for qite some time now. In addition we just broke down from this wedge (Orange) on the 1h and now we need to see if we are going to be able to find support before or when we get back to the channel (Pink) that has been a strong resistance for several weeks until we've broken out of it to the upside yesterday. I'll keep you posted if anything significant happens. Check my previous posts, most of them are still relevant and will give you a better idea about my analysis and targets. Cheers and happy trading!
by BitcoinEasyIO
RIDE - BIG W after BIG MLONG TERM BULL, SHORT TERM BEAR I am currently long shares, writing options so technically short under my strike at times, and trading additional shares to increase the overall share count. I like opportunities and I understand the risks involved, which you may not so do not follow me or anybody without understanding all risks involved. This is an idea based on fundamentals and includes such laughable chart-work because the chart is simply meant to show as a timeline and basic shape/placer holder, do not spend money because of this chart or any chart, invest and trade at your own risk. The reason I am somewhat looking for this chart to roll into the W after investor week is not only due to the fundamentals mentioned on the chart but. As shown in the more technical idea here , the market appears to have rejected the inverted head and shoulders and that has currently set us up to follow an ascending triangle. Spoiler alert for those that don't know: Those don't end well, statistically speaking. While I ultimately think Lordstown Motors WILL be a great force in the automotive industry (whether that ultimately is a very large dumpster fire or an empire), we don't really know yet and it's just not healthy to disregard the opportunities to trade along the way.
RLong
by rolledchange
ETHEREUM FINDING BULLISH MOMENTUM (LONG) or RSI Divergence?HI GUYS, I'M FIRST TIME POSTING ANALYSIS. Ethereum (ETHUSD) 1 Hour timeframe -> Short formed W. This is a make or break level and indicates a higher low with strong bullish momentum. The neckline of W can be a perfect entry ONLY WHEN price breaks the neckline (Black horizontal line - 3334) with strong momentum which will also result in 50-EMA breaking which indicates a strong buying level. The target will be a risk to reward of 1:2 which comes out to be 3463 (or you can exit at 3450 as well which was important support for previous days, so it can becomes strong resistance as well). Stop loss will be below neckline of Short formed W (3269) Therefore only take entry when : 1. Strongly breaking horizontal resistance level (3334) 2. Breaking neckline and top of short W (same levels - 3334) 3. Breaking 50 day EMA strong Once you have these 3 confirmations, you can take a trade and try for 200 EMA target as well while trailing stop loss. RISKS OF TRADE : Conversely, if the current levels do not sustain, we can see sharp selling with RSI Divergence where the power/momentum of ETHUSD has increased at same price levels (3334). This means it is in overbought zone and will likely to fall till RSI gets a support or comes around 40-42.
BITSTAMP:ETHUSDLong
by raghav_tradeit
3
AMBER BAT PATTERNHello Welcome to this analysis about AMBER , we are looking at Weekly timeframe perspectives . AMBER is developing here that will be a decisive factor in the upcoming times. when looking at my chart now we can watch there how AMBER has emerged with this key BEARISH BAT & CHANNEL PATTERN marked in my chart with the black boundaries. In this manner, thank you for watching my update-analysis about AMBER and its major BEARISH BAT PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
NSE:AMBERLong
by shanechart
Reasons we should buy solano Hello again After long time here I came for telling you about SOLUSDT the first reason is a confirmed breaking out of a triangle which takes 2 months to break out . the second is obvious W pattern which I pointed out in chart the third reason I think is a third eliot's wave it might exist which give us a min target 66-68 $ and after that wave 4 and 5 as you know. the last reason is fundamental . we all know that solano is goood :) well I will open a position (3X leverage) in low amount and after neck line getting broken by price (38-39 $) then I'll add more money and I'll be waiting for 66-68 $ and sell about 60-80 percent of mine (for probable ascending ) stop loss is below the wave 1 and this depends of your risk managment. and also you can buy in spot ! Thanks for your attention.
Long
by amirhoseinmlh
3