BTC is headed for a correction waves ABC, after it made bullish DIV on longer time frame. Short Fuel is on reserve already. Another point is greed - no one wants to be greedy in this times. Thats giving me propability of 70% to 30% for short-term bulls. Dont oversize or over levarage your position, dont make broker happy ;). I will be glad for thumbs up and you...
We see that the NZD/USD has completed a Bearish Crab Pattern on the hourly chart. ' RSI Divergence points towards potential reversal Triple Top confirms upper resistance Possible Short trade at .684 resistance level
Just a simple XABCD pattern on GBP/USD . We will be looking to go long and will be aiming for a target zone of 1.32122. We will be opening the position if the market reaches the 1.3080 zone.
Analysis of ONT started with bullish reverse of indicators. Then the price found and bounced from double bottom which is situated at the lower trend line of the Triangle. Lastly the price bounced and made a breakout up from the drawn point may start a bull run, in case of subsequent consolidation the price should form another XABCD and bounce from the upper side...
The price penetrates Ichimoku cloud where the lines intersect each other. Moreover the green cloud is above the red which means the trend reversed and our buying zone acts now like a strong support. At the 4-hour timeframe there is Bullish XABCD pattern which can help to break through descending triangle. Nevertheless there is no strong fundamental and technical...
EURUSD forms an XABCD motif, marked with a double top and engulfing candle pattern on the daily. the price forecast will drop in fib. retc 1.68
We tracked BAT for a long time and the current moment seems to be the best to enter this position. Hidden bullish divergence is revealed due to higher lows at oscillator chart and lower lows at the price chart. Indicators are bullish: Stoch RSI is in the oversold state, DMI shows possibility of sharp rise. Fundamentals are also great. The price is going to enter...
tp1: 114.322 tp2: 144.612 sl: 113.815
OMG is a coin with great fundamentals its price went dip due to overall market capitalization decrease. The price bounced however an uptrend was broken and the price found a new support forming bullish XABCD pattern. Indicators become bullish which enhances the probability of this scenario. We expect a gradual rise which will finish the pattern and then...
Technical Analysis of VET revealed that there is going to be trend reversal soon. According to various indicator such as MACD and DMI VET will become bullish in the mid term. Nevertheless, Stoch RSI indicates a small price decrease in the short term which will finish very bullish pattern Inverse Head&Shoulders. This scenario is strengthened by revealed hidden...
Recent BTC drop caused Alt markets crash especially this situation negatively affected ETH. ETH is under pressure of bad fundamentals and is being dumped due to that fact. Nevertheless the technology is outdated and can not solve the scalability problem there is still no operating platform which can be trusted as ETH. It'll take time for EOS venture platform to...
I've been going on for months about BTCUSDLONGS vs. BTCUSDSHORTS, so I decided to see what I can find in those charts now that I have some knowledge of harmonic patterns. I just wanted to find even more confirmation of the bull trend I've anticipating and believe has officially picked back up as of about 24 hours ago.
FX:USDCAD looking at a bullish break out of the harmonic pattern shown in yellow. TP is at green box at price 1. 31250 for 166 pips total
After an impulse breakthrough in the beginning of the year, Lisk started a downtrend forming a corrective pullback. At the moment the price has fallen to the safe buy zone where the last time a growth wave was started. The price should decrease a bit due to bearish XABCD formation at the chart. however up from the level drawn at the chart there should be a...
LINK demonstrates bullish mood at various timeframes: indicators are bullish and the trend is positive. The strongest bullish sign is spotted at 4-hour timeframe where bullish XABCD has been formed. The price should grow till the Ichimoku cloud zone where it will consolidate for a next growth wave. We expect a decrease after our first target to the point near...
The price is going to penetrate Ichimoku cloud and break through the upper edge of it. Bullish indicators confirm it: Stoch RSI is oversold, DMI shows a strong uptrend mood, MA and EMA are in buy state. There is formed bullish hidden divergence which enhances our forecast, the Gartley butterfly that is show at the chart should be formed up from this point there...
Clear XABCD Pattern on TRIG target 1: 745 target 2: 1065 (130% profit)
Previously, we've seen a Gartley pattern complete and reach the target level (61.8% retracement) of the CD leg. In the chart provided, i have drawn out the AB=CD harmonic tool to help with the projection of this pattern. We've had no candles close below the 61.8% fib, so that's a good sign for me and is why i now have a long bias. C leg of the AB=CD harmonic...