We can see on the EMA Ribbon that the previous attempt to change the trend was unsuccessful.
Latest attempt has been successful and we will see a continuation shortly.
It is worth noting for those who are unaware; This coinbase price chart is missing the price mark down phase and accumulation phase.
Referring to this chart only will make it difficult to find...
We are facing AST making a ASCENDENT TRIANGLE that is a bullish's pattern (timeframe D1). In the next hours we probably will broke the border of the triangle to UP and continue the moviment until the higher Bollinger Band.
On this chart it can be seen that Fib circles correspond to opposite peaks within the current uptrend (red ovals)
I'm not sure of the correlation and causation of this, but it is pretty cool to see
Price will likely continue up through the channel placed
Hi guys,
Just to share an update about my previous analysis. Things are doing well for us, but I have a concern about the last 1d candle, looks like a pattern that would bring our price down, hanging man pattern, let's wait for next for the confirmation. If the next candle is red there is our confirmation.
Enjoy the profits,
See you soon.
Please give a like in...
So guys, I already took I good profit in AST, 170% amazing.
I'm just thinking that maybe the chart is starting to form a bullish again in case of this happen, there is a huge chance that the price breaks the major resistance chasing bigger prices. (Something like 0.82) Fibonacci confirms that.
Please if you like give a like and follow me for more.
Comments also...
AST has been on an uptrend since December and broke out of its channel last week before retesting the upper trend line.
If successful, expecting this to go on a faster uptrend, with some good gains.
