Important points first: Bullish points: - KST is indicating a cross very soon, and it is near the 0.00 mark. Typically a cross under or at 0.00 going upwards is an indicator of a bullish push. - Harmonic Bullish pattern is forming and is bouncing off the 0.5 Fib support, so a push to a higher level is likely. - Most recent bearish push down over the past 5 days,...
Okay, let's look at the MDR, Market depth ratio. Simply put, this is a ratio of the bids/asks in a relative manner. What I want to highlight for some of you is that the MDR had a high spike to +32% on 2/22 at 7 AM. Shortly after at 1 PM, the price fell, and then MDR hit a monthly high of +67.7% at 2/23 7 AM. Around this time the price was $46.2K. What was...
Hello, first of all, I would like to admit, I was mistaken in my last XLMUSDT post, I had assumed an earlier push up but in fact it was not. I would like to post this with Fib time extensions and Fib levels. As I have noticed it is repeating a cycle on the fib time periods. Every major level it does a new push up. The purple line is the resistance trend line,...
Harmonic Pattern being played out here, However the long term is bearish because it's a bearish pattern. Short term pump if BTC pumps. Potential of 2x profit, but careful after that. Please read price levels on chart to make decisions and see time frames
Currently looking to contest the 0.382 fib level at $0.55, but will most likely blow past to the 0.5 fib level where it will face resistance around $0.70. But overall long term is very bullish here, and it will reach for $1.03 or $1.27 within 2 months. Multiple patterns to look at. 1) Cup and Handle - Bullish at this moment. 2) Inverse Head and Shoulders -...
It has been following the past pattern for a while now, highlighted in purple. Two large paths indicate the type of movements we can expect, please check the zoomed out version. Price may move past 58k by end of the month (70k around May) OR drop down below 40k (30k around May) then perhaps go up
This is indicating that the bear run has completed for XLM, and the bull run to new top (highlighted in blue) has started. This is the same pattern that has been occurring with XLM for a while now.
I have picked up that BTC is following old trends from the recent past, and I think this may be the movement in the price pattern. Towards the end is where it pumps again to find a new ATH.
A bunch of notable altcoins have formed very strong harmonic patterns on the daily timeframe. This is just one of them. I am expecting price action to continue sideways, with a slow incline, and then a good last downward drop before reaching for new highs. You can wait for the drop again towards the end to place your positions or follow it taking it small profits...
Short term pump coming soon, long term, it still needs to test a few areas below
How I made this: took the fib levels from a bearish perspective for the previous two big bull runs to ATH. Marked the levels in the fib where the majority of the trades happen, and observed the trend. You can clearly see them bouncing off those levels. For all those drawing triangular wedges, 99% of the time they don't work and price goes down. Stop giving...
Seems like there are just numerous harmonic patterns forming each day on a lot of coins. Fib retracement level on this is indicating towards the 7 mark. This is a bullish pattern in case you're wondering.
Reposted my old chart with the old harmonic pattern still on it. It did as I analyzed. But for it to do it again now? I'm not crazy, but this coin is crazy. Two paths. Up or down, both highlighted. I don't trade this coin anymore because too many people on it. I prefer sleepers
Typical Bearish Harmonic Pattern on the weekly, but for it to complete that it must go up in price, in that sense it's a bullish movement for the next few days. I would expect the price to reach previous ATH as marked within a few months. Trade with caution.
Typical butterfly/W/harmonic pattern, whatever you want to call it. Expect this to push to previous ATH around 1.3. After that I wouldn't be sure.
I am seeing a bullish harmonic pattern being played out on the 4h time frame. It completed the typical slight push up followed by a slight push down, which is generally the pattern associated before a big push upwards. Use this to make your own analysis and share them in comments to tell me if you agree or disagree.
XLMUSD likes to play tag with ADAUSD. If you see price increasing on ADA, don't be afraid to open some positions here on XLM. From a technical perspective, there seems to be a H&S forming right now, with the right shoulder about to form. 4h formed a skewed bullish harmonic pattern, and it might retest 0.310 - 0.315. General movement however will be...
So I have noticed that it's passing the same pattern as last time on it's run up as highlighted in the orange top line and the bottom pink line. The channel in the middle is something I want you to bring your attention to. I have found this to work almost every single time, it has to do with the height from the bottom to the top, and the half way of that, marked...