Hello friends, As you see, these patterns are Expanding Triangles. In an expanding triangle, each individual leg is larger than the previous one. As a result; an expanding triangle sends out contradictory signals for traders, which leads traders to make faulty decisions! A Possible scenario is shown in the chart. BTC (4h)-Technical RSI *** Sell DMI is...
Hello friends, A Possible scenario is shown in the chart. Now, Stellar (XLM) is on my watch list My recommendation: look for high volume at the breakout. Also, you can confirm your entry with a closing price above the trendline.
Hello friends, I've seen many Strong Supports before, But, Never Like this! 23.257 million Bitcoins in 1 minute (As you know, there are currently 18.8 million bitcoins in existence)! 930 Billion USD in one minute. I think few countries have this capability (930 Billion USD)! 40k was like a reinforced concrete wall! You should watch for movement from 40k...
Hello friends, I posted about this (bearish) scenario over 7 days ago. A Possible scenario is shown in the chart. Technical analysis section: The head and shoulders patterns are statistically the most accurate of the price action patterns, reaching their projected target almost 85% of the time. My recommendation: You can set a Buy order (10%) at $ 38k You...
Hello friends, As you see, this pattern is a rising wedge. There are a few indicators that can be used. As you know, in a rising wedge pattern the volume should (may) be decreasing, showing a divergence between price and volume It's taken me a little time (see attached Idea) to discover whether the pattern is a real pattern or a disguise (Trendlines across 7...
Hello friends, It's the result of my efforts to offer a simple presentation. A Possible scenario is shown in the chart. Stop Loss is your friend! Technical analysis section: The head and shoulders patterns are statistically the most accurate of the price action patterns, reaching their projected target almost 85% of the time. My recommendation: You can...
Hello friends, A Possible scenario is shown in the chart (Also Possible channels). Stop Loss is your friend. For more details, See attached Idea. Follow updates.
Hello friends, "a broken watch is right twice a day", Avoid reading bearish Idea "(Claimed) technical reasons for Plunges 10% in One Hour". Reason of the Bitcoin dump was SEC pressure on Coinbase (See: twitter.com ) . Possible channels are shown in the chart. Follow updates.
Hello friends, (When BTC is 52800 $) Who is going to sell Bitcoin below 48k? A) Hodlers: 1- Most of them are in profit. 2- most of them bought BTC for less than 12k. B) Bears: If they have bitcoins (yet), it makes sense for them to sell at 52k instead of 48k or 46k :) C) Liquidation industry (Money-making industry !!!). I think this is true. If you...
Doge thought BTC said "Stop," BTC said, "Start"! See Attached Idea (what BTC said ?) Long-Term Analysis:
Hello friends, First, Congratulations to all Bitcoin holders, Target Touched (approximately 51k, See attached Idea). Then: It's the result of my efforts to offer a useful (I hope) presentation. A Possible scenario is shown in the chart. W pattern: Generally speaking, the longer the duration between the two lows in the pattern, the better. Follow updates.
Dear traders: It's the result of my efforts to offer a simple presentation. The golden cross is a chart pattern that is a bullish signal in which a relatively short-term moving average crosses above a long-term moving average. Some analysts define it as a crossover of the 100-day moving average by the 50-day moving average; others define it as the crossover of...
Hello friends, A Possible scenario (Long term) is shown in the chart. As I told you, This is a bull flag pattern (confirmed with an inverse head and shoulders). The previous Idea was An example of the wages of Smart Trading, because, based on flexible updates, You were One Step Ahead of the Market (See Attached idea)
Hello friends, Now, the Short-term Bull flag is over (target touched 49600 $- see attached Idea) A Possible scenario (short term) is shown in the chart. Long Term:
Hello friends, A Possible scenario (short term) is shown in the chart. BTC (4h)-Technical RSI *** BUY DMI is neutral Oscillators: Moving Average Convergence / Divergence *** BUY Momentum Indicator*** BUY Bears Power is neutral Moving Averages: Ichimoku Cloud is neutral Exponential Moving Average *** BUY Simple Moving Average *** BUY Volume Weighted...
Hello friends, A Possible scenario (short term) is shown in the chart. The long-term analysis is attached. In a Falling wedge pattern, a stop loss can be placed close by at the time the trade begins, As a result, the outcome can yield a greater return than the amount risked on the trade, to begin with.
Hello friends, A Possible scenario is shown in the chart. What next? As you see, Several Bull flags are finished. A) If the red line (-DI) Breaks the black line, it is a sign that it is going to go down, 40% stop loss. B) If the red line remains below Black line, it is expected to create a new uptrend (a bigger bull flag pattern). Follow updates.