Here is a quick guide to Japanese Candlesticks. I went over the basics of candlestick construction & some of the common patterns we see a lot
Just looking back over the past month and I am seeing repeated patterns. Interpret as you wish, just something to be aware of.
Here is a quick simple guide to trading swing failure patterns
I'm not convinced that this will be a breakout to 7k. I think we will stay in this range of the pennant until we drop further down.
Be careful with your bias here. We could breakout of this pennant to the downside and test the support levels at 5.8-5.5k
USD Current Price: $4.88 USD All Time High: $73 Neblio has a small but very active and hard working team. Q2 they have launched their marketing campaign. I still think we will fall near 6000 sats, you can’t really ask for a better entry if we make it there
NEBLBTC USD Current Price: $4.88 USD All Time High: $73 Neblio has a small but very active and hard working team. Q2 they have launched their marketing campaign. I still think we will fall near 6000 sats, you can’t really ask for a better entry if we make it there
TR Strong support at 500 sats with .236 fib level and vpvr showing highest volume at these same levels. Volume decreasing & price is falling = bullish Buy support and sell resistance at .382 fib level for a 50% gain