The altcoin bloodbath continues. With that being said, here's a potential great way to find yourself upon 1300% returns in the next couple of months.
Orr completely broken.
Bullish divergence in the weekly and I expect the latest flag to pop in the coming weeks.
Because it never, ever, ever, ever, ever, ever, ever, ever, ever does anything!
Here's some stuff on a chart that doesn't mean anything because XVG just goes:
--> / -- \ --> / -- \ --> / -- \ -->/\
Since we're on a \ , you can expect either a -- or a / , but not a...
Rough guesstimate of a timeline. Lot of talk about Bullishness, lot of fear about a pullback, it's possible we just linger for a while and then shoot vertical more like 2020 to 2021. But then again this doesn't necessarily mean anything. It's bitcoin. Rewrite the books.
Following the very impulsive move this weekend, TNB has reached the trend line and is due for either a further correction (which i still expect) or a brief bounce where it may be possible for a safe 10% gain (moreso what I'm thinking).
Time will tell, chart for my use and not for financial advise!
Just a quick short term trade, no fibs used, no EMA, simple trend lines in the 2 hour.
Red lines - resistance
Green Lines - Support
Wider the line, stronger the support/resistance.
Chart consists of 2 weeks worth of moves. Do not use as advice. I'm using this to monitor for an expected breakout between now and April 25th.
As you can see in the chart, we've got a few bounces on the 150 EMA, including a drop below and immediate surge when crossing back over.
With that being said we have a support line turned resistance that may have been found (red line) - This may become a short term target line but ultimately I do not expect it to hold long.
We've also got a bit of a wedge being...
This will be my first BTC chart posted. I've been reading a lot of happy happy thoughts on BTC, and although it's logical and happy and rainbows...I don't think we've reached bottom. I'd LOVE to say we have, but here's why i think we haven't.
1) In the monthly descending, we can see a very clear bearish divergence in play
2) EMA annual shows a cloud that may be...
Looking like a very strong impulse Wave 1 just transpired with the textbook parabolic 5th wave. Based on the timeframes in play, i would expect a rough sketch of what is in the chart to transpire with the relatively flat ABC correction Wave 2 taking place before a potentially very profitable Wave 3. Aggressively looking at 50-70%.
Stochastic has never sat in the gutter this long. RSI approaching oversold. ABC retrace near complete from previous impulse. I'm expecting an overnight wick to set this one off. Then again it may just do the same thing it did last spring and decide it's not one for multiple impulse waves and retrace to the depths of HELL!!
Couple of things going on with this one. There definitely has been a channel working for sometime now on the 1D chart. You can see that channel in the parallel red lines. I also drew up a possible second channel in bright green lines. If it leaves said red channel for said green channel I think we may see said cup formation begin to take shape. I may have...
I really like the charting of this coin. Perfect waves. If you follow this coin using today as a starting point and reverse chart it, you can see all of the impulses very clearly. I see a decision on this one coming by March 10th, coincidental with MANY of the alts in the market right now (something tells me that's either a very good or a very bad thing, but we...
I've read some commenters who feel we are in a channel and they've been profiting on it. I say kudos to you as this "channel" is most decidedly a converging triangle.
BTC making some moves this week, where they lead to nobody knows yet, BUT, we will likely determine the lifeline of STORM in the next couple of weeks (maybe sooner)
The two scenarios played out...
One week ago it was joy in the streets of Tron, and now the sentiment has gotten a bit bloodier (It has been worse!!)
I see two potential opportunities nearing us with an opportunity to accumulate some profits in the meantime.
Both trades are laid out on the chart. I will continue to monitor for accuracy.
Please, Please, Please - Do not use this chart for...
Chart speaks for itself of the impending (hopefully final) doom for Tron. Catch you back early morning tomorrow with a reversal hopefully? Seems soon but when Tron finally acts, it acts.
In the meantime, since I'm not always right, if you see TRX hit above 465, I would consider that a buy (actually 461, but trying to be cautious)
Good luck, don't use as your...
So, I've learned a ton over the past 3 months while reading all of the great, average, awful, and everything else in between charts that have been posted here on Tradeview. Despite this knowledge crunch I am still an amateur with ideas that sometimes work and sometimes do not. My last was pretty ON POINT tho. Targets were a bit off, but I SAID I'M NEW TO...
This is the second chart I've sloppily entered into the world of TV. I'm a rookie so please don't make trades off of my "analysis". :-)
On to the meat and potatoes or potentially the table scraps. There is a potential WXYXZ formation brewing with TRX which can be very profitable once the pattern is complete. It can also do what TRX does best and face plant...