Cousin_Fat_Fat

Cousin_Fat_Fat

BINANCE:BTCUSDT Which way will it break? Nobody knows... But for now, I lean bearish.

Cousin_Fat_Fat Updated 

Anotha One..... (DJ Khaled Voice) Quest Diagnostics confirmed Bump & Run Reversal Bottom, my favorite pattern. The typical drop of 17-24% brings price to the 0.5 / 0.618 fib level. Weekly MACD bearish cross confirming the move. Target Area = $115 - $123

Cousin_Fat_Fat Updated 

Disco Arcs for Bitcoin... The real question is - Will 30k hold?

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ADA just put in and retested the trendline of a Bump & Run Reversal Bottom Pattern. thepatternsite.com This is the best performing chart pattern one can find, according to the Encyclopedia of chart patterns by Thomas Bulkowski. Per the Encyclopedia of Chart Patterns: Price tends to rise 17% - 24%, with a breakeven failure rate of just 9% when this pattern...

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Considering the pattern that has emerged on the hourly, and how it behaves on downward breakouts, I think another leg down to the 36K range is in the cards. Broadening Right Angled-Descending Formations typically breakout in the height of the formation. The height of the formation is around ~3200 USD. A downward breakout from the lower trendline would bring BTC...

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AMEX:XLK Looking at the XLK chart, more downside appears likely. The market regime is changing, and a rotation out of growth into value/defensive is in full swing. XLK is showing Bearish divergence on the MACD & RSI , plus confirmation of the 9EMA is crossing under the 20EMA. Typically, breakdowns out of this kind of chart pattern usually fall about...

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Two bearish patterns... Both target same price range... Approximately $34-36K Textbook H&S Decline = 16% Textbook Bump & Run Reversal Top Decline = 17-24%

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Playing a run up the Arc on Solana hourly chart. Ultra tight stop loss at $171. Taking Profits at 0.5 , 0.618, and 0.786 Fib levels. $186, $190, and $196

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BTC to retrace the down move to climb to $49,300 area. (0.5 Fib Level) BTC broke downtrend, retested downtrend, and is now putting in an Ascending Scallop Pattern on the 15m chart. Long Trade @ $47,630 Stop Loss = $47,300 Take Profit = $49,100

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Looking at ABNB, for a low risk short entry. Stop-Loss = Daily candle close above 50EMA. Targeting - $151 area. (sub - $142 area = Greedy Target) Keeping an eye on Fisher Transform & RSI to stay below previous pivot highs. Also looking at MACD for a bearish cross for confirmation.

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BTC formed 3 Rising Valleys Chart Pattern. Expecting a move to the final Gann Level @ approximately $53,400 Stop Loss set @ $50,700 Take Profit @ $53,250