Crypto_Student_

Crypto_Student_

Hello everyone! I'm starting my tutorial on Technical Analysis patterns! Today I'm going to tell you about a reversal pattern called Head and Shoulders. You can often see Head and Shoulders after an ascending trend. The pattern looks like 3 consequent tops. The middle one (Head) is the highest and two others (Shoulders) are lower than the Head and are roughly on...

Crypto_Student_

Now, after we've formed the triangle on the global time frame, we're drawing a descending wedge and rebound from the support. This is a really good setup for scalping. Takes and the stop are on the graph, plus, here are two additional takes in the case of a breakout on this triangle. Pay attention that SXP500 is about to break the support, so it's predictable that...

Crypto_Student_

I never thought that XRP could move by more than a couple of percent, but as they say, a stick shoots once a year😅 There are a couple of interesting points to this that speak for the growth of the asset price: 1️⃣ The coin forms the "Cup with handle" pattern. Everything is almost perfect: the correction is exactly 0.5 Fibo, the current downtrend channel acts as a...

Crypto_Student_

Hello everyone, friends! As I said yesterday, I expect further growth in the dollar, which, in principle, we got. Now we are trading at the key resistance level: the 0.382 Fib level and global resistance. If we look globally, we have: 1) Made 2 bottom, pushed off. 2) A rectangle formation was formed from the bottom (in fact, flat, in fact, accumulation). It works...

Crypto_Student_

Friends, I have not looked at the dollar chart for a long time, I think it’s worth fixing! I write a review based only on technical analysis, so do not judge strictly. In general, for me the picture looks bullish, I will explain why: 1️⃣ broke through the downtrend, thereby the falling wedge 2️⃣ closer to global support at 67.2 rubles 3️⃣ a potential double...