My 4 hour call was off but I was looking at this daily chart and I just realized that ARK showed a Bullish Engulfing Candlestick Pattern - which is a signal for trend reversal. After a downtrend, it should look to recover. Currently, it's following these Elliot Waves and this Fibonacci Retracement. Needs to break 48k sats to confirm wave 3. I believe this last...
Okay, I've been posting a lot about NAV - but for a good reason, I promise! I've just learned about Elliot Waves and I wanted to share this idea. I think this is the correction wave but I'm not certain. If anybody reading this knows their Elliot Waves, then I'd love some feedback as to whether this wave analysis is correct. Feedback much appreciated!
Vertcoin in downtrend; however, this morning star pattern just showed up. Potential reversal! Bought a position at 53450. Looking to sell at 56k and stop loss is 52k. DISCLAIMER: I'm relatively new at TA and I appreciate any and all feedback/comments/criticisms! Hope my insight helps someone out there :)
Saw this pattern on Litecoin. Watch for break of the support/resistance lines. Whichever way it breaks it should follow through to next support/resistance. DISCLAIMER: I'm relatively new at TA and I appreciate any and all feedback/comments/criticisms! Hope my insight helps someone out there :)
Ark was on a downtrend; however, these last two candles are looking to form a Bullish Engulfing Pattern. (If it doesn't engulf, then it'll at least form a Bullish Piercing Pattern) Anyways, if you don't know what this means - it means a potential trend reversal. Waiting for candle to close for confirmation then will look to buy in. If I make this trade, will...
Today marks the 6th candle of the equilibrium pattern. I bought a position at 2600 satoshis and looking to exit at 3000 satoshis. Watch for a break of the support/resistance levels. Expecting this pattern to break bullish since the RSI levels were so low recently. Good luck everyone! DISCLAIMER: I'm relatively new at TA and I appreciate any and all...
Just entered a position on Melon at 815,000 satoshis. Recently touched oversold RSI levels and is in consolidation mode. Watch for break of these resist/support levels for an idea of where the trend will go. (If it breaks up, then should go upwards - if it breaks down, then should go downwards) I am playing looking to exit this at 99k satoshis. Good luck everyone! :D
Noticed this ascending Triangle on Factom. Will look to hold until it breaks pattern. If breaks support line, will sell. If breaks resistance, will look to sell at 24400 sats.
Watch this weekly time frame for the break of this equilibrium pattern. If it can close above the last lower high, then I'm expecting some big moves to the upside. DISCLAIMER: I'm relatively new at TA and I appreciate any and all feedback/comments/criticisms! Hope my insight helps someone out there :)
Hello, I've posted a similar idea on another post. Chart is still trading within the patterns discussed. If all works out accordingly, should start see the patterns break within 2 weeks. P.S.: Recommend checking out my analysis on NAVUSD 'End of the Rope for the Bears' DISCLAIMER: I'm relatively new at TA and I appreciate any and all...
Saw this bearish signal on BTC and thought I'd share. Withdrew my alt-coin positions and am waiting for new low.
NAVcoin is currently trading within both a bullish pennant AND falling wedge pattern. YELLOW figure = bullish pennant RED figure = falling wedge I am watching for these patterns to break upward which will cause a large spike in price. Also, if it does break out - there is plenty of room to move on both the RSI indicator. The MACD lines are currently signalling a...
short term gains to be had i think
Saw this morning star pattern on the 30min timeframe. I think downtrend on NAV is donezos. Good time to enter DISCLAIMER: I'm a noob so i welcome any comments/feedback/criticism. thanks for reading :D
I just bought a position into SYS at 2750 bc i saw massive oversold conditions + if these 15min candles finish this is a pattern known as three white soldiers DISCLAIMER: I'm a noob trader and i just started 6 months ago and started learning TA 3 months ago. feedback/comments/criticsm much welcome :)
Yesterday, Syscoin broke its 4x inside bars and ascending triangle upwards with its green candle. It reached a peak of 3.8k satoshis and has pulled back a decent amount. Despite the pullback, I believe there is still plenty of room for upside. I have just bought a position at 3.4k satoshis and am looking to scale out my position at 4k -> 4.5k DISCLAIMER: I...
It looks like BAT is currently trading within a bullish pennant pattern. Yesterday, it broke out but it wasn't able to hold. However, I am still optimistic on BAT because there was very WEAK volume on red candles. It was able to hold its support from the bottom of the pennant. I entered into a position at 2120 satoshis. May find some resistance at...
NAVcoin is currently trading within this bullish pennant. Today, within the pennant, it broke a bull flag which caused it to rise 20% in value. I am watching for the candles to break the pennant upwards to cause a spike in price. I have entered into a position at $0.75 and am looking to scale out my position at $1.00, $1.15, and $1.25. TLDR; I am very bullish...