Good morning/afternoon/evening traders, Another boring week for the BTC/USD price! Now, the BTC1! price has formally dropped below the purple box and may potentially fall below the lower boundary of the rising channel. This could be a sign of a further correction as we have discussed in the last two weeks. The price movement in the next week will be extremely...
Hello traders, I rushed a bit and didn't express the idea precisely. Here is the updated chart. The three rising valleys has been completed before so the falling wedge is the only pattern to pay attention to. The following facts still hold: 1. Triple bullish divergence . 2. Forming a falling wedge as a continuous pattern of a bullish trend . 3. This chart is...
Good morning/afternoon/evening traders, FUYAO Glass has flipped the long-term resistance into a solid support level. This one could give us an EXTREMELY lucrative trading opportunity based on the following facts: 1. Triple bullish divergence. 2. Forming a falling wedge as a continuous pattern of a bullish trend. 3. Three rising valleys that might give ~76%...
Good morning/afternoon/evening traders, What a wild week in the crypto market! Several crypto assets had formed bullish signs but failed to play out because the volatility came back to the Bitcoin price. Hope everyone plays safe and executes your stop/loss properly. And congratulations on those who caught up some top movers in the market, such as COMPUSD etc....
Good evening/afternoon/morning traders, Bullish engulfing candle and potential MACD hidden bullish divergence were observed on the daily chart. Another wave up to the upper boundary/resistance soon? Please leave the comment and like if you're interested in this idea. Will keep updating. HakoneDream
Good morning/evening traders, In my last trading idea, "KNCUSD JUST BROKE OUT", I pointed out that the alignment of the upside breakout from a symmetrical triangle and the triple hidden bullish divergence should give this beast a new rally. Unfortunately, the profit was only 10% and the weakened momentum brought the price down to my stop loss target. However,...
There is not doubt that the KNC/USD pair has been the top mover in the market recently. It seems that it's going to have another leg up again very soon: 1. A candle just broke out in a symmetrical triangle in the 4 hourly chart. 2. Triple hidden bullish divergence in RSI. 3. No real resistance based on the chart in Coinbase. The 100% measured move is at 1.5573...
Good morning/evening traders, Euro/USD is showing a lucrative trading opportunity now from macro. Let's forget the small patterns or moves of indicators in short periods and just zoom out. This trading pair has been oscillating in a giant channel for almost 5 decades and forming HH and HL. And now, she finally touched the lower bound of the channel and was...
Good evening/morning traders and OXT fans, OXTUSD is forming an interesting pattern and might give us some profits. Please see the following key points on the 4 hourly chart: 1. Forming classic RSI and MACD bullish divergence for the 1st and 2nd low. 2. The 3rd low is a higher low: proving that the bullish divergence could be real for a trend reversal. The...
Good morning traders, Hope everyone has stayed safe and enjoyed the Friday/Saturday night! Since the Bitcoin price has held pretty well in this week, the market of small-cap shit coins was still highly tradable. However, we should face the reality eventually and ask the most essential question: when will the king of crypto, Bitcoin , decide to move either up or...