Everything is a cycle. Buy in the storm, sell in the sunshine. Or never sell.
Take notice that AMP Token made it's first crossover on the MACD and first green bar since the beginning of the crypto crash. This could mean a possible reversal of trend.
It looks like Bitcoin is going to fall back into the wedge. PT 10,000
With all the major partnerships that the FLEXA Network has in place including the most recent with Chipotle enabling crypto payments powered by Flexa's AMP TOKEN, the current downtrend might be turning the corner as the crypto bust subsides.
Breakdown of lower wedge. To me this is an advance indication of Bitcoins trajectory.
There are falling wedges everywhere and this setup in Ethereum is a trade I am ALL IN on. Price right on the lower wedge of this massive bullish falling wedge.
I don't know much about Bitcoin or Crypto but I do know patterns which is what I trade by. What I see here is one gigantic bullish falling wedge pattern that is about to come to the fork in the road and surge higher.
Anyone's guess but this just looks like a double bottom about to surge. MACD is confirming also.
Falling wedge within a broadening wedge. I see a breakout of this massive wedge happening soon.
Who knows what happens to equities when ZN breaks down from a rising wedge? Another clue we are at the bottom of the market.
If the VIX begins to rain, which direction do you think that will move the equity markets?
I know a lot of traders who are in the SQQQ banking on the idea that its on its way to retrace it's gigantic historical prices. I trade by patterns. Sometimes they work, sometimes they fail, for me they succeed more times than fail. What I see in the SQQQ is a rising wedge pattern. Rewind the clock 20 years ago and I would be chasing this breakout with the rest of...
There's a lot of bullish wedges out there. Mana is at the fork in the road. I believe this is ready to break out and move higher.
Amazon patterns next level of resistance appears to be 2800
Falling wedge fork in the road MACD Cross over Bitcoin moving higher will likely be a tailwind to push this higher
All I have to say is get out of the way. The bull is furious and about to rage.
I was a bear until I noticed the MACD crossover. This wedge typically ends in a free fall, however the time it has taken to happen is longer than what I believe should be. A fork in the road and MACD is my clue to take a long position here.
I rarely play the bounce unless the parameters meet the following: Double bottom on down trending support line Opinion: SPY Short term buy signal