triangle consolidation ending + bullish kumo breakout. quite the measured move if this does play out. might be fantasyland but trade setup is clear. probably get a split on this if we do breakout >$1,000. gotta hope SMCI doesnt issue/sell more shares like they did earlier this year. entry: accumulate when confident, add on breakout, add on bullish kumo...
iHS + daily kumo breakout Kumo still bearish TK Cross still bearish entry: accumulate when confident, add on breakout, add on neckline exit: 1.618 + measured move = 79-84 stop loss: <R Shoulder, below daily Cloud = <69 NFA
new high at $5 zone after 365 day consolidation cloud fully bullish ascending triangle U bottom entry: here and/or WF HH and/or DCA and/or below horizontal resistance exit: 10-13 SL: <3.50, below cloud
bullish kumo breakout after 125 day consolidation mid point of PF held triangle thing triple bottom scoopy thing (iHS) entry: here and/or WF HH and/or DCA and/or blue PF midpoint exit: 33-40 SL: <15, below Cloud
Sustained trend strength since March with an ascending triangle consolidation.
I certainly like this consolidation and chart pattern much more than the company itself but 24/7 trading may help the outlook of what's going on here. Another perceived tailwind may be declining CPI --> more money for retail to spend trading, even though we all know overall USD purchasing power continues to decline regardless of YoY CPI decreases. Previously,...
iHS + daily Cloud E2E attempt entry: accumulate when confident, add on breakout, add on neckline exit: 1.618 + measured move stop loss: <R Shoulder NFA
Back above the daily Cloud for COIN with a successful Falling Wedge breakout. Recent US regulatory clarity on ETH ETFs also positive news as COIN will be the custodian.
Bullish Kumo Breakout w/bullish TK cross after a multi-year down trend. Bullish Kumo twist likely to follow over the next few days.
iHS + 8h Cloud breakout Bonus: also had an A&E in the R shoulder entry: accumulate when confident, add on breakout, add on neckline exit: 1.618 + measured move stop loss: <R Shoulder NFA
Consolidation range suggestive of ascending triangle or abstract inverted head and shoulders entry: accum when confident, add on breakout exit: 1.618 + measured move 711-771 stop loss: support breach 560 NFA
Multi-shouldered Multi-headed inverted head & shoulders with a bullish daily Cloud entry: accum when confident, add on breakout exit: 1.618 + measured move $11.80-12.69 stop loss: <R Shoulder $9.00 NFA
Low timeframe iH&S has formed since the previous earnings entry: accum when confident, add on breakout exit: 1.618 + measured move 178-187 stop loss: <R Shoulder 154 NFA
iHS + 8h Cloud breakout, further confirmation on bullish kumo twist entry: accumulate when confident, add on breakout exit: 1.618 + measured move $0.20-0.23 stop loss: <R Shoulder $0.15 NFA
ETH bull market resistance levels to watch throughout 2025 and 2026.
- iHS breakout continues - chart pattern & yearly pivots point to $200 - weekly bullish kumo twist soon
- iHS pointing to FWB:30S - Cloud E2E point to $40s - yearly pivot res @ $25 & $46
Coinbase has had a wild ride following the deleveraging of the entire crypto industry as well as the flight retail investors in 2022. The COIN IPO was essentially the current ATH for the crypto market. Over the past several months, price has ranged and consolidated in a potential inverted head and shoulders pattern. Hallmarks of the pattern include an extreme...