AGI looking for a 50% retrace after going 157% from bottom in 4 months?
50% fibo is also bottom of Ichimoku cloud and bottom of this bullish pitchfork, dropping the 38.2% will meet the 50% fibo and bottom of cloud, it will bounce for sure, but will this be the reversal point?
61.8% fibo is the bottom of this channel AGI is in...
Whenever it goes there's already...
WAVES have couple patterns playing and we need to see which one will play although we're inclined for continuation of uptrend.
There's a big symmetrical triangle which is main one and we did ABCDE completion inside, now we should have a leg up to 13278 SATS (not so fast)!
This symmetrical triangle is crossing with a descending triangle thus we need to be careful...
GVT (Genesis Vision) inside a bearish pitchfork and a huge triangle, playing now this bear flag until bottom of bigger triangle or little further down...
Meanwhile there's profit to be made on a bear flag :) Leg D > E, short E or 0.618 fib and long bottom (rectangular box).
QLC Chain have here a perfect setup for 8 - 20% potential on 1h TF
- Adam & Eve bottom
- Bullish Pennant
- Hidden Bullish Divergence Inside Bullish Pennant
QLC is consolidating above 0.5 channel of pitchfork inside a pennant, flirting with 0.382 fibo and eager to go up with all this structures.
XLMBTC Stellar gave us entry at exactly 2745 sats coming to point D and completion of this pattern, tho it kept falling, maybe due to delay of testnet to 27 Feb. The pattern is still very valid and only becomes invalid once we fall from point X, marked as stop-loss around 2100 sats.
There's also big bullish divergence since September 2017, so we could be playing...
XLMUSD STellar so reversal or point D could be anywhere between top and bottom blue lines. The only thing I can say now is that if this isn't the reversal, we are so F****** close!
TP (Take Profit) are point A & B #long
The previous Butterfly is correct somehow and could have played, but there was still space to fall and we did fall. Most of all I'm not sure...
- RSI bullish hidden divergence on all TF's
- Double bottom (bottom)
- Previous fib algo target reached, now moving up
- Perfect pitchfork
- Broke this little wedge / flag or trying
- Inside bearish pitchfork near top channel (last resistance of pitchfork) - here you have your first take profit zone - bottom box - 0.382 fib.
How you could trade...
DLT the tittle says it all, those setups that is worth to see develop!
There's hidden bullish divergence on RSI.
Making another higher low and consequently (if doesn't break up) another lower high on PA (Price Action), should mark another lower low on RSI for confirmation of the bullish hidden divergence (3rd point) - continuation of uptrend.
LINK/BTC has come to completion of the bearish Butterfly pattern after 472 days, now we are on the move to targets, respectively green bookmarked lines on chart.
It doesn't mean won't swing, it just means we are going to first target without making new highs again, don't be a believer! #short
There's also some bearish divergence and bearish hidden divergence on...
ZEN is inside a falling wedge, though it doesn't invalidate this trade as I think this is the reversal for a start of uptrend, low circulation supply and low cap how it is I wouldn't be surprised to see it fly. The 200 EMA is above our final target.
Long waited to see ZEN reach this box and good news is the hidden bullish divergence on the daily chart.
We never met the the negative 0.236 which is an algo target of this fib and as predicted we bounced from 77, although still inside a falling wedge and the big triangle trend line, we didn't want to play that.
On the daily and big picture we have a big ass hidden bullish divergence but right now playing a bearish hidden divergence that will take RSI down to touch...
QLC has been doing great moves and from bottom we've been playing this moves, very predictable chart and very good profits indeed.
Our short to mid term targets are definitely 1080-1099 range, as that's the top of pitchfork and the high of this downside move. On 4h we have a flag and consolidating for another leg up which may take us to those targets.
BTC will attempt this pattern as the fib 0.618 was broken and this midean line of pitchfork should be too.
Price should meet that box and beside harmonic pattern conclusion, confluence, we also have EMA 200 on weekly (purple horizontal line) as support, we may attempt a double bottom.
Target are green horizontal lines for this break down until conclusion of...