In trading, "Dead Cat Bounce" refers to a temporary recovery that occurs after a sharp price decline that is usually followed by a downward trend. It can be defined as the chart phenomenon that occurs during a bearish movement.
Basically, it is an expected correction on a brutal fall in prices. In the market jargon, it is a trap for the bull traders.
Bulls, Stay Alert!
Ether in December 2020 implemented P.O.S. technology.
This is the part of the fundamental analysis that I think is most interesting regarding the possible increase in the value of ETH in the future.
Essentially, each node will have to freeze 32 ETH for at least 2 years to receive a portion of the transaction validation fees (staking) and to collect both the...
A nice triangle has formed on a project that promises to be: "The Bridge Between Crypto & Stock Market."
This triangle could make for a nice rush fairly quickly.
Being a very young project the risks multiply... but so do the possible rewards.
Trade with caution !
Below the main features of the token 10set and smart contract are:
via the RFI...
Ada seems to want to form a pattern that also appears in other Altcoins.
Waiting for the confirmation of the take-off line may be the best strategy to enter the possible rush.
For now you can also settle for the pattern I have drawn or try your luck with some more risk.
In any case, the choice how taking action with your money is up to you... because my opinion...
The falling wedge is a bullish pattern that starts wide at the top and contracts as prices move lower and Three soldiers is a bullish candlestick pattern that is used to predict the reversal of the current downtrend in a price chart. So we have a double check for a possible nice trade!
Target > the old all-time high.
☘️ The Best of Luck ☘️
An ascending channel is the price action contained between upward sloping parallel lines.
Higher highs and higher lows characterize this price pattern.
Ascending channels show a clearly defined upward trend.
In this case the upper trend lines start from as far back as 1980 where price peaks were recorded, but only in the last fifteen years has the price drawn...
After 12 months we can now draw a Rounding bottom pattern and, in all likelihood, we can expect it to be close to completion.
Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements.
So to follow this turnaround pattern could be a good trade.
Best of Luck.
A big symmetrical triangle with a big divergence is on the way to breakout. The focal point is at 10.000 EUR. Stay alert, if the price breakout the take-off line and the volume will rise, you have a big opportunity to realize a big trade. Good luck!
Day View for my Related Idea >
Potential Head and Shoulders reversal formation... I'm waiting for the right shoulder for confirm the pattern and enjoy it ;D!
If you want take a little risk buy now and put a Stop Loss under the Head... you have a lot of chanche to win a big trade in the next months (possible Target 300 EUR).
an inverted head and shoulders formation seems to appear on the horizon of Litcoin...
I'm waiting the right shoulder formation for confirm the pattern and enjoy the possible rodeo in the next months;D
Potential Head and Shoulders reversal formation... I'm waiting for the right shoulder for confirm the pattern and enjoy it ;D! If you want take a little risk buy now and put a Stop Loss under the Head... you have a lot of chanche to win a big trade in the next months (possible Target 300 EUR).