Michael_KM

Michael_KM

Explained in the chart ETH has a steroids advantage over BTC

Michael_KM

$IOTA has formed a lovely bottoming pattern - Inverse Head and Shoulders We also produced a nice close above $0.49 This chart is bullish. Next target is around $0.937 I'd be happy to buy spot on this breakout, some may decide to wait for a retest of $0.49. Either way we ae making our way to $0.937 and once that level is broken, $2.32 is next.

Michael_KM

This idea is simple. Can you see what I see? Bitcoin Cash is breaking and looks to close beyond its previous high of around $475. This chart looks very similar to what we have witnessed so far in the Ethereum cycle and the Wallstreet Cheat sheet guide. I am a buyer here of BCH from a technical perspective. Things could get very parabolic soon. Bare in mind that...

Michael_KM

Despite all of the news & FUD surrounding XRP, I am very bullish here. XRP has formed what I define as the initial stages of an uptrend. Starting point, Initial Structure High, Outside Return 1, New Structure High. Outside return 2 pulled back deep into the green support/consolidation zone. It is likely that Outside return 2 took out the stops that traders...

Michael_KM

I dont post often. However, we are about to form a New Structure High on the BTC weekly charts. Dips are a God send - Beg for them. This market is bullish #BTC #Bitcoin

Michael_KM

Price has fallen to an important level (4020 sats) where I am expecting an impulsive bounce. Here we have: previous support, fib confluence, a harmonic ab=cd move and bullish divergence on RSI. Long term I am bullish XRP !!!

Michael_KM

Bitcoin remains overall very bullish and should be on its way to $9600. Price has pulled back and found support at $8425 We could move harmonically, with an AB=CD move pushing us to $9600. Price only formed a 38.2% retracement (from b to c) which tells me that the next move should meet the extended 1.618 fib. Looking back this level lines perfectly to...

Michael_KM

Hi Traders, this pair is currently bullish as shown on the daily. Dropping down to the 4hr timeframe, I have identified an interesting area of support. This support zone is backed by fib confluence and a potential ABCD completion. If I get the right entry reasons, this presents an opportunity to go long. Besides that, we have a bat pattern completing within...

Michael_KM

Hello traders, Price is currently at support on this pair with RSI over sold on the first test. If we can put in a double bottom with bearish divergence, this provides a buying opportunity. Stops and Targets are shown. My targets are dynamic and based off fibonacci.

Michael_KM

Hello Traders, Based on my technical scoring, we have a valid buying opportunity on the GBPUSD in line with the bullish trend (Daily). We are sitting on a daily structure level, with strong fibonacci confluence. RSI was oversold on our initial test Looking for entries on my lower time frame, in the form of a double bottom with RSI divergence. Stops are based...

Michael_KM

Hello traders, If price pulls down further into the price zone bellow 117.04s it may present an opportunity to go long. We have previous structure around this level A strong cluster of Fibonacci levels and an AB=CD harmonic move. For entry I require a a double bottom with confluence of RSI divergence and RSI oversold conditions which I look for on the 4hr...

Michael_KM

Hello Traders, We have a potential Bat pattern completing at 1.3301 This acts as a continuation of the bullish trend. The pattern completes at previous resistance that can now serve as support. Target 1 1.3410 Target 2 1.3479 SL 1.3222 Have a good week

Michael_KM

Hello Traders, As stated in on the chart, I am currently going through another period of testing. This takes up most of my free time. However give Sharif_KM a follow for good ideas . @Michael_KM @Sharif_KM

Michael_KM

Hello traders, I haven't posted in a a while, however we have long opportunity on the AUDUSD @Market This pattern completed @0.7640 and should serve as a trend continuation opportunity. RSI is also currently dancing around the OS region. Target 1 @ 0.7675 Target 2 @ 0.7698 Feel free to follow, like, share and comment www.instagram.com

Michael_KM

Hello Traders, We are close to completing this gartley pattern @ 1.1246 This B point pulled deep into the 61.8% retracement but did not touch the 78.6% so remains valid. Target 1 @ 1.1292 Target 2 @ 1.1321 SL @ 1.1221 This provides us with a good risk to reward ratio. Feel free to follow, like, share and comment. www.instagram.com

Michael_KM

Hello Traders, On USDJPY we have two potential bat patterns (1H) presenting shorting opportunities in a bearish market (1D) One is currently very close to completing (deep blue) The Deep Blue Bat completes @ 100.98 around a level of resistance. Target 1 @ 100.45 Target 2 @ 100.13 SL @ 101.38 Our Second bat (Red) completes @ 101.97 Target 1 @ 101.04 Target 2...

Michael_KM

Hello Traders, We have a potential Cypher pattern on this pair. This completes @ 1.3108 Target 1 @ 1.3017 Target 2 @ 1.2959 SL @ 1.3215 Feel free to follow like, share and comment

Michael_KM

Hello Traders, We also have a bullish Cypher, completion @ 0.7141 Target 1 @ 0.7215 Target 2 @ 0.7262 SL 0.7064 Feel free to follow, like, comment and share www.instagram.com