Welcome all time highs. Well chart speaks for itself. I was slow in posting this one- kinda hard to post and trade at same time lol.. Almost forgot about this one. Target is 161. Price about $1770..Simpel easy- Get paid! Again the price can go higher, but expect some CLEAR pullbacks/ consolidation at the mark above.
This may be a quick and easy trade. Was eyeing it overnight. Git in early at bell opening. I see a very teeny tiny bullish harmonic leading us to the rally point of 1.50! Could go higher, but this is a good Take profit Zone for me Exercise caution and set your own trading goals! CHEERS!
Posting this as a cautionary notice on DOGE. The pattern forming right now is extremely bearish and caution should be used. There is a chance this could retrace, but even if it does- the pattern is bearish . I have provided 3 different options here. 2 of them are only valid with a bounce from current point. A bounce may signal better days ahead, but the pattern...
Just going over some older charts.. Previous prelim LTCUSD chart was an early call. I had Take Profits zones of 1 ,2 and 3. Updating this a bit. Seems Take profit 1 & 2 level have been reached. Due to this new pattern known as a classic "Gartley" LTCUSD may go higher! I have a conservative take profit marked. Gartley's are known to do wonderful things-...
Bitcoin taking a turn back down- washing out long holders.. may be possible to get the bullish bounce back to the target listed in previous BOUNCE chart.
Appears to be a strong bounce coming in at 30K. For the faint at heart dont even bother getting in, this is going to be a fast move up I feel. If not- more downside, but I think this could be the intermediate bottom.. there is more downside to come, but we have to relax a bit with upside. Should see a 24% increase from 30K. Cheers! This is a high risk trade- so...
Update to the Gartley chart.. This pattern appears to have formed due to additional downside - initially thought to be a Gartley but additional downside has rendered the Bullish Cypher pattern.. so expect some mild upward momentum to the upside. One thing about trading harmonics is they are very fluid and so the smaller patterns can sometimes render to the...
The initial Buy Box is right now, but this will shake out I think for a double bottom to surge back up- so possible 2 opportunities. Takes gains early on 1st move up maybe? This is an overall small 9-10% gain (very meager)- may not even be worth the trade for many, but if plays out a decent mid-scalp setup. There are some possible resistance and snag points to...
Bitcoin showing some strong weaker moves to downside. The upside gain was interrupted by the lost motion of the top (diagonal lines). These hidden resistances appear to have very strong influence on price momentum. Bitcoin needs some very strong volume to recover at this stage. I think price will continue to broaden out- sideways- as it continues to hit resistance...
Appears to be a small bullish crab pattern forming around here... If it stays up- we get higher BTC. Depending on where price bounces it could meet the target or go much higher. Not sure how much longer this goes, but BTC continues to take bullish side of the patterns. These type of patterns are designed to shake out weak hands.. and continue upside. Be careful. ...
Previous chart had target at 1320- but new pattern may squeak out a bit more to 1420, but you will have to watch this. The momentum is upward, but slow and weak and could possibly reverse under strong resistance. There is a possible resistance rejection point to watch out for. The 1420 move is icing on the cake. Would need to wait for the target (or resistance)...
This is an update to earlier chart of the day. The pullback may be a bit more severe than thought... as embedded pattern has been seen. This means a possible larger pattern has now been formed over the earlier smaller pattern- resulting in more dramatic fall before a bounce. However I am including possible failure points in this as well... if BTC fails the high...
Should have posted this earlier.. my bad! Im enjoying gains on this since 15 cent. XLM def set for 100% gains from 15 cent as it makes its way up! Chart speaks for itself. Re-examine trade around 34 cents.
Looks like BTCUSD is showing extremely bullish signs at this time. The bears didnt last long it seems. The earlier volatility lead to a bullish crab forming and now we are up trending into a bullish butterfly which may assist to kick start things upwards- if price can get above 34k. Not shown in this image but there are 2 major formations the bullish crab and a...
Having some fun with this trade.. As soon as I posted the other one the price marked down- not totally unexpected (shakeouts occur).. so lets follow this one through with some details for giggles! Target still in play. TA exercise.. using a 5 wave Elliot Wave on this taking us to the Gann line target.
Not much to say here.. Bullish Cypher Pattern I am expecting a stop around 1315-1320 mark. Possible to pull back to 161 but Ill hold long here. Short easy trade! Get ya profits. I got in earlier around 960 so a pull back doesnt hurt, but think we may go higher. Will re-explore after target.
Finally "a top" reached in Bitcoin? ... for the pullback. This may be setting up on downside, but possible bullish harmonic could be formed as a result as it finalized the Grand Harmonic that just finished. We have a bearish butterfly embedded within a bearish crab.. so BTC is really going to need to work to get out of this. Will continue to monitor- feeling...
I been holding this chart for awhile. Those who follow me understand I use Harmonics and other tools for my trading guide. right now it seems the Grand BTC Carb Harmonic has completed - (and if so then) we will see a pretty big pullback from here before any rebound comes back. I have taken liberty to liquidate all BTC for significant profits (hand claps :)) . I...