How about a coffee and some biscotti? Expensive light roasted coffee from the region of Tezos will double in price to $3.
Price hit the low and an orderblock, from here, I have no idea how high it'll go - I don't care either, this chart is just for bragging rights to say "look how right I was in my TA" when there is no TA at all.
What a beauty, so obvious, let's see if the pattern properly completes, madness ensues if true.
Focus on the green areas. Break of the orange parabola and longer term trendline takes price to lower inefficient prices . This idea is a perma-bull idea considering the longer term, the green areas are generally prices which are desirable for bounces/accumulation.
Two orders here: first TP at 1.15, second TP at 1.244. Stop loss can be tight @ 1.022 or wide @ 1.013. Good luck.
Really, this was the bottom, $670 billion left the market.
S Curve is about to be born.
en.wikipedia.org The less you know about this, the better really. You'll have to come back to this idea in a decade to find out what really happened. I hope to be wrong so I can learn from the movements to improve this system. Each line, green, orange and blue, are fibonacci tools using the powers of 2, I've hidden where I've placed them and how I've used them....
The chart should speak for itself. Price goes to liquidity. Failure Scenario? Patterns breaks structure. Stop below structure and patience.
May 2020 Halving TA: Power of Two Orderblocks Orderflow BTC is a risky asset, it can go to $0. This is not investment advice.
All the info is on the chart, it was made inverted so any layout issues are probably because of that, 'alt + i' or right click the y axis and invert chart. TP 1 - 0.48 TP 2 - 1 TP 3 - 2 TP 4 - 7.75 TP 5 - 20 TA Powers of Two Fibonacci Gap Theory Eliiot Wave Trend Lines Alien Metals (UFO) is a speculative risk investment, this is not investment advice. DYOR...
Market Profiles allow you to understand the structure of price action, you can alter your profiles to be specific for buying or selling. Having a universal plan shows you where price is going to range, if it sticks to principles of bullish action (Higher Highs, Higher Lows), you can deduce where the next levels of interest are and vice versa. Interest areas - the...
With price at all time lows and a pattern emerging looking like an Adam and Eve bottom , the risk to reward has a lot of potential (considering price won't move to 0) with the risk being low and the potential rewards to be rather outlandish considering the position in the market. The fib tool is using a method I've come up with using the positive powers of two...
XBTUSD | BITSTAMP:BTCUSD | BITFINEX:BTCUSD | COINBASE:BTCUSD | BITFINEX:BTCGBP | KRAKEN:BTCEUR | BITFLYER:BTCJPY Impulse gaps - when price moves away with large volume and creates a tall candle, price creates a gap of untested areas which could be referred to as liquidity gap. These liquidity gaps are caused from lack of actual liquidity,...
TA doesn't matter, crypto is a word of mouth bull market.
Given the triangular structure resting on the dashed blue support and accumulation zone (green box), additionally a single outbreak rejection, it's likely a retest will occur. However a possibility of rejection would send MAID into a third and final accumulation run. Blue solid line represent expanding wedge, pink cuts to create and ascending wedge. Dual...
Confluence with multiple methods of TA. Volume shows strength. Moving Average 50 with -50 offset is the best indicator of trend when paired with structural analysis. MACD crossing bullish; big divergence and continuation signal. Bullish Channel established. This is not a buy signal, this is strategy testing.