Hi during my analysis of DJI I have seen multiple indicators to lead me to my conclusion that the market will continue in a downward direction. First off is there was a trading gap at the 15k level that has never been addressed and will eventually be filled. There is never a time frame but taking into consideration that the market is making bearish moves downward...
I'm putting all bets on BINANCE:ETHBTC for at least a double in your return. A look at BINANCE:ETHBTC shows us that ETH bounced at known support created a uptrend then retraced shortly with a double bottom and now is in a Wave pattern. I believe we are about to wave up and it will generate some nice returns. ETH is always a safe bet regardless because we already...
BCHSVBTC is a buy once again with good RSI support and a similar bullish formation forming once again. With FIB support being right underneath current price right now it is a safe time to place a buy order for 39 percent potential return.
BTC has support at $9,070-9,100 around there, that will be our most likely bounce. This is a support trend line drawn from February and has proven strong. Other areas to look for is $9,250 and $9,200 for possible bounces. Good luck on your trades
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BTC Is creating a Ascending Triangle inside of a Pennant, very bullish pattern coming in clutch also a cross on the Stoch RSI is also again imminent, Also increasing buying volume. Looks like its gonna be a good run up for BTC we just have to get passed the $11,250 level then we will have a prominent run up. Good luck Traders
We've just broke out of a inverse head and shoulders and are now on to even better things, a Bullish Symmetrical Triangle is now forming if this stay true expect the moon because we are right next to our Bullish Flag Pattern Resistance, and on this 30 min chart it looks like the MacD has some love to give looking for yet another cross.
We can see that we had a double bottom on one of my earlier charts and now we are forming a Bullish Triangle that usually forms after a double bottom that indicates price increase, plus our Stoch RSI is towards the bottom indicating possible upward momentum. We will most likely move to our next FIB level represented by the yellow line i drew to about $10,050
Here we are using the 1 hour chart and we can see that there is a double bottom forming. If we can follow the blue line up and break the yellow line we are still in this fight. We have a bottom 1, a run up and a bottom 2 is forming lets just see if it forms though