So, contrary to my previous bullish idea in which we could still hit the 2.272 fib measured from top 2018 to bottom bear market, there is of course always a bearish possibility. In such case i would be looking at something like this : According to the halvings, market cycle lows occurred around 546 and 518 days before the halving event in previous cycles. With...
Looks like despite all the fear, we are still in bullish accumulation phase. Let's hope the diagonal support holds. Happy trading!
So, as we can see an ascending triangle is forming after a downwards move on the 4h tf. We can consider this pattern to be a continuation pattern which will leed price further down. I'm looking to load op some more lrc at the support box, no fin advice. Happy trading !
Hi all, So, for starters we can clearly see the 1 year long hidden bullish divergence still in play. At the same time however, we are now seeing a rejection on the daily downward sloping trendline. So how low could we correct here?
Pretty straight forward idea... You can see the fibs, the resistance/support lines and i also applied elliot waves. All of this confluencing into the same price target. Happy trading !
Let's first complete wave c of the corrective waves. Keep an eye on price action after completion, ftm might want to go for a 2.618 extension or more. Happy trading!
1hr inv h&s formed, target in chart happy trading !
Could it be? 3 times in a row? Let's go !!! Happy tading !
Step 1 : Take the weekly BTC log chart Step 2 : draw fibs from top 2011 to bottom 2011 , where does top 2013 occur? fib 2.272 (after boxing with 1.618 a bit) Step 3 : draw fibs from top 2013 to bottom 2013, where does top 2017 occur? fib 2.272 ( after boxing with 1.618 a bit) Step 4 : draw fibs from top 2017 to bottom , where does top 2021/2022 occur? ( currently...
Hi, As it looks like ADA is struggling a bit lately, i must say the long term still looks positive for me. The diagonal local support seems to be very well defended and in case it would break i think the 0.90 - 1$ range will again stand for strong support. We can also see rsi nearing oversold area with on top of that a hidden bullish divergence. Keep faith, ada...
The 0.618 fib daily retracement level is aligning with the 200 daily ema. Expect a bounce right there. If it does bounce this would create another higher low. Happy trading !
So, i'm really wondering, can we trust this indicator enough on this one? I mean, price recently went higher than the last top in april around 65k. So, since we've recently seen 69k , but no new top indication, can we assume the top is not in yet? If 69k was the top, the signal should have flashed already right? Even though it sometimes comes with a slight...
Ok so, to me it looks like ETH wants to fall out of the rising channel we are in. It might want to retest the 4000$ level. Indicators show the momentum is reducing as well as the money inflow. RSI is pointing down and if you zoom into the 4hr chart you will see the EMA's starting to cross bearishly. Now, to be 100% honest , i'm not going to touch my ETH...
Just added a litlle more historical data to the previous concept , altered the resistance curve just a slight bit. Happy trading !
Weekly chart showing us weekly resistance (red curve) and daily support ( green diagonal ) . Actually, what this chart is confirming the most for me , is my believe for this cycle to be extended into Q1 2022. My BTC prediction for example also extends into feb 2022. Anyway, if this would actually play out, we could see price touching weekly resistance again...
I'll just add this : i only take trades like these with small bags ;) If it fails, ok losses are small and will be regained somewhere else. If it works, great, this kinda volatility can do a lot with 100$. Let's hope it works out. Happy trading !
Let's keep it plain and simple here : First of all , i went to the settings of this indicator ( on TV it's called VuManChu Cypher B + divergences ) and i got rid of the Vwap and also the stoch RSI. I would personally recommend using the standard RSI indicator. Now we have a clean indicator showing us the money flow ( green + red clouds ) and the momentum ( blue...
With the 1 , 2 , 3 , 4 hour charts still looking massively bullish we could assume that this 15m W pattern could play out as following : target hit perfectly , retrace to the neckline around or slightly under ATH before more up ! Remember : my thoughts about Shib remain the same : Want to trade shib? Great. Want to hodl shib? Not so great... Why you ask? Take 10...