So this pattern shows as BTC dominance has broken down this triangle. This means that alts should fly from here, at least in theory. BTC should settle down and money should flow into alts. However if dominance dumps too much BTC is likely to dump as well and as domino effects maybe people will buy fiat causing a general market dump. So it's a balance. For alt...
The title says almost everything. The uptrend has been established again, currently price has hit the 59381USDT resistance and bounced back but didn't drop below the support at 58023 so we can say it's into a small channel. If it goes up in 12h chances are that price enter again the big fibonacci channel you see on the background, if it take more we'll need much...
As you can see this looks a lot as V-bottom formation which usually break over the neckline, retests it and then pumps. In this case, since the V is cut at 3/4 from a resistance/support zone I think this will work as "neckline". To be sure my theory is right we just have to see if once price retests the zone, if it bounces back then resistance has became support...
For starting I'm sorry if the chart is messy but this is a chart pattern I've identified within a bigger one. 1INCH is currently into a pattern which resemble a triangle but what I've highlighted with the brush to me is a Cup&Handle formation which is a little bit inclined. If I'm right the handle broke out where its neckline and the resistance cross each other....
AVAX looks bullish, as ADX+DI confirms the bullish momentum up to 1h and it shows it crossing up at 4h. Also the chart pattern suggests this might be a triangle. A different pattern could be a simple steady rise along the support line but a third bounce on it could make a "three little indians" which is a bullish one. However, at the time I'm writing this signal...
Sorry, this TA arrives kinda late but it's holyday even for me. The more I do TA the more I recognize pattern are "seasonal", probably because most of the coins are influenced by BTC. I've been seeing many V-formation patterns lately and this is another one. Unfortunately my TA is late so I wouldn't advice to enter the trade now, however I expect the chart to...
The purple rectangle is a support zone on which price bounced twice, that zone is also in the 0.618 Fib area, a very common zone for reversals. Assuming market doesn't crash from here POLS can start going up. Falling wedges are not "explosive" like other pattern but I think this is in a good moment to enter POLS or, you can also wait to check if it reaches the...
BTC pumped for the last 12 days and now it's compressed in a very tight channel which is formed by a resistance and a support. From the 25th of March to date it formed a V-formation pattern, I posted one on RSRUSDT yesterday, usually these kind of patterns reach the neckline, retest it and then pump. At 1h and 4h the candles of the last day and 9h form a small...
Ok, I admit it, I was very very annoyed with this one! I've entered at begin of February which in retrospective was a month in which I should have just traded BTC for short periods. However after a long wait ZRX is moving up again and hopefully this will go over its ATH. IF you entered the trade when I posted my old TA on this one you're currently +20% so...
In 2018 I bought ICX at the peak of the market (I was inexperienced back then) and I have still my bags since then. However lately ICX has been doing very good, I've posted recently TA on the 4h or daily timeframe to show a triangle about to break and you can see the effect even in this monthly chart. Today I thought to zoom out and check at which point we were...
I've been asked to TA this coin (I've never checked it before) so here we go. This is a pretty nice asymmetrical triangle but the first resistance is also a very strong one as it coincide with EMA 200, ichimoku cloud and the volume profile's control line of the last 4 days. This despite the volume itself of the transactions at that price is pretty low. I wouldn't...
Price has been bouncing well into this triangle. Right now indicators don't say much, the most significative is EMA 200 at 4h timeframe which shows current price (1.39 at the time of writing) hitting against it. Also, ichimoku has price inside a cloud at daily but at 4h resistance is just over the upper triangle's border. The resistance drawn at 1.57USDT shows...
This is a rising flag with a bear DIV on RSI and even more indicators I'm not showing (CCI, volume flow indicator, etc...). I'm not calling it "bear flag" because those appears on a downward patter, I'm not calling it rising wedge because borders look parallel, so I don't know how to call it because I can't find anything specific about such pattern. Please if...
XLM is into an accumulation channel and it doesn't surprise me, this is one of those coins which does nothing for a long period until it explodes. Fib levels show that the bottom of the channel is a daily support as the top is a resistance. 0.5 Line divides perfectly in two the channel. If you wanna enter XLM I personally wouldn't buy 100% of my bag at this...
So, it looks that most of the coins which pumped in January are setting up to pump again in this period. At least those I'm stumbling into. REN had a great run since end of December and now it looks at the end of this falling wedge, this looks clearly into a reversal (already started). If BTC doesn't mess up the market it should break out soon, however ADX+DI...
NOTE: chart pattern's lines are drawn according to 4h chart but in order to show better the pattern I chose the daily one. UMA had recently broke out from a falling wedge, created a new HL and was on a promising trend, also I had noticed a Cup&handle which was working out well. However in this market were people (and bots) sell when BTC goes down all it takes to...
I've deleted almost all my trend lines from this chart to see the chart clearer and I've realised, right now, there's no a proper chart pattern. Even though it resembles a triangle I don't think this is a proper one.... there would be too many touches inside it. At least, this is my opinion. I've noticed that price is over a support zone which worked already 3...
This is a very bullish pattern, ADX+DI show the bullish trend is growing and ichimoku cloud confirms we're at support (not shown here). This kind of triangle is more rare but also more bullish (in my opinion) and unless BTC dumps again this is gonna break out soon. I consider the breakout verified after we go up that resistance (dashed line) You've two...