I'm in up until we it double digit however recently I've noticed a C&H forming WITHIN another pattern on UMA chart (check my TA). Since usually many coins/token have similar pattern or behaviour (BTC's fault) I've checked also on 1INCH and I've noticed this potential Adam&Eve pattern. I've seen on some other TA on TradingView that A&E can have a retracement...
We're currently on 0.786 Fib line, if we go under this one this wedge it'd probably gonna break downwards, at least for what I've read/seen about wedges (write if you have different experiences). If you like to see the silver lining be informed that MFI indicates a bullish DIV on the daily and price is right on the BB lower band (not shown, I've free account,...
This gonna be a very short TA: until BTC is into the pitchfork it should bounce on the borders of the pitchfork projection and try to stay as close as possible to the center. If instead it breaks out too much then it means the pattern has changed. General rule says: if prices bounces on the lower band you can buy, if price bounces on the upper band you might...
LUNA had an impressive run, certainly I regret not buying it months ago, last pump was pretty good as well. However there are 2 bear DIV on 4h RSI and MFI. I think this will retrace very soon. Dashed lines are the supports in case of retracement.
Up until recently UMA was in a never ending descending wedge, at least until 7th March when it broke out. Subsequently it went down following the market but now I've just noticed that what has formed between the last peak into the wedge and the peak of the broke out it's a cup and the handle is currently being "finished". Statistically handles start going up...
Ok, during the last 24h the entire market has pumped it's now time to make the point of current situation. Sorry for the messy chart, just focus from 23rd Feb onwards. I feel like that that was a triangle that broke out yesterday, it pumped and today price bounced at resistance (4.41$). There was a reasonable retracement and I think that overnight it'll try to go...
So, this can be a break out but if volume doesn't increase overnight (I'm in europe) we won't see any pump. The problem is always with UMA: amazing project but poor marketing. Volume profile shows the price is slightly over the price at which there were most buys, from here we should only go up. The problem with UMA is that, as I said, people doesn't understand...
I'm pissed because I don't have fiat to invest right now, however this looks like a falling channel breakout. Price is piercing through the ichimoku cloud, I think if next 2 candles close over the cloud we go up, otherwise price will remain in this area for another bit. I personally think it'll go up, especially considering the strenght of project. Trading in...
In some of my previous TA I said that recently I've seen a lot of coins doing a reversal between 0.618 and 0.716 Fib lines. The fact that price bounced on EMA 200 between those levels makes me think that this can possibly end up in a breakout. The only bad sign is the daily candle which, should it close like this, would be bearish. Remember that very often wedge...
To be really bullish it must go over previous high (51.6K USD) but I'd say this is a legit attempt of breaking out from the descending wedge. Even ichimoku cloud shows a big resistance was overwelmed. Keep your eyes on that resistance which cut the wedge, if price goes over that one BTC is definitely bull
After breaking out from that triangle last 19th February the pump stopped on 22th because of BTC messing up the market. Following that dump and a little pump we're now into a falling wedge, over EMA 200 and flirting with wedge's upper resistance. Since the price went already under 0.618 Fib line (not showed) and bouced back it's possible we'll break out from...
So, this coin has done very well in the past month and surprised me in certain days where every coin was dumping and this one kept going up or held up, hwoever this is a bear flag + bear DIV which means this should go down. During this bull season I saw many rising wedges with bear DIV breaking up and going up (ETH fore example) and I thought "buy pressure is so...
There's a a bullish DIV, pretty similar to the one on BTCUSDT and in this case quadratic weighted MACD indicates the start of a uptrend. We almost reached che target I had for this retracement, everything sums up.... maybe the retracement is over. Be cautions entering this one
Yesterday I had identified these bullish DIV but I didn't post them on purpose because I wasn't convinced they would have stopped the fall. Indeed today BTC kept dumping. As you can see a bulish DIV is recognizable since the 26th of february, I think there was too much buy pressure on BTC and now this led to a price dump. Personally I don't think this is a bad...
After last breakout DOT formed a falling wedge which usually goes up, moreover, even if very mild, there's a bullish DIV on 4h RSI and also on MFI (not shown here because I don't have tradingview PRO account). Price has also bounced off BB lower band so this should head upwards from here but off course it's all up how market will behave. If everytime BTC dumps...
DISCLAIMER: I'm not 100% sure about this one, too few touches on the bottom line, however I'm sure that if we close 2 candles over that EMA 200 this will find the volume to break out from that yellow steep line (resistance). If we go over the orange line (EMA) you can enter using it as support and the target is on the screen.
Recently all falling wedges I've seen broke out after going below 0.618 Fib line so I won't exclude price will go down from here, possibly attempting a fake breakout. I would consider a breakout real from this point only if we close 2 candles over 255. I consider this patter a wedge despite the 4 candles of 23rd february because that was caused from BTC dumping
If we close at least 1 candle over the resistance the breakout will be real and this will be bullish. The resistance is given not just from ichimoku cloud but als ofrom volume profile (not shown here). Take a look also at 1INCH, I'll try to share something about it soon.