Slope_Trading

Slope_Trading

After breaking through the trend line yesterday, the pitchfork slope & previous trend line came in as support. After an outside reversal day off highs though, i do expect a more prolonged retrace

Slope_Trading Updated 

After breaking the ascending triangle , and hitting our 100% extension target, bitcoin could well come back to re-test previous resistance alongside this median line . I do expect this bull run to continue.

Slope_Trading

Pretty clear on the chart, personally think it will break this level

Slope_Trading

Another test of daily pitchfork And a narrowing range between this key slope & the shorter term median line. Break median line & the $264 previous resistance is target

Slope_Trading Updated 

Hitting the lower slope in this ascending triangle formation. Time to hold then push to break to the upside

Slope_Trading

This is a key level for bitcoin to break for it to resume its uptrend. With higher highs in place, the range is narrowing. Break the downside & we target $7700, upside break and $9000 is targeted.

Slope_Trading

Testing current trend line resistance. Break here and we re-test $8152. But remember the pitchfork which we have currently broken out of

Slope_Trading

Trend line broken and re-tested alongside new pitchfork slope. Will there be follow through?

Slope_Trading

Neo has broken its trend line & now targets the median line in this pitchfork formation. Break the median line and we can see a push to test recent highs

Slope_Trading

Pretty similar patterns across pairs. Narrowing range between upper pitchfork slope and trend line. Break below trend and median line is target. Break above pitchfork slope and we target previous highs on 16th May

Slope_Trading

A note to keep slopes/pitchforks on your charts even when price breaks through them. As ripple broke through this pitchfork on the 16th, it still acted well as resistance, and then broke back into it, and remained in tact as support. Range is narrowing, a breakout either way should come soon

Slope_Trading

Litecoins range within this triangle & each respective triangle slope & the median line in this pitchfork is narrowing. Break through the upper triangle slope targets the upper slope in the pitchfork Break through the median line in pitchfork and we target the lower slope of the triangle

Slope_Trading

Not much follow through after breaking this uptrend yesterday, with the median slope in the pitchfork holding as support. Resistance is top slope in pitchfork and the trend line off 16th May highs

Slope_Trading

Well defined pitchfork and a near-term trend slope. Break and re-test the median line or hold and re-test the upper slope?