Hello Traders, Just back to the chart and found that we retraced from the 0.618 level SO ? From my P.O.V we are getting either a correction to 21700 or my last target at 19500 , or WE ENDED THE DOWNTREND upward CORRECTION TO GET FURTHER DOWN :) Binance BTC chart Volume profile showed a good alignment with 0.382 Fibonacci level BUT I can't count it as a good...
Hello Traders, Matic has been forming an ascending triangle since couple of weeks now ! It respected it`s borders very well !! , and I guess MATIC is one of few coins that didn't drop down again to it`s dip. - On the chart you can see the Ascending triangle with it's target (move the chart to see it) Breakout should be before 19 of July 2022. I guess it will be...
Hello Traders, COTI saw a massive downward movement that almost reset all indicators, We gotta have a hourly close in few minutes which seems for me that COTI is forming Double Bottom, So will it do it ? I will join after a breakout as usual or a movement to upward confirming that we had a W pattern If it will happen, Targets gonna be for me as mentioned in...
Hello Traders, Since long time ago I drawed this symm. triangle on my chart, Now BTC broke it to the upside. Today I want to discuss briefly, What is the possible moves for BTC --- BTC was running into horizontal channel since 13-16 JUN 2022 that is mentioned on the chart with Green rectangles Now BTC continued going narrower and narrower price movements to...
Hello Traders !! Feels like BINANCE:FTMUSDT having a Falling wedge getting formed on 4H timeframe !! Fantom went down massively before even BTC start to fall. Surely we all know that 1- Falling wedge is a bullish pattern 2- the target for the falling wedge will be the top of the wedge Will FTM do it ? OR we gonna get a new low ? What do you think ? Thumb...
Hello Traders, Just found a Symmetrical triangle about breaking soon, Enjoy trading it according to the path, Bull target (after breaking upside and a confirmation) : 37.3$ Luckily this targets aligns perfectly with a resistance !! Bear target ( after breaking downside and confirming) : 29-28.5$ This target is placed at a strong support that made SOL bounce...
Hello Traders, 4H Timeframe will be posted with continuous updates From my point of view SOL is targeting a range of 22$ to 17$ which is a powerful zone as you will see in the next Chart This area was the major are of support/resistance before SOL rockets to the upside in the past Regarding 4h chart, We are have a Cup...
Hello Traders, Today I wanna update my targets for neo T1 moved from Static 4.95$ to be a RANGE ---> 5.4$ - 4.9$ Save this idea to leave a thumb up for it later if you didn't now ^^ After publishing the main idea NEO pumped hardly but it didn't reach the S.L mentioned. ---- Notice : Breaking this can lead us to a very final destination at 3.5$ ---- Thumb up...
Hello Trades, Seems like NEO reached the top of the channel and the bottom of the bearflag again to retest it You can trade this . Target if it didn't break to the upside should be the bottom of the channel. On the chart we got the following : Bearish divergence on 5m and 15m . over bought on some indicators at 5m 15m 30m chart we are on a strong...
Hello Traders, This is a quick update on waves for the targets ! I hope you made some profits from this idea <3 Thumb up for more on WAVES Follow for more on ALTCOINs. Have a nice day !! - Educational : The distribution schematic has similar phases to the accumulation schematic, but with many of the same events along the way happening in the opposite...
Hello Traders, Today I want to announce that NEO official broke its channel "the bear flag" So real quick I wanna share my targets ! 1- Target ( close one ) : 8.3 - 8.55 $ 2- Flag target : 4.9 - 5 $ ---- Educational : BEAR FLAG This pattern occurs in a downtrend to confirm further movement down. The continuation of the movement down can be measured by the...
Hello Traders, Unfortunately ADA broke the 0.6 support. Also BTC Just broke a MAJOR support that was holding us for couple of weeks now, waiting for confirmation with 4h and 1d candle closes. But till this happen, That my 3 major move that ADA can move according to it in all cases of BTC moves. I lean more with a retest to 0.6 then going back. ADA reached my...
Hello Trades, Here is some simple support lines for bitcoin that can hold the price a little. Green = Support lines White horizontal line = Daily support White trend line = Moving support since last dip Breaking the white trend line (oblique one which hold us since a lot ) with a daily or two 4h close will let us try going lower hardly from my POV . With a...
Hello Trades, We may be forming a Descending triangle on FIL now which is a bearish continuation pattern. Target : 6.80 Fil is now standing on a strong support, Hopefully it can hold it and this pattern fail. Some of you gonna ask, why I drawed the lines with candles under I wanted to post this idea on 4h chart, but it...
Hello Traders, I guess am seeing ADA forming a head and shoulders pattern.. It may test the neck line soon at 0.6304. In case of a break : I guess 0.6000 will be the first major support that the price can retrace from instead of going to the H&S target. INVALIDATION : Dotted line ( above 6.53 ) - Educational : What is Head and shoulders pattern ? The Head and...
Hello Trades, BTC just swinging nowadays, but now it went to 98.7 on cluster algorithm indicator, with a RSI bearish divergence. I guess we will have a run to the down soon. Also! I found a fractal that have the same run then a break, then we get a pullback downside I know it seems crazy but lets see what happen - This is not a technical analysis I use to go...
Hello Trades, Am sorry for not sharing this idea earlier before the breakout, but I was waiting for anyone to share it but I found no one shared it ! You still can count it as an educational idea. - if you zoom out on your 1h Chart, You will see a double top pattern formed and already broken, thats why waves got about 20% down in the past few days. - ...
Hello Trades, --------------------------------------------------------------------------------------------------------------------------- Just noticed that we are following Wyckoff distribution schematic on WAVES - The distribution schematic has similar phases to the accumulation schematic, but with many of the same events along the way happening in the opposite...