I dont know not really a H&S pattern but....
Nice TK cross on the 1-day chart. Started adding between .0166 and .0183. may continue to add if we continue to see strength in volume and price action. Take profit targets are set in the chart. The last TK cross on the daily chart was May 11th, so this bullish TK cross is definitely something to keep an eye on. Remember to keep you position small while we're in...
Adapted from some other charts for the S&P index, as well as CNBC analyst Todd Gordon, this is a simple play to profit off a possible inverse H&S pattern in the coming months. If we see a test of the Ichimoku cloud on this ETF we can expect a break above the cloud and a possible re-test of all-time highs. This is tricky though, because we are trading below the 200...
Moving into overbought territory on the RSI. Good momentum trade, volume rising. Classic charting style trade. What's interesting is seeing alts pump while BTC acts like the stablecoin. *Not financial advice- for my own purposes only
Possible bearish divergence with the price action above the ichi cloud. RSI exhibits overbought conditions. Generally, a market wide correction looks like it could drag TSLA lower, even though TSLA earnings are posting in the positive territory. Fundamentally, it bothers me that TSLA is categorized as a "Auto company" when it is clearly a tech company, batteries,...
All Ichimoku indicators look good for more potential upside....In contrast to this bear market this may be a good scalp or swing trade.... It looks like support is bouncing off the Tenken (Blue) line. Unfortunately this chart doesnt have history so I had to resort to a 4-hour timeframe.
this is what it looks like folks
This chart is for my own purposes to back test calls using Ichimoku cloud. I am entering longs in XMR to see if the cloud breakout happens (the probability is looking good though) and setting up my ladder limit buys on this swing trade. Price targets are all the way back up to the ATH, but based on fundamentals and utility of XMR, its could push past ATH.
I'm am simply posting this to see if this will validate by Sept. 8. Will we go back to $6000?
When we get a TK cross with volume confirmation I'm going long, wait for the volume confirmation though. Been doing some trading on the DDEX decentralized platform as of late. It's a great way to trade! When this trading pair hits mid cloud enter long (if you have a high risk tolerance). Otherwise wait for TK cross and candle movement above the cloud to enter longs.
As time goes on it looks like added volumes in this market are beginning to compress. Look at the comparison between the 2014 bounces and those after the ATH in 2017. Then examine the volumes during those periods. Fast and loose math gives an approximate squeeze of time by 42%. The hypothesis is that boom/bust ( if you are so inclined ) cycles are compressing....
In the chart you can see when CB announced the possibility of adding this asset we got a nice pump. Retracement lines up well with the fib levels, you can see it bouncing through each support. I think we've bottomed as I see no real reason for another selloff, except maybe a BTC FOMO. Next support at .019 BTC, and this is where I'm setting up my buys. From the...
Sideways across lower trendline, hit a wall, boredom ensues, buyers take hold, up
Moved a few dashed trendlines on this one. Fib fan was not moved and I think it may show the general trend: anything below the blue is a buy for me. If impulses start back up again it could follow the dashed lines. The low volumes were the best times for accumulation, esp. for the institutional new buyers. This is exciting, esp. b/c we saw big jumps in price very...
Hey whatdya want? everybody is like "zk-snarks are so cool I want it on my project (ahem Bitcoin Private, ethereum...) When this moons, you'll know why. People are gonna FOMO hard for privacy tech, then we will see mars.... Happened last year, all it takes is a little market jitter, also there is a super limited quantity, dont let the market cap fool you. TA- I...
anything under the blue is a great buy in the uptrend. anything over the top/outer blue is the best sell you will ever witness. Everything in between you're doing great!