I've been seeing a lot people getting very bearish recently. This makes me feel bullish. I've even seen a well known Trader who has a large following here on TradingView, projecting an ETH short to $25! When I see people getting this bearish, I have to ask myself; is $25 ETH possible? Yes. But is it likely? No. When the sentiment changes like this I pay attention...
ICON looking like a breakout is imminent. Great risk to reward almost 1:5. There are multiple targets that have been hit. However be aware there is a big algo target wanting to take this a bit lower first. Play safe Entry 1: Below 0.3850 Stop: 0.3350 Entry 2: Wait for breakout, candle close and retest of range Stop: 0.35 Entry 3: 0.3080 Algo target Stop:...
Hard to believe it will go straight there without a decent retrace but it's just keeps running... Wait for more information, let the market reveal itself. Hurry up and wait. No entry here. Wait for a decent pull back. Target for 3rd wave $70.40 Never Trust. Verify. DYOR. Not Financial Advice Just an Observation. Always remember: technical analysis is not about...
The moment we have been waiting for... ETH has finally Broken out. Hope your bags are packed and you are holding on... Like And Sub! Never Trust. Verify. D.Y.O.R . Not Financial Advice Just an Observation. Always remember: Technical Analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk management is key . ...
These are the 3 main Types of correlated charts I am seeing in the Crypto space. Type 1: These charts have moved off the low but have not yet broken out. These are lagging the others (i.e Not many people are paying attention = opportunity). e.g EOS Type 2: These charts have broken out and are consolidating above or near the previous high. These are...
Everywhere I look, I see accumulation. It feels like the bulls are just getting warmed up... And Dash is no exception. Comment below, what do you think? Will Dash follow VET's path or fail and find a new low? Don't forget to like and sub! See how the Wyckoff Accumulation played out for VET: Never Trust. Verify. D.Y.O.R . Not Financial Advice Just an...
Looks like Square is in the 3rd wave up. Targeting $180.77 for a Risk:Reward of 1:2. Look for a retrace to $125.33 for the 4th wave. Count Invalid if price breaks the wave 1 high at $101.20 Like And Sub! Never Trust. Verify. D.Y.O.R . Not Financial Advice Just an Observation. Always remember: Technical Analysis is not about being right, it's about...
Interesting times, Ethereum/Bitcoin Breakout on the log chart. Testing resistance on non log chart. Looking very Bullish. Are ADA, ZIL, VET showing us what's just around the corner? let me know your thoughts in the comments. like & sub... 1st Target: .048451sat ETH/BTC non log chart testing resistance: ETH/BTC NON LOG DAILY: Watch for reaction at high...
I find this side by side comparison interesting because it shows the correlation in this crypto market. How can recognising these patterns help us? Well if you compare correlated assets and one (or many) move before others they could be considered leading indicators , so they might be showing you a glimpse at the future. See ADA & VET... Are they showing us...
If it breaks... game on... Never Trust. Verify. DYOR. Not Financial Advice Just an Observation. Always remember: Technical Analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk management is key. Capital preservation above all else. A sign of what's to come?
If this Breaks up... Its game on. HOLD Never Trust. Verify. DYOR . Not Financial Advice Just an Observation. Always remember: Technical Analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk management is key . Capital preservation above all else. Check the links below, Is this what's coming?
Wish you could see the future? Like and Sub... Never Trust. Verify. DYOR . Not Financial Advice Just an Observation. Always remember: Technical Analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk management is key . Capital preservation above all else.
Seems the bulls have been released... And they have found Cardono. There is no denying this is now very bullish, The question is; will we get a pullback at resistance or cut right through it like butter? Let me know your thoughts in the comments below! Never Trust. Verify. DYOR . Not Financial Advice Just an Observation. Always remember: Technical Analysis is...
Looks like a completed first wave impulse. Look for a short term retest of resistance ($0.022 - $0.023) before moving down to test the support level at $0.012 - $0.013. Log chart Support and Resistance Supply zones: Elliott wave count and key Fib levels: Never Trust. Verify. DYOR. Not Financial Advice Just an Observation. Always remember: Technical...
Might be a good one to have a SMALL punt on. 1:18 Risk:Reward There is not much volume so be aware that there could be slippage on your stops. The drawdown entering at 165 sat is 20% (not including slippage) so be safe. However the upside potential is 370- 460% So for a $1000 position ~$200 Risk: $3.7k - $4.6k Reward. Someone wanted me to have another look at...
I had fun with this one, the more I looked the more there was to find. This really does look very bullish… Main points: *Break of median line in a long term downward trending channel *Break of neckline of massive inverted head and shoulders Pattern *Breakout of 3D Ichimocku cloud *Bullish weekly 3 white soldiers pattern forming The chart above shows a break...
Bullish Break of long term downward trending channel's median line and break of neckline in 20 month Inverse H&S Pattern. Target: 160sat Never Trust. Verify. DYOR . Not Financial Advice Just an Observation. Always remember: Technical Analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk management is key . Capital...
Target for inverse H&S almost reached. Approaching edge of channel in confluence with the 0.5 FIB & the 3rd wave 1.618 projection (see linked ideas below) Never Trust. Verify. DYOR. Not Financial Advice Just an Observation. Always remember: Technical Analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk management is...