UnknownUnicorn1539772

UnknownUnicorn1539772

Fundamentals Most of you like myself started putting attention on markets, be it crypto and/or conventional ones during a time of steady economic growth and relative stability. These fundamentals have changed, and it takes years for them to recover. There is a plethora of events and developments which counteract such a recovery. Following incomplete list tries...

UnknownUnicorn1539772

Hello fellow trader As one may see in the chart, two patterns were formed by the price. The first light blue marked is an rather choppy inverted cup and handle formation. I have outlined the target calculation of the pattern in the center of it. The time frame is a valid one, c&h structures need at least several weeks to be taken into consideration. Also that...

UnknownUnicorn1539772 Updated 

Hello fellow trader Please see the attached parent analysis for the bigger picture. This is just a detail on how the price target of the wedge might be reached. As one can see there seems this fractal in play (light blue bordered areas). Trade safe Nik

UnknownUnicorn1539772 Updated 

Hello fellow traders As you may see in the chart the price has formed a rising wedge. The patterns likelihood of validity is fortified by its occurrence within the 5th wave. Other indicators of making a breakdown more probable are (ordered descendingly by their weight) : the bearish divergence in the RSI (lower highs in it vs higher highs in price) ...

UnknownUnicorn1539772 Updated 

Hello fellow trader As you may see in the chart CHFEUR is forming a rounding top. This pattern's statistic shows a high reliability concerning its expected breakout. Possible entries for a short and a following long trade may be taken from the chart. Be advised that the price may already bounce from the projected short entry and rise into the pattern's...

UnknownUnicorn1539772 Updated 

Hello fellow trader, In my previous gold long-term chart (attached below), I pointed out that the trend is likely to follow a parabolic curve (orange). Since then the price has been printing a fractal movement(colored shapes), which fortifies the previous technical analysis. As you may see, even the marked volume profile assembles self similarity. The actual...

UnknownUnicorn1539772 Updated 

Hello, yesterday I posted the correctional wave scenario for TOTAL2 , please check out the attached TA. Here I project a possible impulse wave scenario for alt cap. Lets assume that the former orange trend is now our resistance, the market has shifted in a slower paced uptrend (violet dashed line) and just started wave III. Confirmation might be created by...

UnknownUnicorn1539772

Hello, most C&H structures which are being posted on TV are nonsense because of their invalid time-frames. To be a true cup & handle pattern it should achieve the requirements stated below(and more if you follow the link) Cup duration: From 7 to 65 weeks Handle duration: 1 week minimum with no maximum. thepatternsite.com This one looks promising and the...

UnknownUnicorn1539772

Hello fellow trader, depending on the price action of the next weeks, this projection might gain increased likelihood. Watch the next weekly candle closely, there is the possibility that it might shape an evening star candle stick pattern -> www.investopedia.com At least there is a dojo candle, which is an indicator for a change in trend. The price needs to...

UnknownUnicorn1539772

Falling wedge in play. Hourly close below 8.2k will invalidate it.

UnknownUnicorn1539772

Not much to say. Looks like a promising long term trade to me.

UnknownUnicorn1539772

To keep this simple: Left Chart: parabolic movment, which has started in July 2017 ascending triangle (decline in volume fortifies the pattern) bullish flag Right Chart: confirmation of re obtained longterm trend Indicators bullish divergence in stoch stoch is at all time low stoch is about to cross trade save Nik

UnknownUnicorn1539772

Found this fractal . Currently I try to evaluate this trading technique so do not take this too serious.

UnknownUnicorn1539772 Updated 

Hello fellow traders, not much to say, one may expect a target between 0.11 and 0.12 if the pennant plays out (blue paths), probably it's going a lot higher mid term if it breaks the ascending triangle (violet paths). See the attached longterm projection of XEM which has been quite accurate for 1.5 months. One may buy in now but I suggest to wait for another...

UnknownUnicorn1539772

Please see the chart for pattern's target.

UnknownUnicorn1539772

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UnknownUnicorn1539772

If the falling wedge plays out as i expect it to, we might see the price forming an ICH pattern (wich can be also seen as H&S pattern).

UnknownUnicorn1539772

It has already started, please see the attached long term projection for a more detailed outlook