There is a sell set-up on the AUD/CHF trading pair
We can see from the chart that price has consolidated, faked a break-out, and is in the process of the liquidity grab by institutional traders before breaking down to the down side.
Updates to come
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It appears XRP has formed a larger symmetrical triangle than I originally drew out.
Early morning, XRP fell to the bottom of this triangle before making a strong ABC correction back to around recent highs.
As shown on the chart, XRP has completed an ABC correction and has most probably completed waves 1 & 2 of this leg up.
We had a retracement back to the .382...
Hello, XRP has just given a good buy signal.
XRP has been trading in a symmetrical triangle.
Recently, XRP broke out of this symmetrical triangle and is currently retesting the top trend line of the triangle as support.
A solid bounce off this trend line is a strong buy signal.
my target is $0.97
Updates to come.
sorry for the lack of posts,...
As expected, Elon has began to make a strong recovery post the market flash crash and touching down into the demand zone.
Pattern looks bullish and I believe that Elon can absolutely sky rocket from here as long as bitcoin stays in an upward/sideways movement.
Elon has also broken above the top of our triangle pattern which is a very positive...
Well, perhaps you should learn to read a chart yourself then.
Though we have broken our support of .000001500 a divergence signal has also triggered meaning this is very likely a bear trap.
Please be aware that trading carries risks, especially trading meme coins.
YOU are responsible for knowing and managing your own risks.
My analysis are...
ELON looking strong as it has touched and held support of .000001500
I am expecting a parabolic move VERY soon!
Drawn on the chart is where I expect the bounce off the support to take us on the 12hr time frame...
DO NOT lose hope and get shaken out! We are so close.
Updates to come...
It looks like we are getting closer and closer to a break-out of Elon.
As you can see from my chart, I have done away with the triangle pattern as I didn't see the typical breakout from a triangle I would expect from a valid triangle pattern.
This does not however change my bullish outlook. In fact, I am even more bullish after looking at what...
Hello, after analyzing previous bitcoin behavior, it looks like bitcoin will reach 84k-90k before it tops!
Drawn on the chart I show how bitcoin has printed the same retracement pattern back in January as it is right now. This was right before it rallied to that 64k area!
A similar move now would take bitcoin to around 90k!
Personally, (don't hate me), I...
A look at the macro shows a very bullish out look for ELON!
ELON is holding a nice support and inside a bullish pennant.
It also looks like we'll close the day candle with a very bullish candle consistsing of a long blue wick showing bullish momentum.
It looks like our patience is going to pay off but anything is possible...
Updates to come...
As many have probably noticed, the crypto market took a small hit this morning in result of the stock market dump at market open.
A small dip in crypto as a result of a stock market crash is expected but crypto should see a nice and quick recovery imo as people move out of stocks and into crypto and other assets.
As far as ELON goes, it has...
AHHHH.... what now?
It looks bad...I know.
But...I am not worried unless we close a 4hr candle below that Orange line.
I try to keep my charts simple for my post but because I know many are concerned on our position in ELON, I have decided to publish all my lines that assist me in my analysis.
In my last post, I mentioned that if we fell below that grey line...
SHIB has been in a downtrend for a while now and shows no sign of reversing anytime soon unfortunately.
I have been holding off posting an update in hopes of seeing something indicating a reversal but have realized that the most likely scenario is that SHIB continues to the green dotted support line before entering a long ranging period where...
Our trade on ELON is taking longer to play out than originally expected however, I remain very bullish at this point in time.
As seen in my chart, we have been following an uptrend nicely with no breaks of support after the bear trap earlier in the pattern where we dipped below briefly before immediately rising back into the pattern.
been on a trip and know I haven't posted for a while so I will be updating on different charts throughout the day.
Starting with ELON which is currently bouncing around inside a bullish triangle on the 4hr.
A break up out of the triangle would trigger a massive move to the upside.
As with any asset that is going into price discovery, it is hard to...
SHIBA is currently headed back down to the .00005740 support line.
A number of things could occur:
1. SHIBA reaches support line and consolidates for days.
2. SHIBA reaches support, bounces off of it and begins anther leg up.
3. SHIBA breaks right through support and continues bearish movement to the dashed or dotted suport lines.
Right now, my bets...
I received some negative feedback on my last post from an account claiming I was a "troll account" posting "misinformation" because I posted a short position post.
Let me make clear. I simply follow the charts and post my true analysis regardless of bias towards an asset.
My last post played out perfectly as I predicted.
It's okay to be short sometimes. 🙂