BTC - Flag and Pennant or Ascending Triangle Target is the same.
This chart is based on fractals which were seen in the previous ENJ 5 wave impulse and retrace. I have never based my chart of fractals before. FYI. This chart has held steady for the last 48 hours. - mid range chart
Seeing some nice gains on BNB and some potential patters to look out for. I saw a nice H&S on the 12H and 1D and while watching that close, I noticed potential for a larger inverted H&S also on the 1D. The projected rise on the smaller inverted H&S should close the Head on the larger inverted H&S. Here the trend can continue on up or retrace a bit and maybe...
Forming of an Inverted H&S shows clearly on the 5D and multiple other time frames. Retrace has been the typical for this latest BTC rally (3 months) where after closing the pattern it will retrace deep to the tip or just below the right shoulder and then start to rise again. We also have the middle of the .786 and the .618 falling directly in this area. I...
IOTA weekly chart even more impressive.
Showing in the 1Month charts Jan 15th 2018 - Present the building of an Adam and Eve pattern and we are at the bottom or near before the back half of the pattern. Showing on the 1W charts May 7th 2018 - present the building of a large descending triangle. We are nearing the apex of it. Time for it to break out or break down. Things which support a break...
Showing in the 1Month charts Jan 15th 2018 - Present the building of an Adam and Eve pattern and we are at the bottom or near before the back half of the pattern. Showing on the 1W charts May 7th 2018 - present the building of a large descending triangle. We are nearing the apex of it. Time for it to break out or break down. Things which support a break...
This is a nice looking play in which I like to gamble. 3D chart and 1W charts are currently building an Ascending Triangle. I would be watching for SNT to re-enter this triangle, and continue on upwards slowly until reaching the top line. The speed of this ascent being either slow or fast will dictact I think the direction we go when we get to the apex of the...
SNT - 1W support chart for other idea. Status Network Token is looking like a nice mid to long hold here. I will be watching for any breakdown and re-assessing.
This is one example of why Elliot Wave Theory and Chart Patterns are so neat. Check out this chart. You see a bullish inverted H&S nested inside of an much larger H&S. Which will complete and then confirm? SWEET!
Etherium has been forming an Ascending Triangle for the last 6 months. Small gains available while the formation decides if it will complete. What to expect. completion followed by breakout and then a retest from the break out point to find support. if support is found and it resumes its climb, this will be confirmation of the pattern. Lots of potential here in...
ZEC - ZCash has been in a descending triangle which started on Feb 18 2018. 14 months long. It broke out on Feb 11th 2019 and formed an Inverted H&S. That was confirmed and it did a normal retest to the height of the Right Shoulder and has bounced back solidly and is heading back to the nick line. Things in play. 1. descending triangle 14 months long 2....
I have been watching ADA for the left shoulder and head on the 1D chart in a large pattern. I have been watching for the right shoulder to close. Now I see on the 6H a smaller H&S inside the right shoulder of the larger H&S. Should the smaller H&S complete the standard rise given for completion, it will close the right shoulder on the 1D H&S. This could...
TRX update - continuation of the big H&S to 33%
Cyber Miles 2D 1. CMT has retraced 82% of its May high. 2. August 14th it found support @ 0.00001102 3. rose through August 23rd to 0.00001889 4. September 12th it has retraced to 0.00001167 Finding support again. 5. It bounced off of that support with clear and increasing buying and volume pressure from bulls. 6. October 8th price broke the neckline...
Weekly XEM/BTC Long Fall *Inverted Bullish hammer *created with High volume spike *Double bottom *doji -- lets see this week close *hidden bullish divergence on the MACD
1. Basic Attention Token - has been on retrace since July 2. Tagged it previous low from March 3. Has completed a perfect 'M' shape 4. Stoch and RSI are near same level as the previous two runs 5. MACD is curling under 6. BAT is on a short list of coins to be added to coinbase I posted the setup 2 days ago to my trading group and didn't realize I hadn't...