Hi Guys, Nice clear picture of out target thats active as I write this. Only, be CAREFUL as we see lots of whales screwing with very obvious pasterns lately. Good luck!
Hi guys, Take a look at the 2 possible inverse H&S. a smaller one targeting $6,900 approximately which is the neck line of a larger inverse H&S targeting $7,200 As usual, these are possibilities and not certainties. We have to see if the patterns play out. The actual location of the right shoulders will play out. I only show them for illustrative...
If we want to get out of the H&S possibility, BTC needs to go above $7,132 to inspire some confidence and buying. Watch that level. A drop below The potential neckline of the H&S may send us down to between 6.6 to 6.7K.
Hopefully, this means we continue up really soon. The short term target is $7,200 as the target of the bull flag if the its really that and the flag does its thing. There has been some whale buying that brought us up here. Bulls and baby whales really need to step in here and pick it up or we are going back down to the original 5-6K target... Very exciting day...
Take a look on the 4H chart. This has not been the case in a while. I'm expecting a bounce anytime now.
Take a look at the chart. Even though market looks really weak, the pattern is there. Lets see what happens. A short term move up may be what it takes to kick start the bulls.
Hi guys, XLM is bound for great things as a true 100% decentralized version of XRP. Regardless of the politics, see the charts. XLM is poised for a major break very soon. BTC is leading the pack with very bullish moves which is pulling altcoins with it. Should XLM complete the inverse H&S pattern shown on the chart, we will be targeting 0.00004BTC Good luck.
Take a look. We need a strong break out of Inverse H&S
If we complete inverse H&S with strong candle above neckline, we should ride up to $0.68 If that happens, we complete a much larger inverse H&S breakout with minimum target of $0.88
Hello all, On the 30 min chart, If pattern completes and confirms a breakdown, we should be seeing 8.4-8.5K BTC in the short term. Completion of the pattern also completes and breaks down from the bear flag that seems to have formed in the right shoulder. EMA 20 and EMA 50 are close to forming a death cross which would pull prices lower. After bouncing off the...
Hello, Looks like we are close to completing a H&S with downside target shown on chart. I do not think this bear market is over so keep a close eye. Good luck!
Hello, Looks like we are close to completing a H&S with downside target shown on chart. I do not think this bear market is over so keep a close eye. Always wait from confirmation of strong close below neckline before shorting at those levels. Good luck!
Hello all. First I would like to apologize for the chart sizing as I couldn't find a way to get the whole idea in and give you a clearer current view as well. Suggestions/tips on how to do this better are welcomed and appreciated. Looking at the 4H chart, we have 2 rising support trend lines . One connecting the December 21 and Feb 6 lows (which we violated...
Hello - BTC is close to violating the March 15 pivot support ($7665) which if it does, will induce further bearish sentiment. I initially thought 7.5-7.6K would be the interim target but market is Probably sending BTC down to between $7,200 - $7,400 range. I think we will bounce a little at those levels before we continue down. First off, I would like to see...
Hi guys. ETH has broken down from the previously identified bear flag and is targeting $500 Market is down everywhere. BTC is headed to 6K and maybe lower, XRP is bound to test $0.57 and maybe lower... No EMA support underneath these coins now so only trend lines and market sentiment are left. Trend lines are bearish and market sentiment? I will let you...
We just violated last important low pivot point from March 15. We are heading further down. Next main target: $0.57 There will be some opportunities to swing trade on the way down for the strong at heart. Good luck and if you like my ideas/charts/commentary, please encourage by LIKING & FOLLOWING me.
Hello to all. We are continuing down. H&S complete but looking for more sell volume to confirm strong downtrend. Good luck and if you like my ideas/charts/commentary, please encourage by LIKING & FOLLOWING me.