Major pattern: Symmetrical Triangle Continuation pattern: Pennant a confirmation below 34 could bring prices to 28 ?? 23 ?? it seems strange to me that it can go down a lot, but the target of the symmetrical triangle is 21, and the pennant is exactly halfway, so it's textbook ..
Attacking 21 Jan Gap and resistance the turning point could be the February 10 candle 218 I doubt that such a trend can be reversed so quickly, let's see if there will be a possible pattern
Major pattern: weekly Wedge Anticipatory signal: H&S Continuation signal Pennant??
I would not like to enter intraday on a daily candle, but it is the second attempt this week I want to put 0.5% in daily chart and another 0.5% on the weekly close So, I buy now 0.25% and at the end of the day, if breakout confirmed, with another 0.25% Stop on 1849
the head and shoulders of the premature breakout has reached the target and now there seems to be a setup for a short entry on hard retest
half target reached, half position closed with trailing stop
Major Pattern: Weekly Rectangle 9-10 Feb Bearish Engulfing possible retest (possible anticipatory sell, low risk) Below 2000 will confirm Pennant
Friday's candle (and therefore also the weekly one) closed above the high of the right shoulder of the inverted continuation head and shoulders, confirming the figure (as analyzed last week) in theory, a first entry could be made already now, with a stop below the minimum on Friday in practice, the figure is large (I mean the main pattern, H&S started on Nov...
identical situation of BTC, but in this case the neckline is sloping down, so the cancellation point of the H&S is below 2700
A small bullish reversal H&S is forming from January 5th to today (the right shoulder is still missing) the neckline seems to continue perfectly the neckline of the bearish weekly H&S formed from August to January pay attention to the low of the left shoulder, a decisive break below 39000 would cancel the hypothesis of the reversal bullish H&S and confirm the...
Major Pattern: Weekly Descending Triangle Whit Retest Flag Entry 1: 26 Nov Entry 2: 21 Jan
a small daily H&S could lead to the upper side of the weekly symmetrical triangle, the target would be 1.7650
the good news is that the bearish pennant has not been confirmed pennants are continuation figures, not reversals, so a break to the upside does not indicate a trend reversal, it simply says the downtrend is under discussion for now now we are in the lateral phase up to a possible new figure of inversion or continuation
yesterday the dominance of Bitcoin confirmed the bullish triangle, thus confirming the rebound on the lower part of the main figure, the weekly rectangle could this mean that the fear of owning altcoins is returning ?? I don't know .. for sure many altcoin charts are not bullish
reversal head and shoulders, which would also confirm the bearish wedge first short entry on wedge break on January 21st new short on confirmation of neckline breakout at 1.306 or long on breaking right shoulder at 2.452
The weekly retest Hammer Candlestick corresponds to the retest flag on the daily chart Buy above 0.9138
Failure H&S confirms false breakout entry long on 9 Feb, stop intraday on 4H bar at 18.26, target 19.50
small figure of daily continuation, ascending triangle with only 4 (maybe 5 ??) points of contact R / R 3 entry 0.33%