By looking at the chart we can notice a couple of important things: 1) there is a descending channel with 5 waves 2) there is clear bullish divergence 3) formation of dragonfly doji candle on the daily These are clearly bullish signs. If etc picks momentum the price could skyrocket from here. Especially if it touches that upper resistance line ( the neckline of...
bullish divergence + descending broadening wedge just an idea for educational purpose
bsv completed an inverse head and shoulders incoming halving if it blasts past the red line, things might go very high not a financial advice, for educational purpose only
Btc in a rising wedge after the big fall. Could the fall not be over? If that was the case then this is the wave B of the ABC correction. If we break to the upside ( out of the rising wedge ) then the reversal would be confirmed, else things are gonna fly south, badly. keep an eye on it. Not a financial advice, just for educational purpose.
inverse head and shoulders momentum building halving in 2 days not a financial advice
Here we are with a perfect reversal, if this breaks above 345, the upper resistance of the ascending triangle, then real fireworks will come. It already corrected with an ABC wave, and there is a bullish divergence both on MACD and RSI. Halving is in 34 days by now. That said, we are in a bigger ascending triangle, which could propel the price to above 1000. Check...
Finally we have a clear chart pattern forming. Waiting for the completion of the inverse head and shoulders. There is clear bullish divergence on both MACD and RSI. Highly likely to break upwards and that would be the end of the wave E, in the bigger scheme. Check out my previous BTC post to better understand what I am talking about. Do your own research before...
Continuation chart pattern. Check the previous post about this one. Highly likely to explode. Not a financial advice
Is huobi about to get permission to operate legally in China? I have a feeling something like that is coming to sustain the growth of the ascending triangle. Not a financial advice, but given the technicals this one could be exploding.
Looking at the bigger picture, weekly chart. Bch has been accumulating since November 2018 (drama lama hard pork period). It looks like that accumulation is over. What a coincidence tho, this coincides with bch halving, happening in 40 days roughly. Keep in mind bch halving happens before BTC halving, and whales love to make as much money as possible. So the...
By zooming out you can notice that BTC has been accumulating since hitting the highest point in December 2017. Accumulating in the bigger scheme. This is also confirmed by the decreasing volume, which is what one would expect in an abcde-accumulation pattern. I believe we are right now in the last part of this huge accumulation: wave E. If bitcoin bounces...
inverse head and shoulders formed decent volume Moon time not a financial advice check my other ideas
This one is looking pretty weak: clear bearish divergence on the RSI red volume testing the support line multiple times If it falls under the support line, it's more likely we turn bearish in the short term. Remember to set your sl and take profit targets, because this could quickly bounce closing with a hammer candle. Check out my other ideas. As usual this is...
This one looks really interesting. As you can see in the chart, the coin has been in a prolonged downtrend against btc, until buyers stepped in forming a beautiful rounding bottom which could in my opinion morph into a cup and handle pattern. The buyers pushed the price higher from the bottom, producing a high RSI level, which needs to get lower. That's the...
Finally neo completed the inverse head and shoulders pattern. This is huge given that it's taken so long to form it, an invalidation would be hard at this point. A breakout above the neckline would be inviting in terms of long position. Just an idea, not a financial advice. Check out my other analysis if you want.
NEO/BTC has insane potential. Inverse head and shoulders pattern almost formed Volume is decent. If it breaks above 0.0014 then it's likely to explode upwards. Check my other ideas and good luck with your trades. Not a financial advice, just an idea
This one is gonna look great IF it breaks the upper line around 2734. We already have a hammer candle forming which indicated we might go up very soon. Volume is pretty green. If we break that upper line, then we are about to form a much bigger ascending triangle with a huge upwards possibilities. Do your own research before taking a trade, not a financial...