As seen on this chart, BTC looks to be making a new low.Yet we will see if this plays out when BTC hits main support. Stop loss just above support if you see this going down towards target. I can say that this will most likely happen given the fact that the weekly RSI isn't done moving down.
Just a reminder, we will most likely see BTC bounce on...
The charts I been looking at today have pointed out that there is a possible double bottom. That all hinges upon the completion of the neckline of course. So if anyone is in on this trade beware that it could go either way. Especially given the fact that this chart is pointing towards 2 bearish patterns. I am expecting a reversal but will swing...
Looking at the H4 chart we can see the potential for an inverse head and shoulders pattern, which to me looks highly probable given the fact that BTC bounced of the RSI yesterday and is now moving in an uptrend forming what looks to be the completion of the right shoulder of this IH&S pattern.
We also had this same pattern yesterday on the 30...
Looking at the IH&S we can see that there is a potential run up towards the target indicated on this chart.
The Gambit stoch and trading suite along with Godemode3.1 says all systems go, not to mention the hidden divergence we have been seeing on the H2 chart; which began at the formation of the left shoulder.
Not trading advice.
Looks to me like BTC has lost momentum and is prolly headed more south in the coming weeks according the patten and indicators seen on this chart. Who knows how long but I am guessing November???
Not trading advice, my personal view,
TRX has formed a bullish wedge.
I suspect a breakout before we take a larger move downward towards the Inverse cup and handle target.
Thank you for taking time to view this chart.
Not trading advice do your own research before you trade.
4H chart has formed the Reversal Pattern of a double top. We can expect a move toward the target indicated on the chart. Also take note that everybody is calling for higher highs. BTC always goes opposite.
Not trading advice, do your own research.
Hello everyone and thanks for taking the time to view this chart.
I just wanted to warn everyone that there is a possible big dump coming...maybe today. I suspect 18 cents but could go to 15 cents. The pattern on the chart and the low RSI, Stoch and Cloud etc says it all. Not to mention similar patterns in XRP history.
This article you will want to read before...
As you can see on this chart, XRP isn't going anywhere but further down. According to this pattern and similar patterns you can find here looking backwards, this is a bearish triangle. Yet it could prove us wrong.
If it does turn around we would need to see XRP make a move towards the Ichimoku Cloud. That would be a risky early buy but nothing...
Most of my TA can be seen on this chart. Just like to add that we are in a descending price channel that has a bear flag within this channel. What this tells me is that we are going to be bearish before we return to a bullish move (price channel).
We may not reach the bear flag target but we will be testing supports on the way down imo. The first...
Hello Friends, just like previous posts I published. BTC is in a bearish mode and will remain so unless we are able to retest the upper resistance (marked on chart) and have a break through, otherwise BTC is heading south towards LL and LH.
We have a decline in volume since this years ATH and there are several bearish patterns that have formed on various time...
Here on this chart we can see that LTC has formed and confirmed a H&S pattern. I had mentioned a large cup and handle on a previous post with expected price moves but indicated that I didn't believe that the pattern was going to make such a bullish move given the fact that there are many bearish signs and different bearish patterns.
This is just another idea about where BTC can be going long term. I have posted this recently with updates on this chart.
Details on the Chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest...