Doge made a reversal after a methodical retrace .618 retrace and is now bullishly engulfing on the daily candle while showin hidden bullish divergence (def. pattern of the month) .
Not the perfect entry for a long but less risky than before imo.
Credits: Seen on MitchRay's stream yesterday
The Compound Dragon pattern looks even better now, makin higher lows and potential hidden bullish divergences (as its tradition) developing on the daily and now bullishly engulfing on the last 4h candle of the day.
Bitcoin today never closed a 1h or 4h candle below 51k, which i think is very impressing at these high levels. The only thing the sellers achieved today was a higher low (again).
The sell offs seem to get bought up faster and it seems almost imposible for BTC to even test the heartline off the parallel channel again. Under this condition i think its very likely we...
After Months of steady accumulation around deep value areas Fibonacci wise (between .786 .886), consistent higher lows and hidden Bullish divergence on the 1d, 3d, weekly and classic bullish divergence on the 2d on the MACD and RSI, the Crypto.com Token CRO is finally about to make a massive breakout, which could pump the token to its former ATH and probably even...
I changed my View from it being a rising wedge or narrowing channel back to my first interpretation of the parallel channel, with horizontal resistance at the 49700 level which than automatically forms a bearish pattern that has no weight.
The rest of my Analysis can be found in the Ideas linked in this post.
Roche making higher lows inside a descending broadening wedgem, while showing signs of accumulation with a sell wall at 326.85$. The bullish engulfing candles on Jan 11 and the Marubozu on Feb 4 show that the demand for this asset is high at the previous Peak back in December 2014. The fact that there is also MACD hidden bullish divergence on the daily and the...
Novartis showin higher lows or/and a inverse head shoulder, inside a right angled broadening wedge, with a partial decline, while showing hidden bullish divergence on all three oscilators MACD, RSI and Stochastic on the Daily timeframe.
Its at the perfect spot for entry a long entry.
Target 1: 94$
Target 2: 103$
Target 3: 115$
Interesting Asset that i longed a couple Days ago because i like the Project which is a NFT.
Its a "Crypto-Tamagochi" that lets you stake money inside it via GHST tokens. You can also play with it and increase its value by buying rare items for it.
I believe Aavegotchi could go viral if ETH didnt have such high Gas fees. But if i understood it correctly, the...
My first tought off a Bullflag a couple days ago didn't played out as expected, so i took a closer look with the new data available.
Lookin at it now we can see bitcoin is inside a parallel channel and respecting the heartline of the channel almost perfectly.
The failed break out on Feb 9 should be disregarded since it was caused by the Tesla Bitcoin News.