Hi, this is my personal possible scenario for AVAX, this scenario is based on: trend lines+RSI+Elliott waves.
Charting is just a personal challenge for me, trying to predict the market behavior. So don't take my chart as a financial advice, and be extra careful with your money.
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✅ A big Cup & Handle has been formed in the last few months
✅ A breakout of this pattern has happened few days ago
✅ We need a daily candle close above the 1.11$ to confirm the...
Hello guys , $MOVR has been around for days now and it's doing a great job so far. From 160$ to 493$ (ATH) in a matter of a week is actually amazing, i think that this is just the start since it has not been yet listed on Binance.
For the short term the chart is showing that $MOVR has formed a bullish Flag pattern, you should be ready once it breakout, both MACD &...
First i need to say that the yesterday flash crash can't and won't be expected by TA, a 25% (or more) drop of the market is something abnormal, and i think that Technical analysis will never be able to predict such a thing.
As for the crypto market we seem to be in multiple triangles (ascending and symmetrical). most of them suggests that the crypto market will...
Fantom (FTM) has formed a bullish cup & handle formation, Fantom has also made a breakout of the wedge. Expected targets are shown in the chart. Trade to be watched closely.
I am not a professional trader, i am just sharing my ideas so we can hopefully learn together and become better at this, critics and discussions are welcomed.
This is a simple idea i wanted to share,The market tested the lows and will test them again, if it fails to break under the 0 fib level than i think that the crypto market is going to recover it's bull trend very soon.
$MATIC is one of the few coins that are doing good in those bloody days, a new breakout of the bull flag has been made by $MATIC, we just need a candle close above 1.9$ (ATH) to confirm our idea, we don't want to trade a false break out.
Our target for this trade will be 2.15$ and 2.5$
After it's last breakout, #Nano retraced back towards the $10 where it found a nice support there, retested it again forming what we hope to be a double bottom, this double bottom won't be confirmed until we break out of the bullish flag pattern that has been formed while retracing.
The volume here is still low, so need some more volume beside a candle close above...
This chart represents the total cryptocurrency market cap (calculated by trading view), its a bit different than the Coinmarketcap.com chart but it can give us a good idea about the market sentiments.
The fib channels suggest that the market is still in a bull trend, the market also has more room to grow in the 1.61 channel.
In the last few week we had a nice cup & handle formation, cup and handle pattern is a strong bullish sign, sometimes its tricky,
but in our chart we had the bull trend confirmed, also our analysis for the VETUSD pair confirms the strong bull run that VET is having.