2hr time frame the AD is showing a stealth bullish Gartley on bitcoin. we're still in box consolidation and move in bitcoin is still gathering and picking up steam
so i'm looking at a bearish AB=CD pattern set up , i'm long from C leg set up.. I do see a future shake out if the inverse head and shoulders doesnt give way to breakout, that shakeout could set up a cup/handle pattern. I like to trade within multiple frames, and have an understanding of bullish/bearish continuation patterns.
Twitter, becoming a leader in World News, Sports, Gossip, Entertainment, Politics... This virus is pushing everyone searching for answers from -death, school shutdown, forced curfew, hospital updates, and more. I have a $60 Target based on the AD , this is a long term hold me off of C wave, where I'm looking to buy the dip
bear flag formed on the 1hr USDCAD right shoulder, I have a retest to the previous 1hr support level
after seeing a 2hr ascending triangle by AD, Im watching a base form on bitcoin on the road to 9200, there I will re-evaluate if it reject the supply zone and form a temporary handle. stay tune
See this cup N handle pattern witch started out on a smaller time frame and gave us this breakout out. Bulls still fighting, however, the apex of the triangle is acting like a strong magnet. Breakout below 1641, still short from higher entry. Im monitoring both sides Bulls: want a breakout from handle Shorts: attempting to push below the handle
ascending triangle spotted by the Accumulation/Distribution has $9200 target on 2hr time frame. good wee for bitcoin
monitoring for bullish continuation in the higher time frames. See 4hr live chart disc: long btc, xrp, dash
details on chart based on wave analysis
BTCUSD looking to complete this cup and handle then breakout on higher time frame
also if same trade to hold true, expect a repeat pattern based on wave analysis . this will play out on a higher time frame
Disc: taking a long position based on several inverse head and shoulders patterns seen throughout the chart. 1hr time frame showed an ihs by the AD, we are also facing an apex of the triangle, i'm looking for a retest of the old supply zone.
shakeout in BTCUSD, which attempted to invalidated the inverse head and shoulders (or disguise it) depending on your view. Looking for a retest back to $9k
this could set up a beautiful inverse head and shoulders pattern for Dash and cause a nice breakout into higher prices. The AD is currently showing a 140 target, have to wait to see if it confirms in future price appreciation. Disclosure, I have a position
details on chart
caught this pattern late on the 30min time frame, i'm a buyer above 120.50
based on wave analysis this is my forecast, noticed how gold also formed a larger cup n handle but it failed, and then invalidated the previous handle support
based on wave analysis and pending cup/handle breakout out, I see a future channel for usdjpy disclosure:long