put my pending orders in proximity of the pink line in hope that it will work, and will be significant bottom - after that i will waiting for realisation (minimum 60%) of so drawed IH&S formation (on closing prices of daily candles). I know it will be catching of dropping dagger, but risk/reward ratio is for me worth to do so, or even if the market will attack...
I like it. SL should be activated on weekly candles closing price (i hope it will be not activated). SL is not necessary if You plan to hold physical silver. Not a trading advice!
i'am waiting for attack of "bull" accordingly to this formation, in other case i'am waiting stil for 7000 area drop, from my previous idea. This is not trading advice! The system below is not for 15min chart of course so dont look at it. With lowering of volume since left shoulder to right shoulder this formation should be more reliable.
and there will be possibility to go here long with huge chances for profit. But situation must be observed of course, because market did not finished this drawing, can draw bearish formation too (related to this small solid redline on my chart) and retest or even create new dip around 20cents or even below this mark.
On the realisation level (of formation) and good support point from the blue line around 7000.
will be stupid if they will not create further scenario to fulfil formation like this. In orher case XEM wil visit lower low.
BTCUSD turns off uptrend (i hope only for a while). We see that last upwave looks like corrective one (triangle or other pattern is forming - in case of candles with shadows or priceline or candles close/open points), but after succesful attack on 10000USD may be viewed as impulsive wave 1, so nothing is lost. If You play only longs on this pair, You should not...
Seems to be endless, but testing of longterm trendline @logarithmic chart should give here some support, if not 10cents is imminent (or around it). Last buy signal from RSI gave some bounce but move from 20cents to 40+cents is a small correction in this downtrend. XEM reacts of course more nervous than BTC to dumps in the wide scene of cryptomarkets. My view...
Chance that next breakout will be succesful are always higher than prevois breakout. I hope that last bearish will be not fulfiled and XEM will build fast "five" (5th wave).
This time bullish. First targets 0.49-0.51$ Not a trading advice!
Will it be made? I hope so;) Not a trading advice!
I hope for not resuming here harder downtrend. Only correction is that what i want;)
for this targets, if this formations will be fulfiled. I publish it just of curiosity, as longs are in this situation not possible to scalp or midterm playing long too, so i stay aside and observe. Not a trading advice!
Looks that target is 0.435 Not a trading advice!
So target is 9900$ This is not a trading advice! Bitflyer is similar:
Look at the orange lines (they are logarithmic targets for the triangle -20% of logarithmicly measured upmove length - because market often not fulfil the formations in 100%)
This signal should be given today if the chart (1h and 15m) will create one.