Now after BTC break the 40K support, we found another bearish signal while doing analysis ITS A HEAD AND SHOULDER PATTERN in 2days TIME FRAME its clear that bearish divergence appears in the head of HNS. Now neckline shows that a possible 28-30K scenario it will dump. otherwise if this will be an invalid HNS, the bullish divergence his forming could reverse the...
As you can see, a Rising wedge pattern is there in Luna. Now using the pattern to know the retracement , we will have on 69-70$ area At the end of each pattern, for sure there is a divergence. Confluence in Rising wedge, we see a bearish divergence on the apex side of the wedge. If you will un FIB retracement, It will have almost the same retracement in 0.618...
Well my chart posted last Dec 25 with Elliot Wave pattern is considered valid Although Bitcoin surge until 39K last Jan10, it bounces back immediately and now the bullish divergence is still playing. Another bullish sign is the falling wedge with a DRAGONFLY and DOJI Candles in support/apex area So still my follow up post in Jan 5 considered valid as of...
My previous chart is still playing and valid Now a bullish divergence showed in 2H TF for luna. Broadening Wedge is there but Seems there is a lack of sign of reversal since in Day TF, its CCI/RSI Just went to oversold and can form a valid divergence as well. The only cons in this chart is the market trend/phase, we have a death cross in moving average. Although...
We can see a similar pattern last May 2021 on what's happening to bitcoin now. In my previous post I mentioned that it may go down again to 42K area to make a similar accumulation move last May2021 and to complete the bullish divergence, Now that chart is playing Although I'm not an expert in Elliot Wave, thru the help of other expert, I can see that wave2 can...
What i posted last DEC28 is playing now Expect a retracement similar to last session - 0.5 to 0.618FIB MACD crosses already above to confirm the bearish scenario for a while as part of retracement Luna on retracement phase before going to ATH again
We can see a similar pattern last May 2021 on what's happening to bitcoin now. Possible that retracement is not yet finish for form a perfect bullish divergence and may go down to 42K support. Elliot Wavers which not my expertise says we are on Wave 2 or possible Wave 3. Which ever is the correct one, I will go back to fundamental and basic technical analysis...
Bullish Divergence at SUPPORT AREA for DOT My Asasii Strategy Applied (my personal strat) Possible Bullish scenario in the coming hours due to clear indicator and support area in 1day TF
My other previous chart in LUNA is playing which i made last week. Now everyone is seeing a rising wedge but still many i know believe it will now pump but for me its a bull trap for those who are thinking the LUNA now is a bullish trend and retracement is ended ;-) Check day timeframe
Another Bullish Divergence in SLP, is this what we are waiting for? for this kind of coin (which the earning coin in NFT games AXIE) we need to have a great news and fundamental analysis to support the pump. Lets see if this TA works since this is the lowest price of SLP since ATH
both 1 day and 2 days time frame have a clear signal of bullish divergence, yet in my own perception the retracement is not yet over but definite that it will be bullish soon. Mastery of Divergence strategy is important approach for this kind of TA DYOR and Trust ur own Tech Analysis. Just make mine as a guide if u want ;-) DM is the key.
Did you see this also guys, as part of Retracement in my previous post, I saw a Rising Wedge which is possible fall down 1st of Luna before moving to another ATH... Hope u see it as well
After reaching All time high, we should expect a retracement of Luna. In my previous post, Bearish divergence and triple top pattern appeared already. Now that chart is playing. In previous wave, it has a retracement in 0.5 fib, so lets expect a similar retracement for Luna before it goes up. Normally coins retrace in 0.618 FIB and this is another option. But...
Bearish Divergence in 1 hr / 4 hr and Triple top pattern for Luna ( Signs of Bearish Signals) After reaching ATH, a short retracement is coming . You can use Fib or check the 1st support level for the retracement DYOR , Be calm , dont be emotional on ur Trade. Follow your Basic knowledge in Trading
Expect now an uptrend in bitcoin once we break the 53K. indicators shows more bullish trend . Hoping that the correction and wave 2 is finished and we are on wave3. Lets see the market in the next days after this holidays. Used Fib Extension as well in my TA . Not an expert in EW , please bear with me, 1st time to publish in the community. This is just my...
Im expecting now an uptrend in bitcoin till it reached to 64-66K before another retracement , back to 53K-55K and hope to goes up-another all time high. Fib Extension shows the possibility after breakout. Basic Elliot Wave analysis applied, but still do your own TA, hope this helps.