Looks like we're back into the downwards channel after another failed breakout,
My opinion is we're likely to go down further and reach $500 or $400 before the next upturn, depending on whether the buyers are happy to pay $500 or $400 will determine where we bottom out
I'm gonna buy when we've properly confirmed a breakout from the downwards channel and some...
We've been in an uptrend that broke on the 8th of May and we've been in downtrend that's only slightly steeper since.
The trend channel resistance was tested on the 15th of May and we're heading back towards the resistance now.
We've also bounced of a new trend channel that looks like it might be forming which may confirm an uptrend that is less steep than the...
I predicted this head and shoulders last night but forgot to post it haha,
Looks like we're forming a Bull Flag before jumping to the next target area (green rectangle)
I was pretty close to selling if we didn't have a raise within 24hrs however there is new life in the charts, we've just got to hold on to a new trend :)
Looks like Eth has a new wider trend line and it's just in the process off bouncing off the bottom of it.
If it continues up over the next 4-12hrs i'd put in a buy if you want some.
If it keeps going down and the 20d lead crosses below the 23d lag over the next week I'll be out of all crypto until the lead peaks its head out again.
Flag has grown larger, I'd hold off entering the trade until 530+
Predicted 523 within 4hrs then a drop down in flag or extend up.
"15min chart, you can see a cup formation beginning from 20-24 March, with the handle forming from 13/14 April, coinciding with a current high and tight bull flag .
Entering 1/2 of your buy trade should be...
15min chart, you can see a cup formation beginning from 20-24 March, with the handle forming from 13/14 April, coinciding with a current high and tight bull flag.
Entering 1/2 of your buy trade should be considered when price breaks out from the flag by 1-2%, coupled with a 1-2% stop loss and entering full trade when breakout above 527 (530+).
Lead SMA to...
My first post of hopefully more to come!
Please note, I have no formal TA training and the lines are just a rough guide to get my main SMA crossover point across. Please also forgive me for my vague phrasing.
A friend and I have been researching and testing a few different neural network models, LSTM and reinforcement. We are now getting deeper into the LSTM...