Good morning trders BTC forming price structures very simmilar to what we have seen before, usually price action doesn't form 100% the same way but it's worth to pay attention.
Tell me your opinion!
Hello traders. Here he have present a well known triangle pattern. The supoort was tested many times taking liquidity from it as each time after the price takes liquidity the pumps are smaller. Let's wait and see if the support breaks. On the other hand if the trend breaks the price will just return to its distribution zone ( see ETH example). This type of pattern...
Hello traders XRP is forming an acending triangle in a 15min the target is calculated by measuring the height of the triangle and put it on the breakout.
Give your feedback
Hello traders, i was watching this set up, imo this is a descending triangle playing out.
The estimated target is the green trend and the dotted trend is a projection of the lows.
We can try to predict the bottom by watching divergences on the RSI and the volume.
Give me your feedback
Hello traders, i was watching this pair for some time because i shaw here a cup with handle forming, but the theory says that the handle shoul retrace 1/3 of the formation of the cup that is equivalent of a .382 fib level.
i´m just wondering if the pattern is totally invalid or not?? Because it retrace .702 fib level.
Give your feedback, Thank you all.
Hello again, it is forming a pennant in BTC , theory begind this pattern tells us that a bulish move will continue after a fast consolidation.
But there´s still a gap between 19000-18185
The height of the breakout move is calculated from the bottom to the top of the hole bullish move. That gives us a price target of 21000
Be carefull trading the pennant, wait till...
Hello traders just learned the diamond pattern days ago, it usually forms at tops and sugests a reversal.
The breakout is approximately the same height as the formation.
Give me your feedback and if you know something elso to make it more complete comment plz.
Good trades.
Hello traders, i analysed gold parabolic move, and i realized that it moves by fractals.
It usually has a big blast then consolidates in a falling wedge to the 0.382 fib.
I also realized that at the final piece of the falling wedge gold makes a fakeout to the upside before the real move.
Give me your feed back! Thank you.
