byCelio

byCelio

As we had a little fakeout and from my previous idea and now had a break of the mentioned support, I am currently watching for targets to the downside. A potential pattern could be the ascending triangle, which has a target of 55.5k. This target would also perfectly fit with the daily EMA Ribbons: But I could imagine a retest or even a break of the...

byCelio

Hy everyone Looks like btc is fighting resistance at the upper trendline. Could be both a descending broadening wedge or an inverse H&S, target would be the ATH at 67k. Frist support could be at the lower trendline of the big horizontal triangle. Safe trading to everyone :)

byCelio

Will we have a similar correction into October like we had in May? The channel and Wyckoff Distribution could play out for a retest of the 37-38k region. Thanks @PAKABUL for the idea with the channel!

byCelio Updated 

Possible H&S on BTC according to the last crash from around 40k on June 16th when we lost support on the 50 EMA (1hr). Will be interesting to watch how BTC reacts at the 200 EMA.

byCelio Updated 

Ethereum got rejected at bottom trendline of H&S, likely a retest of the $1700 low incoming

byCelio

Cardano seems to be in a descending wedge. A breakout on Saturday would either bring us to the top of our upper trendline, which we haven't broken in the last two months at around $1.30, or it could bring us down to the previous support of $1.00. According to the pattern site dot com, descending wedges tend to break to the upside 68% of the time, so let's hope...

byCelio Updated 

Cardano got rejected at bottom trendline of H&S, target around $1.10

byCelio Updated 

Incoming H&S on BTC on 30 min tf

byCelio

Hoping you guys catched this trade

byCelio

Breakout upwards or downwards... What do you guys think?