Head and shoulders on 1D chart BTCThere is an inverted head and shoulders on 1D BTC chart.
Any thoughts about thay?
1daychart
Current falling wedge on the 1day btcusd chart.Based on todays wick we may have just retested the top trendline of the wedge. However there is a chance this yellow trendline is a more valid top trendline and that we are already up above the wedge. I have included both just in case. Ultimately if we were to break above the green trendline here or in the next few days the measured move of that breakout would be somewhere between 62 and 64k. *not financial advice* Let’s see what happens.
GBPJPY Trendline + Support 1Di am showing my analyse of GBPJPY. We are in downtrend and i am waiting for breakout of an trendline, I am bullish on this, because my view is, that it will don´t cross an support. RSI is low and we will get a lot of reports for GBPJPY.
NOT FINANCIAL ADVICE
if you admire my analyse, please hit the "like" button, stay safe.
Previous AVAXUSD chart w/the potential Descending triangle addedNot 100% confident about this descending triangle pattern yet. But if it is indeed valid then the price action should head towards the 158-160 target before too long with some resistance on the way there at around $130 or so depending on where we retest this ascending yellow trendline at.
AMPY Consolidation + 1DSo, in this post, i will show you an analyse of penny stock called AMPY (Amplify).
We are in consolidation , strong support , i am waiting for breakout of resistance.
NOT FINANCIAL ADVICE, ONLY FOR EDUCATIONAL PURPOSES.
1D TA - POND in interesting areaPOND has reached an area of interest for me, added some to my bag and will see how this plays out. POND is known with incredible swings up so.. nothing more to say.
Vecahin forming a bearish flag!Here is my TA for Vechain , from my perspective there are two good trade opportunities. One being long to hit 0.20 and finish creating it's bearish flag formation and then a short at 0.20 falling to a strong recent support level being at around 0.5800.
I recently bought in at 0.11000 and I'm hoping to exit my trade and start a short at 0.20.
I would really appreciate any feed back and opinions. Many thanks.
ZECUSD finally triggers doubles bottom & reaches target.We can see the initial target for the double bottom breakout has been hit. Now the question is whether or not the higher target which is the Inverse Head and Shoulders breakout target will be hit or not. Odds are good it will be, however we may see a retrace first.
Alt market wants to explode to 2.4 trillionIn order to do so however it must first break out o this cup and handle pattern it has been forming. Many alts at the moment including Ethereum and Tezos are in similar cup and handle patterns. Just waiting on price action to firmly break above the rimline o the cup and lip it to solidified support first before we can confirm the breakout. It could take it’s sweet time locating just under the rimline for multiple daily candles before I ally breaking above. It could be as early as tomorrows candle or it could be multiple weeks away still. Whales may very well be waiting until they see a bunch of people flipping their alt holdings into btc before they finally try to trigger the total2 c&h breakout. Either way, I don’t anticipate most alts currently in a c&h having their breakout until we see the total 2 chart confirm its breakout. My guess is we will see the breakout sooner rather than later as I anticipate the 1 day 50ma(in orange) will maintain solid support and help to lift price action above the rimline and keep it there.
An inv h&s I haven’t posted an idea on yet.Been watching this inverse head and shoulders on btcusd in addition to the myriad patterns I’ve already posted ideas on. Just yet another bullish pattern overlapping all the other bullish patterns to add even more bullish confluence.
The handle of the cup is in a descending channel/bullflagOdds are good i we continue to consolidate inside this descending channel(in green) that we will find support when once the 1 day 50ma (in orange) converges with the bottom trendline of the channel around 55944-56k or once it enters inside the channel. So my guess is the bottom of the handle will be around that 55.9-56k range. Of course it could also do a bear trap wick below the channel too before bouncing back up to close the body of the candle inside the channel for it’s last correction before more upside. Either way we should probably know within the next few days.
Solana has an interwoven c&h & a bullflag currently in playDotted yellow line leads to the c&h breakout target. Dotted green line heads to the bull flag’s breakout target. We are already above the bullflag pretty significantly, and to get to the bull flags breakout target we would have to both breakout of the cup and handle as well as reach it’s breakout target first. So great bullish confluence to increase the probabilities of both targets being met. *not financial advice*
Boeing LongTriangle pattern near to be broken, it could go down too but the rejected supports make me think that the break will be up
Linkusd wants to attempt an Adam and Eve double bottom It is a descending Adam and Eve double bottom so uglier than the usual textbook Adam and Eve but as long as the rest of the crypto market breaks bullish it should operate the same way a normal Adam and Eve pattern would. Of course it hasn’t even really breached the neckline yet so its nothing to get excited about just yet only something to keep an eye on for now.
Ethusd Appears 2b confirming bullish breakout of Bullpennant andAlso confirming the bullish breakout of its triple bottom! The dotted green line shows us our bull pennant measured move target and the dotted grey line takes us to the breakout target of the triple bottom. In, reaching our triple bottom breakout target it should very likely confirm the breakout of the bullish pennant as well and continue to send ethereal to new all time highs. *not inancial advice*
SOL/USDT in 1 Day Time FrameQuick chart analysis of SOL in 1 day time frame where we can see a symmetrical triangle taking place right now, in the daily chart SOL has a bullish trend so this symmetrical triangle is more likely to break to the upside but anyways we want to wait till further movement confirmation.
1 Day breakout trend line near price after earnings.According to the earnings the net profit has risen 4 % in (QoQ) and 9 % growth on (YoY)
My idea is to buy near 790.50 to 785.05
with a stop loss of 779.90
For 1st Target of 817
2nd Target of 860 (with a trailing stop loss)
I think that there will be a bounce back from the 1 Day breakout trend line as the earning are flat to positive
BTCUSD c&h pattern just got a higher breakout target.With the current $4,000 correction in the bitcoin price that I was anticipating shortly after we achieved the higher high / new all time high, we have now officially started forming a handle to the cup we just completed. I was not anticipating we would go all the way to 57k before the correction however. Because o us reaching 57k first the rimline of the cup now has a slight incline to it which increases the potential breakout price. Had we stayed pretty even with the previous all time high the breakout target would have been around 98-99k. Now the breakout target can be as high as 104k if we don’t breakout before November 10th and even higher of a target the longer we wait to breakout after that. I’ve seen cup and handles trigger with very small handles in the past so This one could even trigger before November 10th. I just arbitrarily selected November 10th as the date to get a rough estimate of what the target could be like. We could breakout sooner than that or later than that. The handle could go much deeper than just 4,000 as well. I personally don’t think we will break below 50k and actually anticipate $51333 or so holding candle body support. We will see soon enough if I am correct. I also think the 1 day 50ma should likely hold support as well. *not financial advice*
We could correct here and still have formed a very nice cup.I think we can still reach as high as 64150 and possibly a new ATH even, before any sort of correction. However, if we were to start correcting here instead we would still have a very valid very nice looking cup to start forming the handle on. So I’m gonna go ahead and chart a speculative one here for now. There’s always a chance we don’t correct as well and keep continuing up eventually going to high for the cup to be valid anymore. For now though while we are consolidating a bit it seemed worth charting what a potential cup at this price action could look like. If we do indeed correct here this red handle projection is about as deep as I think it will go assuming the 1 day 50ma(in orange) would hold support. The measured move breakout rom a cup at this level would be around 98k just slightly higher than the 97k target the breakout from the 3 week chart bull flag gives us. Gonna post neutral on this one until I see how this plays out. As of now there’s no guarantee we will even get a cup and handle, but the probability does favor it.
DOGE barkinglooks like it wants to break that resistance trendline starting in May, significant level .2624 is above head and 200sma also on that level, making this crucial point to get above for any chance to get more upside action. Between 200 and 20 is mostly crazy behavior for the price action, bouncing up and down few times before direction is decided. MACD is bullish, but SRSI is high and we could see some pullback. RSI could use a bounce from 50 level, if going further down we have more chance to visit 20sma before try to take over 200sma. If that 50 don't act as support, we could even see a retest of support at .1983. Before this is decided, I recommend only short-term plays with DOGE... Good luck traders
