BTC was previously followed by by 2 bearish patterns along with 1 MAJOR BEARISH channel. The main watch...Recently the prior bearish pattern did turn Bullish and as you can see we now have a Bullish Channel with Higher low's and higher high's. The problem we still face is the major BEARISH channel if you zoom out. Not only that but everytime BTC tries to make a...
Looking at the intra-day chart for EOSUSD, the price action on the retracement is starting to look weak. Could this be the bear continuation about to start? Price is slowly grinding along with no real volume or momentum. I'll be watching for a break of the trend line for a quick trade trade to the downside using STOP-LIMIT order. This way, price can keep...
so ive been following LTC because i like the fact of LTC being the "silver" of crypto if BTC is GOLD. this is a very structured bearish crab. that i believ will play out in the next few days. today is tuesday 10:45 and we are approaching our D leg in the XABCD pattern. i will be buying ~$77.81~ low and swing for my D completion, selling at ~$95.25~ high. keep...
I see a clear diamond pattern on the chart. at an early date we will see the way of the chart. Good luck!
Traders, Got the pro feature for some extra detailed analyses for you, to explain my reasons for entry better. Everything is in the chart for a nice short opportunity on EURCAD. Potential entries if my rules are met at 1.56200 SL: 1.58156 T1: 1.51860 T2: 1.49166 Best regards Follow me on: Twitter: twitter.com Stocktwits: stocktwits.com
Etherium is looking nasty. Price has poked through and is now testing the DAILY trend line. Given the weak nature of the rally from the last re-test of this trend line, I'm expecting another break and close below. Targets are the 1.272% and 1.618% FIB extension should a break occur. If this really is the trigger point of the daily breakout pattern, the...
Looking at the hIgher timeframe on Etherium Classic, we can see a BEAR FLAG is starting to form. I'm looking for a swift clean break to the downside with Target 1 at the 1.272% Fib extension and a 1.618% FIB extension. I will be using a STOP LIMIT order to catch the fall. This trade does rely on how Bitcoin -1.00% reacts over the weekend of course. But with...
Attempt #2 to short EOS has finally presented itself. Reasons to consider a short sell on a confirmed breakout: Pattern complete with a defined consolidation zone Decrease in volume with a tight squeeze Risk to reward meet's criteria and allows multiple profit taking targets Disclaimer: This is only my opinion, make of it what you wish. It is not...
Support and resistance. Rettagle pattern. Dual Time Frame trading (3h, 15m).
Let's surf the Waves on Bitcoin. I've used harmonics, Elliot waves and ofcourse their corresponding fibs. All waves are labelled clearly. Classic impulsive 12345 with a corrective ABCDE for each wave. If we're wrong we place our stops tight. We take minium risk for maximum reward ;) Enjoy traders ;)
Along with BTC and the other major altcoin versus the USD, a pennant pattern is forming. If we were to assume trend continuation, a breakout to the downside would be the more probable outcome. Should this occur, a projected target from the consolidation zone that has almost complete is shown @ 0.46 satoshi. Great risk to reward should this pattern play out. Note...
Keep close attention on EOS. We might be in for a nasty sell-off.While not a perfect pattern, it appears to have triggered a sell trade. With a 5.64 to 1 risk/reward ratio, this is a no-brainer trade for me. Profit target near 7.97 with stops above 10.78. Execute the best trades. Profits will follow. Disclaimer: This is only my opinion, make of it what you...
Looking at the chart of zcash against the Dollar, price is within a rising wedge pattern. The RSI is grinding up and appears to lack any conviction. Odds favor a downward move. Targeting the 38% Fib as the first target should a breakout of the pattern occur. Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Bullish Failling Wedge BTC Fibbonance Next Wave Start on July to October. GO LONG! First Tarjet 10,000 dll .... then 1X,XXX. (I don´t know if we are going to get the tarjet on september but the next wave is long) Trade SMART! Trade Safe!
Careful with the ETC pump today on news event. Presents a great opportunity to short if the Bitcoin weakness continues. Intra-day setup trade opportunity. Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
At the moment BTC price on the 15 min chart is above the consolidation box! The box has tested twice and bounced from there! Here are possible two scenarios - right now this triangle pattern works as a continuation pattern, if we break upwards then our next resistance area is @ $7000-$7200 but if the break happens downwards then we are again in the consolidation...