XBTUSD (kraken) formed an ascending triangle following the upmove. We then brokeout higher, but failed to confirm, forming a "big M" double top. We threwback into the pattern (the triangle) and then we moved into a downbreak. We quickly pulledback, then moved lower, now we are pulling back again. The 50% fibonnacci ($8165) has seen price reject 3-4 times, making...
The blue is a ghost retrace of the last point the volume hit the same level as it did on the most recent spike. If this follows the same path ill confirm my love for patterns and quit my job.
Hey guys i noticed this pattern on LTCUSD and thought to count it too. The bearish correction seems to be over therefore i would recommend buying it. First target shall be the minute wave 3 (purple) with projection of 1.618 at price 155.40 Will update to see how it goes, goodluck!
Ok my crypto trading friends, you know that I don't post often here. But when I do something big is around the corner. This time is no different. In less than 3 days, I am predicting that little brother Litecoin is going to start his rockets and lift off. I don't make these calls often. In fact, I don't really like reading these ideas on TV because it seems so...
Hi, I watch RRT/BTC since January, now the pattern is close to the end of his road. I'm already in but it's not too late if you want to get some RRT (Bitfinex token - Recovery Right Tokens). We need big volume for break the triangle pattern and MA100 but all it's possible many trader just wait for confirmation before buy.. Have a good day, GLHF.
Traders, A nice looking bearish cypher formation completed. AUDJPY is bearish (D TF) so we can use this cypher for a trend continuation trade. Looking for a LLLC to enter. T1 at .618 of CD leg T2 at previous lows (C point of this pattern) Best regards, Have a great weekend! :) Twitter: twitter.com StockTwits: stocktwits.com
Traders, Picked up a nice "at market" gartley shorting opportunity. I will wait for a LLLC for my entry Best of luck this week of trading :)
Hey guys, The pair broke a H&S pattern and is now pulling back a little bit. The projected target (head - neckline) is at around 1.81850 to complete the pattern. Trade with care! Cheers Jesse
Hello guys, today I believe I have found an important repeating fractal that could give you a potential short-term profit. This current short-term downtrend, with this fractal, will run to 7k before hitting back to 7.4k. A huge falling wedge has also appeared. I have evaluated an approximate 40% increase in bitcoin's price after the breakout of the falling wedge....
Hello traders! RIPPLE is in TOP 3 crypto, the 3rd one, right after the BITCOIN & ETHEREUM, but it has the best RR ratio at this moment. The chart is very similar with the ETHUSD . At this moment XRPUSD is at the bottom of the daily channel. You need to remember that XRPUSD is in a corrective structure right now. We want to see a strong rejection from this...
AUDJPY BUY STOP ENTRY: 82.200 TAKE PROFIT 1: 84.250 TAKE PROFIT 2: 86.000 TAKE PROFIT 3: 89.000 STOP LOSS: 78.700 ENTRY TO TP 3 is 679 PIPS Disclaimer: This is a trade idea and i am not solely responsible for any mishap or unsatisfactory caused by the trade going in the opposite direction.
Good afternoon everyone! Today consider CL1! more globally. We have formed a classic figure: "double top". This is a very strong signal in a short position, the nearest support level is at the price: 61.27 (POC1), this is our immediate goal. If this level is broken through, the next target at the level of 57.63 (POC2), where the EMA 200 is located, overcoming...
We are still on a downtrend... But a dobbel bottom, on the 1 H time frame. Maybe we can break out og the Down trend, and make NH? Hope so. Let's see.
AUD is seeing price drop pretty fast so we'll have to see if this mild support will hold. There is a better level before it, but based on the time frame we could see a bounce at that level where the RTP-2 combines with support.