LTCUSD made a breakout from a major resistance yesterday. (See related idea) Now it has made a flag where it will be good to add to your positions. Litecoin is on the track to hit 500 very soon.
I'm very much a dilemma right now. Scenario 1 - It is making a flag and is about to break through the upper level. If it breaks that we will most likely see the price surge to more that 500. However there is a lot of resistance to for it to break through. I also see another pattern Scenario 2 - It is following the uptrend but it has now broken it and made a...
Hoping a downward trend on it now, if you find this analysis useful then like and comment :)
Looks like a pennant is forming for an overall downward trend until 2018. Maybe an announcement will take place? Expect to start the new year with a bang? I hope so!
Here I think we'll see some push on DASH, as we get closer to Coinbase's announcement tomorrow to list some other additional altcoins. Following DASH's patterns, we find some support lines which may show us some movements. What do you think about DASH and it's short term future?
Looking for feedback on XLM outlook. Agree? If not, please provide feedback if possible to help in the future. Thank you!
I precise that the correction can come later, so the long entrance will be upper.
Rising Wedge seems to be forming. Potential entry point below support, stop-loss above resistance. Target at major resistance level, around 11500 What's your opinion about it? Your comments are welcome!
Based on a number of highs and lows, I'm attempting to forecast the swings and general direction of the trend line. I'm thinking things will pick up in about 5-6 hours and start a bull run, achieving the bull run toward $800 USD. I think it will stall a little over $800 USD through tomorrow morning before eventually running back up to $850-$875 USD later tomorrow,...
Hello traders! Right now EURCHF is on the TOP of the daily channel. The actual developing structure we have is a rising wedge structure, which is a trend reversal pattern. We had the first strong down impuls on this pair based on the CAD strength. We are expecting a bigger correction at this level. Be patient and wait to see how price action develops. If the price...
it gonna long, if you liked it then comment and thumbs up please ;)
Good retracement on longer period trend.
Hello traders! Litecoin is a winner in the last 2 days, it had the biggest move of the crypto market. There are investors that are pushing the price up aggressively. We are looking only for buys on this crypto. If you are already in, keep your position. If you are not, don't jump right now into the trade. Wait for a flag first. Follow me for future updates. ...
Hello traders! Right now ETHUSD is on the TOP of the daily channel. The actual developing structure we have is a bullish flag structure, which is a trend continuation pattern. We had the first strong UP impuls on this pair based on the ETH strength. We are expecting another wave UP after the correction at this level is over. Be patient and wait to see how price...
Looking for a long trade on the completion of the blue butterfly pattern. Aim is to catch the final leg c (pink) of the larger wave iv (purple).
AUDUSD formed a 2x2 candle pattern on the 4h chart.