Recently I have been liking to trade patterns instead I feel like this is one for me
ETC is one of the many alts who's currently underperforming the market. However, that doesn't mean that there's not trades to make. I'm looking at the top dotted resistance line as a target. With continued market strength we might break out of the resistance, but that's something for later.
In my latest SXP analysis I talked about my expectations of a reversal after seeing some bearish price action. My initial support area was not as strong as I thought initially. However, after reaching the 0.50 area there were ample investors waiting to step back in. On the chart you can clearly see a pattern of higher-highs and higher-lows. I think that there's...
watching ftt for a breakout of this ascending triange
OG saw a huge move last week where it gained more than 400% in less than two days. Since that time, OG has been steadily selling off and lost over half of its value. However, OG has been making a falling wedge pattern during that fall. With both BTC and ETH seeing incredible gains, it's in my eyes a matter of time before we get some kind of pump on OG. We're...
#BTC - Head and Shoulders pattern + HIGH ROOF Resistance. Can we break it? -> Look at the liquidity and volume which is super super super LOW. All indicators look like we are reaching this RUN's top. So be careful. - - - - - The head and shoulders chart pattern is a popular and easy-to-spot pattern in technical analysis that shows a baseline with three...
OANDA:XAUUSD Price is making Harmonic pattern , It's a possible cypher pattern C leg possible extension is 1.13-1.27 which is 2044-2060 area D led extension is 0.786 which is 1970 area After completion of X-A-B-C-D cypher pattern market can give retracement of 38.2-61.8 % For confirmation , C and D leg should keep in there maximum extension range to...
...from a technical point of view and looking at hourly chart, the answer is "yes"! Hello everybody! If we look at the whole bullish movement started from 22 October 2022, it doesn't seem to me an impulsive rally, far from it! The developed swing seems to be something similar to a corrective structure (ABC Pattern as shown on chart), and if this analysis is...
ES - We heading to key resistance.... Can we break above 4170 and go towards 4200 areas? Highs: 4170 - Lows: 4100 Pattern - Wedge up side target areas 4200 areas... We just had CPI as we have dollar declining stocks rising higher time will tell... Trade your own trade plan!! Trade Journal
Hello traders! In my opinion, in long term is pair is neutral. Be careful and wait for a confirmation! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
Each Leg of descending triangle comes with 61.8% Fibonacci Extension
A couple of week ago I made an analysis on Bitcoin and the fact that we can potentially follow an Elliot Waves pattern. For now, my idea seems to hold. With BTC breaking out this week, we're now in a huge resistance zone that goes back all the way to 2021 and 2022. Furthermore, the weekly RSI is approaching overbought territory quickly. We can easily move up...
Hello everyone! I've observed an interesting development on the 1-hour timeframe - a local trendline has converged with an important Fibonacci level of 0.618. If this trendline is breached, we could potentially see a strong impulse towards the next level. As always, remember to trade safely and responsibly
Hello Traders! Welcome back to another trade with analyst Aadil1000x. This is a nice day as we are in a position where a big move will happen soon. We are at the peak of that move. We are now at the reaction point and if there is a Doji candle or Reserval 'M" shape pattern above the reaction zone, then enter the short. It will testthe broken trendline. There...
BTC has been trading in a very boring fashion on the larger time frames. However, on the shorter time frames (like 15m) one can often find some decent setups. I've been following this bull-flag pattern today, which has seemingly broken out as of now. This could be the start of the bullish continuation from last night. Targets in blue.
OG has been on everyone's mind lately. It gained nearly 450% in under two days, so volatility is certainly here. I'm looking for a break out of the falling wedge drawn on the chart. Ideally we visit the yellow area once again, see some kind of oversold RSI (15m, 1H) and break out of the pattern. Targets in blue.
Tajgvk give a great breakout with W-PATTERN which make them more strong. Buy it at 201 Target 209 216 226 243 Sl 195
We see a daily breakout pattern within a weekly breakout pattern for Polkadot dear Crypto Nation🔵🟢🔴👀 That can lead to a huge bullish breakout with a new high on daily chart followed by a new high on weekly chart🟡🚨 Have a great day dear Crypto Nation😎 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not...