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Ascending

Ascending Broadening Wedge: Bearish short term, bullish LT While this company may be a good long term investment, it is bearish in the short term. This ascending broadening wedge is bearish. The gist is that its likely going to breakdown here (unless something CRAZY happens). The white lines are broadening wedge, while the yellow line is the daily/4hr trend (which it has now just broke support), and will likely retest the yellow line, then fall down to the first buy target (the bottom of the wedge) is $32. Then, if it continues to fall, ladder in those buy entries at those supports. This pattern is void if it breaks up past the midpoint. Fundamentals of this company are good though (so says my friend who is a nerd, because as we all know, fundamentals are for losers!) More info on wedges: forexop.com
TSX:LSPDShort
by TMoneyBidness
2
forexTrdr EURGBP - ASCENDING CHANNEL + OVERSOLD Morning traders, Easy to read pattern on our Euro British Pound trading view chart with an ascending channel showing both support and resistance on multiple occasions since the start of August. We are looking to enter a long here for the Euro to strengthen up towards 0.933 area and potentially break out above depending on Brexit headlines at the time of meeting resistance. Our stop loss has been set just below the support line we have highlighted. Should the pair drop below that support level then the trade is nullified and the pattern is no longer relevant. We entered at this area due to the overnight bounce in British Pound and this pair looking oversold on stochatsics. Short and simple Follow us on tradingview under forexTrdr to get our sample ideas free and immediately - its free to setup a profile and the charting tools and software is easier to use than Meta trader and most broker platforms. If you want a free 30 day trial of our signals please get in touch. Good luck trading from the Team at forexTrdr
Long
by forexTrdr
Iota preparing for MASSIVE move!Note the following from my 15m chart: A) Iota is currently in an ascending triangle (uptrend). It is also running out of space and looks like it will break around 4pm EST. B) The 50 day moving average is currently acting as a support. C) A cup and handle has formed which is a strong indicator of an up move. D) The key here is the purple resistance line, it has already tried to break a few times (see long wicks where price was rejected). If it breaks the resistance, expect a massive move up.
BINANCE:IOTAUSDLong
by Buzz_Leighton
TRON About to Jump Out of The Box! Now or Never...Here we have TRON. You either hate him or love him! One thing you cant take avay from him, is, that they he has been really good at building a community around him. He has a lot of supporters and friends. Right now TRX is not so far in the development of a bullish market cycle, but maybe we will see some action now. As you can see we have a bullish ascending triangle. Its very important that Tron get something going, otherwise we will drop lower, and we will enter the danger zone, which will complete the right shoulder of the Head and Shoulder Formation. And that bearish formation will most likely take us down in Hell... Please leave a LIKE. Thanks in advance! D4 Loves You <3
TLong
by D4rkEnergY
1
Will ALTCOINS Die Now? The MOST Interesting Chart - Must SeeI want to share this chart with you. Nobody is really paying attention to this, but I will! This chart is revealing a truth nobody is talking about. This is the Bitcoin Dominance Chart. BTC Dominance is telling us, how big a share Bitcoin represents of the Total Global Market Cap. I follow this every day, and update My Family about this, to spot any changes in these Macro Trends, so we know where our focus should be at. In the beginning of this year our Family focus was on Altcoins, because I saw that altcoins were doing better than Bitcoin. So we made a lot of money on that in January and February. But since April Bitcoin has just fared better. And right now it seems like it will not stop. We are in ascending triangle, that most likely will take us to almost 90%(!!). Yes, 87.27% on this chart to be precise! Consequences This will mean, that Ethereum, which is 2nd largest coin, measurred on Marketcap, will take a massive hit. ETH right now represents around 10% and will drop hard. Ripple with 5% right now, will feel it, and the same with Bitcoin Cash, Litecoin, EOS, Bincance Coin, Tron, BSV etc. What I have shown you here is just pure facts based on data. That is what this chart is telling us. This chart is also asking a lot of questions, like: Will there be no Altcoin season anymore, and will we only see a few altcoins survive this massacre?! Please remember to give a LIKE, and I also want to hear you guys, what you think will happen in the future with Altcoins. Lets get a healthy debate going. D4 Loves You <3
CRYPTOCAP:BTC.DLong
by D4rkEnergY
17
NEO/BTCHello Friends, Not much to say here, looks like the ascending ABCDE channel is yet to hit it's mark. The Bill Williams Fractal says no buy yet on the daily however the weekly chart is beginning to form a inverted hammer candle as is the RSI nearing oversold. I would wait a bit longer before buying into this ALT and see where it will head in the following days. If the weekly candle closes as an inverted hammer candle, that should put NEO into or near oversold RSI and at the projected daily chart of the predictable channel towards its target for a bounce upwards for a change of trend. Observe on this chart the stop loss and the buy zone. Details on the Chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework. Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment. If you find this information helpful, then please hit the like button . Your support is appreciated. Thank you! CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype. Cheers!
by keifer
4
USDCHFHere on the monthly time frame price is creating a squeeze an ascending wedge. Inside this wedge we have another ascending wedge forming on the daily time which is marked by the blue trend lines. I have also marked out monthly zones and we are nearing an area with a lot of sell sensitivity. The arrows also show where price has touched the trend line. I am looking for a third touch on the monthly time frame which confirms to me as sell. However, we are entering a heavy supply area and have touched the blue trend line (daily trend line) three times which signals a sell to me. Will price reject this level and move back to the downside, then rally back to the upside to touch the monthly time frame for the third time? Keen to know thoughts, Thanks Nath
by Nathanp7
1
Whales Are Fxxxxxxx With YOU - D4 Will Teach You How To SWIM! DAMN WHALES - OR LEARN HOW TO SWIM WITH THE WALES 3 times in a ROW we go FXXXXX by the whales. 3 Stop Hunts. Clever moves - and that is why I told you to STAY OUT of the market, and the only good solution is, what I told you to do. To accumulate Bitcoins further down. For those of you who don't know what I'm talking about, and don't know what STOP HUNTING is, let me make it brief: Basically it is often an unnatural or unexpected move from the whales in areas with liquidity pools where they make a MOVE - FIRST IN ONE DIRECTION and then IN THE OTHER DIRECTION with the purpose of liquidating both SHORT and LONG positions, so they can benefit from it economically. XBTUSD 4h CHART We are still extremely bullish. We are at this very moment on the 4th Wave in a Triangle ABCDE Formation. Notice that the E-wave always is tricky cause it is allowed to go lower or higher than the lower trend line. We have an area with extreme confluence support, why I will advice you to accumulate BTSs in my Yellow Box. LIKELY TARGET 6,000 USD and Above is very likely - the reason is, that the whales will help us to up there due to the big liquidity pool. Remember 6,000 USD is Point of Control and is THE price point, where most trades are generated. After some time, and when retail investors jump on the wagen, The Whales will hereafter dump the price again and take profit. Number 1 D4
BITMEX:BTCUSD.PLong
by D4rkEnergY
3
BTC - Break now or one more touch?BTC has established a very nice ascending triangle. The question is whether it is breaking out now? Will it touch point E first? Or will it do some kind of Market Voodoo move and head fake both the bulls and the bears before deciding which direction to take? Place your bets and take your chances! Personally, I would like to see prices at least touch point E before continuing higher but only on rare occasions does the market actually do what I would like for it to do. lol Good luck!
COINBASE:BTCUSDLong
by BitcoinBearSlayer
Ascending bullish triangle. My motto is "keep it simple"! What do you see when you look at the chart? You can see that the price get rejected from the purple horizontal line (resistance) and its trading within a ascending triangle. This is a bullish sign, as it shows that the bulls are still in the market, however, there could be easily done some manipulation and long squeeze. Its very important to watch the price, once it closed on 4H candle under the triangle and breaks the 100 EMA, you should be closing any long possitions, so watch your stop losses! If the price dips under the 200 EMA, there will be oportunity to go short up to the orange line, where is a strong support. If this support will be broken, bitcoin will dip to retest its lowest lows. We should see a major move within the end the month or soon by the start of may, I am more bull than bear, clearly by looking at alt market and the lacking overbought indicators. I believe we should retest the 5800 - 6200$ mark, if the triangle will hold up, before making a correction at those levels.
COINBASE:BTCUSDLong
by Rezonator23