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Ascending

BITCOIN Bulls Take a Break in The Sun, But Are Still in Control!Dear Friends! D4rkEnergY is sharp as a knife, and will provide you with all the info you need on Bitcoin as always. Every single chart and move have been spot on. D4rkEnergY was the only one telling you about a potential Christmas Rally 2 weeks ago. And guess what?? Here we are - SURPRISE SURPRISE! The King is back! Bitcoin-bulls have been fighting hard since Halloween, while the bears have been stunned. On fxxxx time! Bears have been scared, but D4rkEnergY understands, because 100 years of historical data also suggest, that the best months in all markets, also traditionals, are from October-May. Here are the 2 most likely scenarios: We will most likely fall through the ascending wedge now and down to 6,472 USD with huge support from 38.2% retracement and also from EMA50 and EMA100. Here after we will go up again, but the question is, if this move will restart a new minor cycle, or if we need to go down to 61,8 % retrace first and 6,387 USD, before we can continue our Christmas Rally. I think the last scenario is most likely. D4 will keep you updated! D4 Loves you <3 PS. Please leave a LIKE if you appreciate the content!
BITFINEX:BTCUSD
by D4rkEnergY
26
Xrapid live! 2 bullish long targets + golden cross symmetryWith the Garlinghouse announcement at SWELL that Xrapid is now live, the probability of this ascending bull pennant breaking up just increased tenfold. The breakup target from the pennant is the first green target the second is the target from the breakup of the old weekly descending triangle pattern we already broke out of. One thing in particular to take note of is the current trajectory of the 50ma and 200ma (in blue and orange) and how they symmetrically match the ascending triangle pennant but also the apex of the pennant is set to occur at precisely the same time as the golden cross of those 2 moving averages. Because of this I think the golden cross can likely occur at the same time we break out upward from the current ascending triangle. We will likely break upward from it sooner than the apex with the current bullish news, but if not I foresee us breaking upward by October 17th. From there we may see a retracement once the first target is hit, or we may just have a parabolic rise all the way to the second target...I would prefer a healthy correction between the 2 targets though to sustain the gains. If we just go parabolic the whole way we may experience a big dip to follow. So lets hope for a steady non parabolic moon.
Long
by DrDovetail
1
ETH 4Hr Upper Trend Line Position | Channels & Flags | $300 Eth.Greetings. A committed learner here and I would appreciate comments. Upper trend line shows limited support at the top left start portion but sometimes despite the close proximity of the touches they still play out. We have a larger descending channel with an ascending channel moving within. This smaller ascending channel seen with purple trend lines formed after a significant impulse down, it could be argued to be a bearish type flag? Now price action is converging on a point of resistances seen within the green rectangle (trend & support) . If Ethereum can navigate this resistance then a $300 Ethereum 10.91% I feel is a possibility. Eth's gotta be worth $300 right..... As I write this an ETF ruling is due in around 9 days (30th Sept). Possible FOMO is kicking in now so this by far the most far reaching fundamental may be at play.
COINBASE:ETHUSD
by iDoji
Ascending Triangle. Bulls? Where are you?We are still under the 200ma which is a bad thing mid-term, but we have already form an ascending triangle right under a resistance line which is established at 1st of April. It's not clear enough but seems that we went through, and we now retestng the resistance line which is established from all the previous weak breakouts at 9000usd(21-Mar-18), 7700usd(04-Jun-18) and now at 6400usd! From the 3 previous deeps, we do know that we are in very very welcomed prices for the bulls, and most probable they are ready to liquidate any short in this price area. It's within reason to expect a bull move soon, and to reach our first resistance area at around 7100usd(triangle projection plus resistance line) This is not a financial advice! These markets are really aggressive, you can loose or your capital!
BITFINEX:BTCUSDLong
by UnknownUnicorn1334902
Further downside for Bitcoin expectedFurther to my previous post titled "SEEYA BITCOIN" (link below), the head and shoulders pattern has successfully reached our profit target. So where to now? It is my opinion that we are to see further downside. The momentum has clearly shifted and the last of the bulls are hanging on, only to be crushed each time. The last stand for Bitcoin is now. Unless there is a super bullish candle with a spike in volume, we can expect Bitcoin to reach lows near the $5,000. We can see on the chart now that Bitcoin is forming an ascending channel. Do not be fooled. This pattern should not to be taken as a new bull trend. It appears to be a correction only - until proven otherwise! Should this channel break, this is the time to add to short positions. A projected interim profit area is shown near $6,745. Please give this trade idea a THUMBS UP and I will keep you updated! Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
BITFINEX:BTCUSDShort
by hedgewithcrypto
1
Bullish divergence & potential reversal pattern on the 4hr chartWe are seeing the bulls put up a nice fight and also bullish divergence on the 4hr chart. We are also seeing a reversal pattern of an ascending triangle in a downtrend. Because the triangle is ascending it has a bigger chance of all of the continuation patterns of breaking up in a downtrend...however as a continuation pattern it can also break down sometimes...this coupled with the bullish divergence on the 4hr suggest we may break up...in doing so we will have formed our higher low on the 1day and our lower low on the 4hr chart finally....both bear and bull possibilities have decent probability so until the breakout I'm neutral.
BITFINEX:BTCUSD
by DrDovetail
Bitcoin BTC Ascending Triangle present: The Return of the BullsThe stars and the planets are lining up with the 6th of the month and this GORGEOUS ascending triangle that will rally beyond 8k. We are looking for a rally to start this Friday evening. So get your tickets for "Return of the Bulls." We are just waiting for confirmations. As long as this ascending triangle doesn't move away from this pattern, we are good to go. If a whale sells a large position, it could break this triangle so I am putting super tight stop losses but going long all the way. Note my overall tone is still bearish midterm but bullish long term. Do you agree? Disagree? Comment below. *** This is NOT Financial Advice. Do you own research before you invest your hard earned money ***
BITFINEX:BTCUSDLong
by dreamsound