I mapped a bar pattern over the first bottom, then flipped and stretched it to match the possible second bottom with bullish divergence on the RSI. It indicates we can spike up and return to these levels before hitting the 60% target on Aug 8th.
BTCUSD Daily TF Interested to see if this bear flag pattern plays out again this year. As a precaution, I've exited most positions with the anticipation of the internal support failing which could see a selloff back to the lower band of the ascending channel which is building up a pretty nice bear flag. I think that if this moves it'll be quick, very similar...
I like to take bar patterns and compare them to what has happened before, to try and see where the market is taking us. It's just a manual way of doing what machine-learning algorithms perform. With the abysmal performance of Bitcoin lately I see one of two things: Using traditional analysis, there's a possibility that a very large (around 4 months long) teacup...
JUST A SIMPLE VIEW ON GOLD. TAKE AT OWN RISK angelofx_sa
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BTC looks to be following the same corrective pattern as Sept 7th-Oct 2nd (white line pattern) when BTC dropped from 53K to 40k. Price action is identical We are sitting in the same area on the trend line as we were before bouncing from 40K to 69K Currently breaking above resistance on the RSI, which also has had similar movement to Sept 7th to Oct 2nd. BTC is...
1D ( MID TERM ) If the market behaves according to this pattern, it has the potential to drop to the 42k support zone and move up again from that zone.
First of all, please hit that like button to show your support and also if you'd like more content posted this week 👍 This chart has been inversed with a potential bar pattern attached, sometimes I like to do this to confirm my bias or make sure I'm seeing things clearly. (trading is all psychological after all)
As we can see throught the bar pattern, it has tested the 0.15$ support line and went above it again to 0.22$, and one it breaks the resistance line at 0.24$, we could see a break out to an ATH maybe ?
as you can see following the bar pattern, it looks like the btc is heading for it's support levels around 28k-31k$ and testing that support level and failing will result in a huge dump in the 24k$ area. not a financial advice.
$crv finally looks to be ready. as mentioned last time, I believe $crv will have an explosive breakout. levels in the right are fib levels, and tp levels are marked with green (and yellow if you have weak hands). other fib lines (purple) can be used as stop losses in profit. info lines in the center are experimental, and show the possible heights $crv can reach on...
BTCUSD Daily Looking at Traditional Pivot Points and the reoccurring price action between Pivots “P” and “R1” and highlighted by a Bar Pattern. As defined by TradingView “Pivot Point analysis is a technique of determining key levels that price may react to. Pivot points tend to function as support or resistance and can be turning points. This technique is...
I might be trippin, but I think I'm on to something. I keep seeing these patterns and they keep forming..Check out my linked idea to see more on this. If anyone has some more insight to this, let me hear your thoughts.
When researching an asset you want to know that it is viable. Actually doing something. Has a purpose. Is being used. $ENJ ticks the boxes. Jan 19 2021 Enjin Coin (ENJ) Approved by Japanese Finance Regulators; Will Be Listed on Coincheck Japan Jan 26 2021 "Coincheck is one of Japan’s largest licensed cryptocurrency exchanges by trading volume. It is...
BTCUSD. As we approach the Golden Pocket on Fib Retracement once again on the Daily I have decided to draw a comparison between the last 2 Major Bull Runs. Blue = 2019 Bull Run Bar Pattern Orange = 2017 Bull Run Bar Pattern History shows us that the last 2 runs have had a major bounce within the Golden Pocket (0.5-0.618) $40318-43714 and as former Daily Support...
Bitcoin has been following a parabolic trajectory similar to the trajectory from November/December 2017. A bar pattern is displayed which was taken up to the 2017 peak around $19400 USD. This is shown on a linear scale. I've been tracking this bar pattern since early February and it has been following pretty accurately. Take this with a grain of salt as it is just...
Interesting to see the S&P 500 price action respecting this charted Gann Fan so many times since mid 2019. One would presume that since validated multiple times previously over the months that we are close to crossing the Angle 1/2, which would push the market into "Above Averagely Bullish" territory again. I pulled a Bar Pattern from OCT 2019- MAR 2020 and...
XAUUSD Gold Spot: Purely Technicals 04/06/11-08/07/13 BAR Pattern. I've pulled this from the previous top back in 2011. The resemblance is uncanny and the BAR Pattern fits perfectly within the Current Pitchfork levels. Bearish Notes: - Ichimoku Bearish - 10/20 Moving Averages Bearish - Pitchfork Respected (Bearish) - RSI Trending Bearish - Current Market...