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Bulkowski

BTC/USDT Day Chart THE Bitcoin pattern Descending triangleWe fall far from here all the way to 3800. We will bounce off key support levels which I will post following this chart. You will see we are finished up a descending scallop and am falling from here. Watch your alt coins as BTC falls to its support levels. As it enters HCR (Horizontal Consolidation Regions) we will see pumps from alts so keep an eye out to catch some of those for some quick scalps,but don't over stay your welcome. Its also advised to get out of any shorts on BTC and avoid trying to long the HCR's as they will chop you up and spit you out very easily if you slip up trading the waves. It is important to remember that everything involved with these charts are fractals. Given this information you then determine the overwhelming pattern. Whatever market direction is associated with a certain pattern you can then see it echoed in the sub patterns. You see this when you see the descending scallops within the descending triangle. A lot of money to be made on this drop be careful keep to your rules. if you like the content throw me a like and follow me for great ideas.
Short
by The_New_Disciple
8
XRP/USDT 1 hour chart Ascending Triangle Looks to be throwing a ascending triangle that was entered from the above the triangle which signals a drop after a slight pump in to a descending scallop then down to bounce off the triangle up then fall past the apex of the triangle. The pump from the triangle will not exceed the support levels at the bottom of the HCR(Horizontal Consolidation Region) that the PA fell from to create the current pattern. Starting at the current spot we should see a Impulse Grand Super Cycle ABC wave followed By a Impulse Minute 5 wave, Corrective Minute 5 wave, Corrective Minute ABC wave With an overall higher time frame pattern starting the downtrend with a Minor Corrective Minute ABC wave. If you like my the content I throw up hit me with a like and follow for more ideas.
by The_New_Disciple
5
INTERESTING BOOKS 2Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
BITSTAMP:BTCUSDEducation
by Nathan_The_Finance_Hydra
7
BTCUSD: 2019 Repeating 2018 Bump and Run Bottom?BTCUSD: 2019 Repeating 2018 Bump and Run Bottom? - Bump and Run is the #1 most bullish chart pattern Per Bulkowski (thepatternsite.com) - To identify a Bump and Run, look for a frying pan base with a downward sloping line with a rapid drop then leveling out with a rotated turn. - "The bump height, as measured from the trend line to the lowest low, should be at least twice the lead-in height. Strict adherence to this rule is not required, but it serves as a good general guideline." - Lead In Height = 13500-9800 = 3700 - Bump Height = 12641-9175 = 3466 - This is our current situation, so it could lead to a throwback (maximum throwback level designated on the chart). This could form a second bump before breaking out to the measured target of top level of the lead in at ~13.8k and likely new all time highs after that.
BITSTAMP:BTCUSDLong
by corn_trader
Bitcoin: BARR - Bump and run reversal (Bulkowski)Lead-in: angle not too flat, not too steep - visual assessment okay (scale varies, ~25-50 degree angle for reference) Bump: angle should be ~50% greater than lead-in angle Bump validation: distance from bump line to highest high should be at least 2x the distance of lead-in line to highest high Reversal: look for top patterns and descending peaks Run: once lead-in line support is broken, large decline occurs - sometimes retested and support becomes resistance
BITMEX:BTCUSD.PShort
by cerebralfx
1
KHC - Big ComebackI was watching KHC since it hit news streams with eyes opening 25% drop opening waiting for it to show some strength. I believe daily chart and weekly as well finally giving us a signals to go long or even invest into Kraft Heinz Company longer term. We can see on a chart stopping volume on a gap opening day. RSI divergence on daily and RSI going above 30 today. A broadening formation is forming at the bottom. It might have last leg down, so better approach is to divide position amount into several entries (as usual) and scale in based on price action. TP1 is gap down bottom line at $36. TP2 is gap close if happened. It is huge gain from here so this TP2 will be refined later as we go. Let's just keep it in mind. Manage your money properly and Good Luck!
NASDAQ:KHCLong
by pbartashevich
CVNA falling knife, wait for the trade...CVNA is in a falling wedge and failed to hold above the 236 from ATH to recent swing low, super bearish. Daily bearish divergence playing out on the MACD, RSI showing continuation of the bear trend. VFI is super bearish indicating low money flow. All on daily time scales. There is weak support at 27.65, with major supports being both 23.60 and the bottom of the channel. If the channel doesn't hold, the 786 from the major swing is the next psychological support, as well as the bottom of the wedge w/ stronger supports at 19.20, 16.75, 12.46 prices.
NYSE:CVNA
by remlog