No bullish breakout has happened yet. Overall pattern is bullish. Main move is expected to happen after breaking out of this pattern.
After breaking-down the Daily Bear Flag, support was found and with a backtest of the Head and Shoulder Target .236, the first Bull Break in weeks was found.
Here are the 1.272 and 1.618 levels in the event this break does a BTC type thing.
We have chart conformation that the SHIB pump is alive and strong. Charts shows that SHIB is possibly more than a smoke and mirror. After all, SHIB was modelled after our Queen Ethereum while DOGe is from the King's side. DOGe is the boy SHIB is the girl And if she's from the west, she's probably far LEFT and lesbian! LOL JUST KIDDING! I DON'T want to hear...
Momentum has returned to the fringes. In a rising wedge.
Great movement FINALLY this morning but we need a close above this green falling trend line above .44. If we can, it could be the beginning of a run to fill the gap between 1.32-1.49
I opened a position here on ONE. I like the potential macd bull cross, with upticking histogram, bull break of the pennant and declining dominance. I'm in! #ONE/BTC Exchanges: Binance Signal Type: Regular (Long) Entry Zone: 74-76 Take-Profit Targets: 80-90-100-110-120 Stop Targets: 71 Risk: 6.58% Rate: 75
Tightening range and low volatility, high chances for a Bull break in the next days.
In the first box, you can see Bulls needed a few weeks to make their move. The Bears needed many months trying to push for a 100% retraction that never comes. In the second box, you can see the same pattern. This time the falling wedge is way bigger than the first. Bullish divergence on volume (in billions), you can check it out on OBV - On Balance Volume. We...
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Let's see some bears move. Bulls looks complitelly exchausted Enjoy whatching other accounts losses Cheers
And heres what we have been watching and waiting for! When these patterns tighten and people start piling in and then anyone just watching the order book as we approached back towards $8175 to get an insane bull volume and popped extremely fast to $8700's. I do expect some profit taking from many who trade these patterns here so may see some quick swings but...
Updated: After a strong close to the week on Friday, Monday saw a battle against long standing sellers, viewing Lv2 over the past few months there were large asks stacked from $0.80 all the way up to $1.00, these asks totalled near 1 million shares. This made an extremely heavy resistance zone, however after 6 full trading days around $0.80 the Seller capitulated...
After a 3 month long consolidation with-in a pennant US Multi State operator, Body and Mind: BAMM:CSE or BMMJ:OTC has broken out bullish with increasing volume and price CSE:BAMM . Fundamentals of the company are strong, with significant operational growth in the past 2 quarters. financials are due out soon and should begin to reflect the growth in operations....
Welcome back bulls. Yesterdays chart I spoke about watching the tightening pattern as BTC was in an equilibrium. I had personally entered an LTC position recognizing using the lows as a stop loss gave me a risk of less than 1% on my position and was hopeful for a 4-5% ideally on a bull break up. We got that and then some with LTC as BTC broke out bullish. We...
Welcome back bulls. Fantastic day yesterday for the bulls and will go into details on my personal trades shortly. Last chart I was hopeful $3567 would be the higher low for the bulls as it was an extremely healthy spot for one. Anyone playing Fibonacci lines, this also landed on a Fib line. Bulls saw a nice 11% move fairly quickly yesterday to get them up to...
Well we never saw a very tight equilibrium I was hoping for on 4 hour but we did break to higher highs on 4 hour. I personally entered at $3770 (originally thinking 3763 would be the high to beat but realistically 3800 became that level). All in all worked out fine as the bulls finally saw continuation. I have now scaled out of 80% of my position and locked up...