A chart demonstrating how price can move along the edges of the circle both bearishly and potentially bullishly Green bars pattern is the assumed movement of price, which is inverse to the bearish move along the same fib circle previously
The recent drop has caused this expansion of the channel What will be the repercussions? This pair consists mainly of low cap altcoins, we may see huge growth in low cap altcoins soon, I assume this because the channel is extremely stretched and has extreme room to move An alternative scenario is we see the death of some low cap alt coins Its one extreme or...
We are rounding the curve! Covid will be gone soon!
Anyone can here me, wake the f up! :))
Hi All, XRP repeats the same events that occurred on September 21, 2018, the same problem, the same movie. This currency slept for two years while it was below the red resistance until November 25, when it broke the red resistance strongly, but failed to break the blue resistance and then usually to a sleeping place. This problem that happened makes traders...
FTX:BULLSHITUSD - 3X Long Shitcoin Index Token FTX 1st TP: 4337 2nd TP: 5948 RR: 23 Be The Bull
$SPX $SPY $QQQ $ES_F $NQ_F $YM_F -- $RTY_F is obviously the most bearish and will lead the way down. very clear bear flag on the daily chart.
The top posts on Tradingview are mostly written by clowns. Why? They're mostly using elliot waves on a market that has historically been proven to defy elliot wave logic. The proper use of an Elliot wave is like a conclusion to an essay, not your thesis statement. Instead of using this complex trading tool, just use a trend line and wait for breakouts/rejections...
As the title says there's an inverse head and shoulders + a somewhat rough bullflag on the hourly chart
$NQ_F looks like its forming a pretty clean inverse head and shoulders on the daily chart... will likely go to $9,000 before a pullback to the 50% FIB level -- Baffling to say the least, but thats what the chart is showing..
It's alt season and now is a good time to buy altcoins while they randomly pop off. If you don't know what to buy, an index of the lot is ideal. Here is the list of coins that comprise the index for $SHITPERP, $BULLSHITUSD, and $SHIT0327: help.ftx.com Note that shitcoin in this context doesn't mean poor FA, merely low market cap coins. I like some of the coins as...
ALTs sell off will come soon. BTC is ready to break out channel throught support line. It is great thing cause it will lead to huge panic! Have fun bitcoin maximalists^)^
KRAKEN:XBTUSD - Do patterns stop playing out once they are identified? In one of the concepts of multiverse, every action branches out into it's own universe thus creating gazillions of parallely exisiting universes. I'm wondering what if, my identifying a particular pattern in this universe, results in creating an alternate universe, where the pattern...
Yes we crossed the 200 ma on daily, yes we made higher highs on every time frame, BUT why is only one or two coins going up (BTC, BNB) if the whole market is bullish? Last time we were at 11k ether was about 800 a pop, we had a market collapse and then a sudden inflation. I don’t think this is a real bull makret! I expect a massive correction. Bearish indicators...
So looks like 20k is within sight before the end of next month. 75k before the end of this year. Bitcoin was supposed to bounce around in that channel between the red top trendline and the green bottom trendline for a year and a half. We didn't double bottom we didn't double golden cross we skipped all that and we aren't going to slowly break our 10k 11.5, 13.5,...
And I don't think that dead cat bounce will hold if retested as a bottom. Nom Nom Nom..... Now we know why the last 3 Auditors left the company & they failed to report financials, they were ugly! On Friday, May 31, a solid two months later than initially required, they reported a sh!t show. Then the stock tanked 18% to trade 80% lower than the 52-week highs...
Keep the bullish balls tingling chaps.