Priceline of Link / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 2.88554 to 2.81093 Sell between: 2.94427 to 3.08634 Regards, Atif Akbar...
I think it's better to look at LINK based on ranges rather than trenlines at least for the moment. The trend-lines that I see have a lot of false breaks from them. That's not to say it isn't holding those particular lines. It's just better to rely on these ranges than see it dip 2-3 cents below the line and shrink back up. What I mean by 'ranges' is the area...
Quick update, We aren't out of the woods yet but we're certainly looking better. We seemed to have completely avoid contact with the original H&S support line with a short term trend change, and now we're working our way back to test some upper resistance lines. I'll personally be watching breaks of these lines and how much follow through/volume we get. I really...
So this chart started out with just my two white trend-lines, and after drawing them I realized that there is also an Inverted H&S along my resistance line. I seem to be finding these a lot lately and I'm kind of questioning their reliability. I think this is going to come down to which trend-line breaks first and confirms its H&S. If we break down it's possible...
Priceline of Link / US Dollar cryptocurrency is forming bullish BAT pattern and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 2.55092 to 2.57797 Sell between: 2.64015 to...
There is 'potentially' a Inverted Head and Shoulders on the 15min time frame. Make sure to set a stop because it could certainly keep going down. Info is on the chart. Hit me with a like if you found the analysis interesting! I'll do my best to update the post if I see something meaningful.
I'm fairly new to TA so take this idea with a grain of salt. With that in mind these are the potential options I personally see playing out. Most of the information is on the chart. I think a buy in around $2.66-.68 with a stop right below $2.65 is great risk/reward. If it breaks $2.65 wait to see the test of $2.50 support and if we get a nice bounce do the same...
Priceline of Link / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 2.30520 to 2.25215 Sell between: 2.34697 to 2.44721 Regards, Atif Akbar (moon333)
Priceline of Chainlink / Tether US cryptocurrency has formed a bullish Shark and it is entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders here, but Stochastic is oversold and did not...
Buy : 18500 / 1.84$ Sell : 20000-21500-24500 / 2$-2.2$-2.55$ Mid-Hold : 30000-35000-40000 /3$-3.75$-4$ Stop : 16500 / 1.65$