Gooday Traders! From the daily Time Frame, price has been in a 12 month old descending channel. Last week price broke out upward from a descending triangle. Currently, price is making a correction of that bullish impulse wave with a flag pattern, inner descending channel or what ever your nomenclature might be. On H4 im looking forward to pulling my trigger for a...
Two major adjustments here to my previous TA for BTC. I realized that the trend that kicked off this run to $14k was actually a continuation of the trend that started @$250 in 2015, this caused the line to slightly tilt clockwise pushing the date to the right for intersection of this multi-month descending channel and the overall ascending trend line which I...
Hi Beautiful peopleeee!! Looking at the Daily Bitcoin chart, you can see a big bear with us here. I would say the army bears!. My reasons are: 1. BTC did break out from descending triangle and now become a big descending channel. Someone may think BTC is building a Falling wadge, but I do not think so because both MACD and RSI is building descending channel as...
ATOMBTC Has Break Down Channel need to wait for to take entry. Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan.
Hello Friends, Here on this chart we can see a Descending Channel, there is a possibility of reaching one of two targets. If we break above this upper channel then BTC could see the higher target as indicated. However if BTC gets rejected at this upper portion of the channel, then we could see a test of the bottom and a possible breakdown towards a measured...
In my 1hour chart, all things lead to big green candles lol... The Stock RSI is pointing upward, we are in a descending channel which usually brakes to the upside. So in all, things are looking good... We'll see if I'm right soon.
watching to buy at AUD news if price stay there
CHF/JPY has formed a descending channel pattern. It is currently resisted by the resistive upper trendline. Hence we expect the pair to move to its supportive trendline from here.
There is a head and shoulders pattern playing out around the 0.5 - 0.618 fibonacci retracement zone. If as expected we will see a short following the C-D trend line of the AB=CD pattern. This should occur with the MA's crossing over to the down side for a good stretch. 1.7440 should be the next target after this roll over down a parallel channel, then a possible...
Dear beloved fans! D4rkEnergY just found out it has been Valentines Day a couple of days ago. It didnt matter for him, cause he feels the love every day from his fans around the world. Thats why D4 is here to give you some back. Lets us take a look at the 4h ETHUSD chart. As you can see we are still in a downtrending channel (the 2 black lines). D4 KNOWS for...
CADJPY has been supported by the 82.00 level since the beginning of the month of April. The RSI is showing a bullish divergence on the Daily chart, indicating that the last down move is exhausted and there could be some potential for it to go higher Trade Execution A safe entry would be for the price to break above the downtrend channel, let it come back to...