ADA/BTC - H&S formation complete. Needs to be confirmedI see a great opportunity here for a short position. a lot of coins look to be forming H&S patterns but none have been confirmed yet. This looks to be a very solid formation in terms of symmetry. We also have a descending triangle forming it seems, which can help with the drop.
This is a trade I am looking to take here. although we can shoot up here, the R:R is great and the chart patterns show we can drop more. This also goes well with my large perspective of ADA/BTC which I have posted about 1-2 weeks ago.
The Green box at the bottom is where the .786 fib level is. But it is also where the Head and Shoulder Pattern minimal target stands.
I hope this helps and remember that none of these have been confirmed yet. So theres a risk here. But I favor more downside. Let's see how this plays out.
If you want access to my Telegram channel for free, Feel free to msg me or comment below! :) Everyones welcome!
Excavo
XRP/BTC - another shot at analyzing this lollooks like we fell from a rising wedge, to a channel. This channel has held price inside of its boundaries for 120 days so it seems to be a solid channel to rely on. What I am expecting is a bounce to the top of the channel then another lower low. We could just break out here but the more probable thing to do is hit then channel for wave E.
Ripple Hello to all traders, investors and other crypto enthusiasts.
Today I am publishing an analysis of the ripple/dollar. From the Polonex exchange because here we can see a long history of the movement of the coin.
If we talk about the chart, we can see a repeating yellow triangle that will be broken by a huge green candlestick up.
First fibonacci level at the price of 97cents
Target until the end of summer at least 1 dollar. Therefore, while we are in the triangle, this A good opportunity to add a coin to your portfolio.
The cross of two MA100 and MA50 movings in D1 chart is also a signal to buy
Stochastic RSI turned around and most likely will grow
There is a lot of news for the flight of the coin right now, but as you remember from history in most cases the pump happens without some big news.
So the best strategy right now is position trading SWING Trading and now is a good entry point
For example, I want to show the story you can see on the real chart.
Crude Oil Crude Oil break out support line of the uptrend channel. We touch support zone.
After oil drop price start to recover.
I see 3 resistance level for oil.
1. 55.8$ - 38.2% level fibonacci
2. 59.94$ - 50% level fibonacci
3 64 - 61.8$ level fibonacci also resistance line
But global It look like impulse-correction-impulse
GrinHello crypto community,
I recently got acquainted with the GRIN project
I liked this project with many things
Private
Grin has no amounts and no addresses. Transactions can be trivially aggregated. To hide where a newly created transaction comes from, it gets relayed privately (a "random walk") among peers before it is publicly announced.
Scalable
MimbleWimble leverages cryptography to allow most of the past transaction data to be removed. This guarantees Grin won't collapse under its own weight in the long term.
Open
Grin is developed openly, by developers distributed all over the world. It's not controlled by any company, foundation or individual. The coin distribution is designed to be as fair (but not gratis) as is known to be possible.
grin-tech.org
coinmarketcap.com
Technical analysis
We find bottom
Start growing
Correction 61.8% fibonacci
Stoch RSI oversold
Volume is grownig
Small Marcket Cap
Moon soon;)
Bitcoin Hello everyone
Today I want to show the 4 hour chart on which you can see the channel going up and the middle line of the channel is shown in black dotted After Bitcoin reached the maximum price this year, it began to be adjusted, all of the classical impulse-correction (rising wedge) - impulse. after breaking the wedge, we are now at a weak support of 38.2% 5030, the next support is at the 50% fibonacci level of $ 4864.
BTC/USD - My master count - Impulse? or Correction?This entire move up could be an impulse and we're finish up wave 3 right now... or this could be a corrective ABC bounce and we're likely finishing the entire move and going for a new bear market low.Theres so many cases for both sides and IDK what to chose. the good thing for me is IF I am right about this. both C and 3 would start falling at the same time... now from there we just need to see if wave 4 falls below wave 1 territory. this would invalidate the impulse 5 wave count as wave 4 can NOT cut into wave 1 territory. This would be a clear indication that we are not in an impulsive 5 wave move (or I just counted this entire thing wrong).
So what do I do from here? I will look to go long at the end of this current YELLOW ABC, this will signify the end of ORANGE wave 4. From there I plan on riding the wave upwards towards the top of ORANGE wave 5.
That will be where I plan to short. (the pa can vary and I will update as time moves on.)
from there, At the top of BLUE wave 3 or BLUE wave C, I will short and watch price action to see if we have a ABC or a 1-5.
thats about it kids. I hope this helped a lot!
please keep in mind this could be wrong and I'm not an expert, but this is what I see happening and this is subject to change as new data develops.
good luck and msg me below if you wanna join my group ;) drop a comment below, Like this post, follow my trades and share this post.
Thanks!!
LTC/USD - H&S for one more leg down completes ABC correctionLTC/USD
H&S maybe in play to take this to one more push down. im seeing a Flat ABC so we may stop around YELLOW A. then start moving up. this is also the area for the minimum target on the H&S. this will also complete 5 waves down to complete the large yellow ABC Flat correction.
lets see what happens
ETH/USD update - bearish symmetrical triangle pattern foundLooks like we have some more downwards movement to go... seeing a symmetrical triangle that will most likely lead to another leg down. I see this all as wave A out of the ABC (YELLOW) sequence. If this is so, we should see some type of bounce upwards probably on Monday, before we continue downwards more.
looking to short here if I am online at the time, definitely want to long the bottom of A just incase this is some type of Flat correction and we start impulsing upwards again passed previous highs.
thanks for viewing, follow, like, comment and share!
:O
ETH/USD - Primary Count - simple ABC correctionABC down, looks like A is a descending triangle with one more slight leg down for small wave 5.
Next up would be the ABC up to make the larger B
Lastly we should see an impulse down in 5 waves to create larger C.
Very similar to secondly lol... in fact no difference other than the H&S and A being complete already
Thanks for viewing! lmk what you think below. What do you see on the charts? send a chart below!
ETH/USD - Possible Secondary Count - Head And Shoulders simple ABC correction could be on the table.
The way things line up, this could be a Head And shoulders pattern if we bounce up for a .618 Retracement. That would an ideal place to create the right shoulder. This would be the BLUE ABC move and if so, would be followed by a 5 wave impulse downwards for PURPLE C.
I will have all of these posted on my telegram channel and I will also have updates :)
again, this is my secondary and my primary shows more down as well. just a simpler version :) My primary will be posted on my Telegram channel .
BTCBitcoin continues to grow without a correction on the chart.
Every movement in the market takes place according to the mood of the crowd (market participants). Everyone understands that a strong resistance level is 5800-6000. This is the mirror level that was the line of support for the triangle that we broke through and went to 3k +. As for the current situation, we have an impulsive upward movement, after no correction, the continuation of the upward movement, forming an upward channel and a bullish triangle with a potential upward breakthrough. but not above the level of resistance 5800-6000.
Because at this price there are already short orders, I think that a correction will soon take place, but by impulse movement we have already determined that bitcoin is more alive than all the living and that this asset is interesting for long-term investment.
There is a lot of evidence for this and the main thing is more and more people who believe in the future of bitcoin and cryptocurrency.
BTC/USD quick scalp - closing 50% shorts to enter higher - riskytaking 50% of my short off here... cant get a full 5 wave count on this but assuming 5 waves are in, ill take some off and maybe add mre at the .618
the main goal is to make money. So im happy closing shorts here
if we go down more, ill just wait for a pullback, short and ride the rest down.
I dont think were done this is just to take some off incase we are done :)
XRP/ETH - RIPPLE ABOUT TO GO CRAZY!!!!XRP/BTC is going to POP!
XRP/USD is going to POP!
And I decided to check XRP/ETH and WOW!
A cup and handle that has been forming got over a year?!
WTF is this?!?
+ We are about to hit the .618 Fib to finish this handle!
more implications that we are about to go up BIG TIME!
I would love for all of you to upvote this and come join my channel! :)
make sure you also follow me here if you like my posts!
I hope this helps you guys and please always stay safe!
ADA/BTC - Bottom in, but a retracement is necessaryAda really made some nice gains. dont forget to follow me on telegram. check out the link on the chart.
we see the H&S bottom was confirmed and completed and we hit some heavy resistance. well probably cool off and move down slowly for the next 2-3 weeks I would say. maybe less.maybe more.
t also looks like wave 3 is finished out of the 5 waves so this cool down period is necessary to create a wave 4. before we go up one more time.
now the thing is this could have been a ABC bounce instead of a 1-2-3 (4 and 5 not formed yet)
the reason why i highly doubt that is the H&S break out and bottom patrern. this is a clean trend reversal imo. but if you dont think so, look out for blue wave 1. if we decline into that area before creating a wave 5 we MAY be in for a new lower low.
I doubt it but keep it in mind.
good luck and dont forget to follow me on telegram. check out the link on the chart.
XRP/BTC potential set up for huge gains and low risk.this looks really good. its a quick analysis, if you follow me you will see my more detailed analysis on a higher TF.
this looks like an descending triangle which would break upwards if we can see it hit E
it can also break up earlier but to be safe, a Purchase in the green zone will help. SL and TP are posted on my telegram channel. comment below if you're interested in joining fo free!
I hope this helps!
good luck!
XRP/USD - Fractal analysis of Ripple fractal analysis... you guys probably think im crazy lol
but take a look at this.
both had a handle after about 30-35% increases from bottom of rounded formation.. both have a ascending triangle looking in the middle (RED) between adam and eve...
call me crazy, this may not work lol... BUT, I personally see a great opportunity to make some good gains.
I like this fractal and it meets alot of requirements Im looking for in a trade....
Good luck
ETH/USD - Proof that chart patterns work like a charm! every one of these chart patterns where predictable and played out exactly how they are supposed too.
the % one would make by simply learning how to chart is amazing!
I made a lot of these calls personally and its just amazing and mind blowing how simple things can look from far away... but if someone was to stick to a 4 hour chart and only trade when they see a legitimate chart pattern formed, their profits would be HUGE!!
ETC/USD - bottom confirmation with a convincing reversal so farETC has shot out of the same pattern every coin seems to be showing. an ascending triangle. if this is in fact a new bull market these white waves 1-5 are in play. If that is so, then we appear to be on blue wave 3/4 of white wave 3.
so far things are looking very good and as stated on my telegram channel, as long as we hold the white upper line of that ascending triangle and then continue up again... we are in a new bull market.
DGB looks like its not done! we can see a lot more upside!DGB looks good. noticed the Adam and EVE bottom that has formed and started out break out already!
This is a very bullish pattern and should have a lot more left!
I belive we have bottomed and whayt would signify this even more is if we can shoot up and finish a 5 wave impulse. from there we should see a mandatory correction and then we will continue to new ATH!
many people requested this analysis so I hope it helps all of you!
This Adam and EVE ( V & U) bottom has rocketed many coins already and this could be next!
NOTE** msg me if you're interested in joined my telegram channel.
BNT/USD (Bancor): Member RequestBancor is looking like a Snack!
you cant ignore that pattern man... you just cant. ascending triangle/Adam and Eve/Cup and handle...
I took off the wicks under settings to get a clean picture of this one. but no real difference. just a technique I like to use sometimes.
this has to pop basically. the 50 and 100 Day MA just crossed like 4 days ago. the pattern has been TESTED and PROVEN.
look, its simple. find this pattern , if it hasn't broke out, long it, set a TP for middle/top of last huge resistance and walk away. THIS is a beauty!
good luck and follow that link on my charts... thank me later!