Bitcoin Descending Wedge Pattern Potential Reversal - 1H Bitfinex This could be a potential reversal pattern for the current BTC downtrend. Let me know what you think of this pattern and if you think we come out of it bullish or bearish. #Bitcoin
Important things to note: BTC is on its way to completing its cup and handle pattern with around 100k target. TOTAL2 Started its consolidation following the impulse on NOV 10th (This is not bad). ADA has shifted its trend to upward moving. ADA is starting to work on the 2nd side of its basing pattern. There has been a few months of consolidation for ADA, this...
Hello everyone: Also looking at FTSE100 for the bearish reversal from the top. We can see similar higher time frame structure here like other indices market. Price has correct within and have few swing highs and lows. Latest development shows a lower time frame double tops, smaller ascending structure at the top of the HTF structure, good signs of possible...
EURAUD Continuation Bearish Price Action Hello everyone: We can see from the my previous analysis at the top of the Head and Shoulder, strong bearish impulse phase move the price down accordingly. After price has break the previous low, we see a descending channel and price was temporary reverse up correctively. However, the latest development here shows a...
Hello everyone, I hope you all doing well. I've been watching this pair for months now, it has respected technical price action very well so far, we had this huge heads and shoulders formation ( shown on chart ) in which we broke out yesterday successfully, I believe once we got here there is no going back. * This is not a financial advice, use the idea with your...
Potential reversal for bitcoin. Entry 58k; tp 62k. Reversal pattern short term! Please do your own research, just my view on the market. Gl.
the silver have already made a perfect head and shoulder and i will now take the buy
So I have talked about SOL to my followers for awhile now. I have been profiting off of the asset rather early. I am not sure if I every published a public chart on it so here you go. We have a cup and handle pattern and a flag pole both agreeing on a price around the area marked on the chart. This one is rather easy to see and tells us there is expected...
With KDA, we did not see a standard flagging pattern like we have seen with a lot of alts the past week. Instead we have a bull pennant signaling the continuation. Obviously, I believe this asset will do great. I have been talking about it and charting it myself for awhile now. Next major stop will be 44. KDA finally gave me a moment to chart it again. Thanks...
Hello traders, welcome back. * This is not a financial advice, use the idea with your own strategy and risk management * I published an analysis on Sand few days ago, explaining what has happened and what is probably going to happen, you can read it here : anyways, I explained that we would probably hit ATH once again, as we did so, its time to...
This is how I believe the estimates for an ETH $13,000 were conceived... Similar to $BTCs 'repeating fractal Wyckoff pattern', there is a thesis that ETH is also following a repeating fractal pattern of its own. The tops of the pattern form the base for the extension into the next larger fractal. ( I've highlighted these fractal pattern tops in blue rectangles...
btc has to hold ~60k support . we can consider the black box as flag . but the 60k support is strong support which can apply into other pattern . o if 60k break there will be problem . btc dominance is still is 43 . which indicate that alt coins didn't dump hard . when btc bear run start alt will dump hard and the btc.d will go up . if we close above 60k and...
In this video: I explain why I am still vested with a bullish bias I run through a few of the charts I have posted past videos on to look at the key levels of support, current price action, and projected analysis. I explain why tomorrow is a key day for price action I explain why it is important to watch closely the price action of today and tomorrow,...
USDJPY continues its sideways formation and our yesterday's idea for a potential H&S pattern didn't came through. Now a double top formation seems to be unfolding. Risk reward for this trade is good, so we try SELL orders at current levels, targeting the base of the formation. Stops could be set above 114.55... We keep the positions small as we have not yet...
BTC operating in a nice upward trendline after creating a double top. We can see from the fib retracement a respect of key levels... Usually you can measure the next move by measuring the size of the first impulse but I am not going to Indulge in speculation on BTC long term targets lol. A break above current ATH's is almost inevitable in my eyes..
Hello everyone, about gold, I believe we have to stay in this trading range for a while, everything you need to know is shown on chart, make sure you stick to your strategies and have strict stop losses. Good luck don't forget to like and subscribe ;)
Expecting USD strength to continue therefor i am treating any USD downside as a pullback. Monthly / Weekly / Daily / 4H Timeframes are all bullish Looking for an ABC correction down to the most recent structure, fib & trend line to continue the up trend