Here's a possible short on XRPUSDT, I think that we're seeing a bear flag here.
I noticed a W pattern was forming like before so i copied the price movement and extended it. Let just say it helped alot
EURUSD - 1HR Support: 1.19925, 1.19645, 1.19460, 1.19225 Resistance: 1.20725, 1.21005, 1.21350, 1.21420 Pattern: Wedge How to trade this idea: Once it breaks key support or resistance areas and re-test the area of support/ resistance for confirmation then take the trade to the trend that is taking place. Key tip: Trade what you see, not what you think. Try...
Hello traders: Looking as NASDAQ for the bearish opportunities to the downside. We can see there's a HTF double tops, price moved up correctively within an ascending channel. Latest price action formed a Head and Shoulder and broke out of the ascending channel, good sign of bearish reversal. Look for further LTF continuation corrections to get in on the...
Hello traders: Most JPY pairs are also showing some bearish price action and GBPJPY looks the cleanest for me. We see the previous sell setup from the top of a double tops, "M" style pattern, and then price falls into an expanding correction. WE can start to see a HTF Head and Shoulder as well. As we know expanding type of correction can be more advance, so...
Hello everyone: Also looking at most of the US indices, and SPX500 is looking very clean for a strong bearish reversal from the top. We can see price has been in this larger, HTF correction phrase, continue to correct the price up. As we can see from the latest price, LTF ascending channel at the top of the overall price action is a good indication for the...
What a scary similarity!!!!! Personally, I was stunned when I realized this pattern. Also, the same manner was found in some other well-known coins. If the pattern repeats again, It would be like down in HELL......
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the positions that closed down this week. I will explain my approach on the entry, SL, TP and management. Litecoin (LTCUSD) - Running about 2% profit Full analysis/forecast: Stellar (XLMUSD) - Running about 2.5% profit Full analysis/forecast: Binance Coin (BNBUSD) -...
Potential Bearish Bat pattern on Oil, looking for the potential sell at 65.20 with TP1 at 62.31
Hi traders: Similar like Ripple, I can see the strong bullish price action on Stellar. Price managed to break out of the HTF correctional phase, and a strong bullish LTF impulse to push up. We are seeing yet another continuation correction in the making, good indication for further upside once correction completes. I would wait for either a breakout right...
Hi everyone: Ripple has almost triple its price since it broke out of the HTF continuation correction in the beginning of April. Such a strong bullish impulse move, naturally we know there will be correction in the market. The key here is to identify whether the current correction will be enough for the next move up, or a deeper correction is needed before...
Hello everyone: LINK has also formed a deep, continuation correction on the LTF to give us a positive confluence to look for buy. We see price has made a strong bullish impulse up from previous correction, and begin to form another pennant /expanding structure. This is a good indication that we can expect price to resume its bullish move after the correction is...
Hello traders: Similar like Binance Coin price action, we see here on ATOMUSD is also in a larger consolidation correction, and could lead into the next bullish impulsive phrase. We can see price has already made a strong move to the upside, and naturally we can expect a deeper continuation correction. We see there are a few swing highs and lows, and nice...
aSmall analysis of the RARI token, testing the $25 support in a bearish channel
MRNA made a huge leap on Friday going front $133 to $144. I believe MRNA will resume bullishnes as long as the market remains stable and bullish BUT, MRNA could drop to around $135 before continuing to go up. It still has a way to go on the RSI indicator and EMA's still haven't passed over. If MRNA exists the channel be ready for more mooning to come. ...
1 HR inverse head and shoulders, signalling for a small up push correction of about 35 pips to balance.
Hi traders: LTC is shaping up to be a good bullish continuation buy. We see price has already moved up quite impulsively in the latest price action. After the LTF impulsive from my previous analysis, price begin to form a deeper, expanding type of structure. Latest price has shown a descending channel within the larger expanding continuation correction, and...