On the chart we can see the fractal pattern. The price has already broken the supply line and is approaching the next resistance where we are expecting rejection and further consolidation before going higher.
The entry, the target, take profit levels are shown on the chart.
Good luck.
After an initial period of sideways trading, it seems that ARB has finally found the way up. When we connect the two local tops and two local bottoms we can clearly see a bullish channel on the chart.
Seeing that BTC is currently going parabolic, I can definitely see volatile alts like ARB seeing big gains over the next days/week.
For now I'm looking at 1.60 and...
Over the last week I've made a couple of analyses on BTC and the rising wedge pattern it was trading in. In my last analysis I expected some kind of oversold bounce into a new sell-off.
Seeing that we've moved almost 9% in less than 24 hours makes me question whether we should look for going short.
My bounce area (blue) has been reached, but we're blasting...
As you can see a double top formed on a 4H TF
We have to wait and see if price resists or break above the A.O.I "Area Of Interest".
Scenario 1
If price breaks above the "A.O.I" level the double top pattern is invalid and price could form a Triple top
Scenario 2
If price resist the "A.O.I" level then we have to wait for price to reach the neckline...
Wipro made w pattern at the bottom of the chart which made it very bullish for future.
Buy it at above 380 (candle close above third level)
Target 386.95 394.50 400 408.20
Sl 367
HOOK has yet again reached the bottom support. I've made several analyses on this pattern already, and every time that HOOK touched the support it has resulted in a bounce.
Keeping my targets close, blue, because BTC can move erratic during Q2 earnings week.
In my last ATOM analysis I already talked about this triangle and that I expected some kind of bounce. My initial target was the top resistance of the triangle, but after a 15% move we fell back down.
Since we've now fallen through a 10-month support, I think that we're going down more.
I'm looking at 10 and 9 usd targets.
being with NYSE:SE from IPO times one could guess importance of this company on many other levels , not just trading it to profit , but to grow your position on every dip
I use to my advantage simple indicators to achieve just that , using similar to DRIP account I was able to accumulate 677% , with kind free" cash anyone can play this stock as a reserve bank...
Here EUR/CAD market is making poll and flag pattern after that market showed a good move by taking its breakout and then rallying with a good retracement so we can see a good swing target or a good long movement in this But before taking entry in this, consult your financial advisor.
APT has been in a steady decline since late January. With BTC taking a more bearish stance, it's to be expected that APT will also drop further.
Long-term, I'm still bullish on APT. However, there's little technical reason to buy now.
I'll start to be interested again once APT reaches the bottom support of the channel. Note that the bottom diagonal line is a...
Could we be seeing a possible head and shoulders pattern forming here with Ethereum? If so we could see price push up to HKEX:1910 before it falls down to $1567.
In my most recent BTC analysis I talked about the rising wedge pattern that was formed and my bearish short-term view on the market. Both targets have been hit, with 27,200 marking the bottom area. Congratulations if you took the trade!
Bitcoin is currently oversold at the longer time frames like the 4H and 8H. Consequently, I'm expecting some kind of bounce in...
Over the course of the last few weeks I've made several analyses on BTC and the Elliot Waves pattern it's potentially trading in, see below for the most recent one.
In my previous analysis I argued that there was reason to believe that the third wave topped because we were trading inside a very important area of resistance and the RSI was touching the...
People say that timing the market is difficult. But is it really?
The monthly Bitcoin RSI seems to be following a very predictable pattern since its inception back in 2011. Actually, the pattern is so predictable that we can draw a perfect channel onto it.
Bitcoin tops around the time that the monthly RSI hits the top resistance, and bottoms once it hits the...
In my most recent GALA analysis I talked about the fact that I expected the bottom support of the triangle to hold. The target was the top resistance, which has been hit yesterday!
For now, I'm going to be patiently waiting for the break out to confirm on higher timeframes. We've got a fake-out yesterday, so enough reasons to be careful.
Two blue lines are my targets.
