An idea that I am using counting this inverted head and shoulders pattern. I have outlined all the points on chart. Kind of look at the chart with a slight left tilt to your head and you will see the H&S perfectly. This might be a bit of an outlandish idea so let me know what you think. Bix
i have sent out weekly forecast on this one i have more updated pattern as the week goes by we see more looks clean i don't think it will break to the down side because of strong resistance also htf suggests bullish condition
In my last DOGE analysis I talked about the fact that Elon Musk updated the Twitter logo to the Doge icon, which naturally has led to a big move upwards. However, like often has happened, DOGE dumped right after the bullish news. Still, my first target got hit fairly quickly, so congratulations if you took the trade. Inititally, I thought that DOGE would go...
A couple of weeks ago I made an analysis on HOOK and the channel it was trading in. My expectation was that we'd see some kind of bounce, which has now occured yet again. I'm looking for a move towards the blue target areas. HOOK saw an amazing start of 2023, so investors' interest is certainly there.
Over the course of the last few weeks, BTC has been trading very bullish. However, a rising wedge pattern might cause a minor correction in the near future. This might be the 4th leg of my Elliot Wave pattern analysis below. If we can close the day below the support, I'm expecting further selling. Targets in blue. Note that I think that there's still more gains...
Hello Traders! Welcome back to another trade with analyst Aadil1000x. Yesterday ETH shocked us with a strong bullish move and it changed the whole structure. Now bulls are taking control of ETH. If ETH forms a pattern at 2111 then it will swing from the top but if it forms a pattern at 2131 then it will keep rising. Don't forget to hit the like button and...
AVAX has finally broken out of a 8-month pattern. With some luck, this might be the start of a new bullish era for AVAX, which has arguably been lagging a large portion of the market. Keep in mind that BTC took a dive today, so the current break out might be a fake-out. I'm waiting for tomorrows candle. In case of a confirmed break out, targets in blue.
After properly collecting our data from the Monthly timeframe, we have identified our Monthly market structure which price successfully rejected the resistance twice TSE:2070 . NOW Market is about approaching the same monthly structure the third time again. Using the last two price data, market rejected the monthly level and rapidly, the price declined to the...
Recently I have been liking to trade patterns instead I feel like this is one for me
ETC is one of the many alts who's currently underperforming the market. However, that doesn't mean that there's not trades to make. I'm looking at the top dotted resistance line as a target. With continued market strength we might break out of the resistance, but that's something for later.
In my latest SXP analysis I talked about my expectations of a reversal after seeing some bearish price action. My initial support area was not as strong as I thought initially. However, after reaching the 0.50 area there were ample investors waiting to step back in. On the chart you can clearly see a pattern of higher-highs and higher-lows. I think that there's...
watching ftt for a breakout of this ascending triange
OG saw a huge move last week where it gained more than 400% in less than two days. Since that time, OG has been steadily selling off and lost over half of its value. However, OG has been making a falling wedge pattern during that fall. With both BTC and ETH seeing incredible gains, it's in my eyes a matter of time before we get some kind of pump on OG. We're...
#BTC - Head and Shoulders pattern + HIGH ROOF Resistance. Can we break it? -> Look at the liquidity and volume which is super super super LOW. All indicators look like we are reaching this RUN's top. So be careful. - - - - - The head and shoulders chart pattern is a popular and easy-to-spot pattern in technical analysis that shows a baseline with three...
OANDA:XAUUSD Price is making Harmonic pattern , It's a possible cypher pattern C leg possible extension is 1.13-1.27 which is 2044-2060 area D led extension is 0.786 which is 1970 area After completion of X-A-B-C-D cypher pattern market can give retracement of 38.2-61.8 % For confirmation , C and D leg should keep in there maximum extension range to...
...from a technical point of view and looking at hourly chart, the answer is "yes"! Hello everybody! If we look at the whole bullish movement started from 22 October 2022, it doesn't seem to me an impulsive rally, far from it! The developed swing seems to be something similar to a corrective structure (ABC Pattern as shown on chart), and if this analysis is...
ES - We heading to key resistance.... Can we break above 4170 and go towards 4200 areas? Highs: 4170 - Lows: 4100 Pattern - Wedge up side target areas 4200 areas... We just had CPI as we have dollar declining stocks rising higher time will tell... Trade your own trade plan!! Trade Journal
Hello traders! In my opinion, in long term is pair is neutral. Be careful and wait for a confirmation! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻