Scallop
Scallop (SCLP/USDT) technical analysisPrice has already broken the downtrend corrective wave. It is possible for the price to make a rapid downward move before continuing to move up. Or, the price bounces of the two lines converging several times. Anyway, there are two lines in the upward direction of the price. After the horizontal line (the previous price peak), there are no resistances; how up can it go?
MORNING CHART REVIEW: 8/23/21Yet another potential scallop.
Seems to be a scallop and wedge with some divergences showing up on the 1hr.
If it holds true, it could take a while to break, regardless of direction.
I did find some divergences of the bullish variety, so we will see how those play out.
I will publish this chart so you can watch it at your leisure.
Update for Enigma ENGUSDENGUSD has formed a large descending scallop
once price reaches horizontal levels and the scallop has completed price can rise sharply
this is a nice entry point as you can see the scallop has nearly completed
I am long Enigma ENGUSD
BTC/USDT 4hrs Chart {INVERTED and ASCENDING SCALLOP}This is not a financial advice, do your own research please. The BTC/USDT chart shows two inverted J pattern in previous circle. If the chart keeps up with the inverted and ascending scallop, then BTC should hit $44700. This same pattern can be found in the 30 minutes chart as well as on other time intervals.
You should DYOR before taking on trade.
RUFF continuation bullidea for RUFF
I believe these are a trading pattern called a scallop
If 100MA holds bounce is likely
CRV/USDT 1 Day chart In this idea I toy with some cycles and with a very basic chart pattern. This is a perfect specimen of an ascending scallop. Measurements are to soft exits to insure exit. One might say a pyramid style scale in with an inverted scale out would be the best way to utilize these targets to see max profits. This is a good example of the trades that I drop for my group, but I wanted to throw you guys this trade because I want to see you win. Why not? This one is what people look for all the time an get lucky once in a while. I studied hard as I could so that I don't have to be lucky. Hope your trades see many gains, much love to my supporters!
If you agree throw me a like and follow me for more unique concepts and ideas that keep you in the gains!
Fly BTC Fly, Long Target 72.2kObviously if 44.8k floor breaks we are interested in supports associated with the epic and historic bull run this month i.e. the 50% and 67% retraces. Also watch the big volume prices that often stress out traders centered on 34.5k approx.
But what a thing of beauty, You'd be inclined not to ignore the long opportunity up to 72.2k currently presented.
Have fun and fend off liq at all costs !!
NEXO/USDT 12 Hour Chart Looking into Alt Season 2021In this idea we see Nexo is falling to support and will start climbing in January. This is confluent with my chart of Bitcoin where Bitcoin will fall into a consolidation region approx January 14th. once Bitcoin has stabilized we will enter a 1-3 month alt season. If you agree throw me a like and follow me for more unique ideas and concepts that keep you in the gains.
XRP/USDT 4 Hour Ascending scallopWe are have completed a Minor set of Descending scallops and now should see a trend reversal into a set of Minor Ascending scallops. These two Minor sets will complete the Sub Major Ascending scallop. Currently we are creating the rounded bottom of the Sub Major Ascending scallop.
This move is correlating well with the impending XRP snapshot for the Flare airdrop. If you are participating in the drop please consider security above all else. There will be a lot of scammers out trying to take people's coin and the event could tempt some hackers to hit exchanges. Just wanted to let everyone know that Nexo is going to support the XRP airdrop and they utilize multi-signature cold wallet storage and your assets are insured up to 100 million dollars not to mention you will gain 5% daily interest for as long as you hold XRP in an account with them. This is the safest option for the airdrop with the next best option being Kraken. An interesting tactic I used was to deposit my XRP into NEXO which then gave me an instant credit line to borrow against I then purchased even more XRP and deposited them into the same account. With 5.9% interest I am confident that $8 for a month won't eat into my profits too much ;) We have all been waiting to see XRP shine and this is the just the beginning.
If you agree throw me a like and follow me for new ideas and concepts that can yield healthy gains. Take care and thank you for the support.
Also, stay on the lookout for my Youtube channel which is under construction now and will have the first videos released before the first of the year.
YFII/USDT 2 Hour Chart ScallopThis is a clean scallop which at a minimum should regain a 65% of the overall heights the price action fell from given time. Targets are marked for take profit levels where pullbacks should take place. Green line marks safe buy in point.
ETHEUR Impulse observation(2) up
(1) down
Pair of scallops.
This is not a forecast just an observation.
Right now I am concerned about the disconnect crypto seems to have from SPX and others.
Everything seems to be bullish in the crypto world (well, mostly)
Its hard to call what this disconnect will lead to.
However im just expressing my thoughts, of course.
BTC/USDT 30 minute chart Bearish IdeaThis is a idea based on the fractal I believe we are within. This will be a bearish scenario where the right side of the scallop fails to exceed the last highs. This idea will be invalidated if the PA exceeds the left side highs of the scallop. Only time will tell what moves Bitcoin makes here, but volume was lacking as we entered this consolidation region. Even in the case of another fall the resulting consolidation region will see a similar pump to the altcoins. If you agree throw me a like and follow for more great ideas and concepts.
XMRUSDT is testing the ascending scallop 🦐XMRUSDT is testing the ascending scallop.
If the price will break the parabola and break the daily support According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.