Symmetrical Triangle - Alcist Signal - Possible 30K again & moreThis is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin. This is my analysis in 4H for bitcoin.
Simmetricaltriangule
QLD - QQQ - NASDAQ LONGThe asset is apparently forming a symmetrical triangle, and perhaps it is forming a shark pattern. This corresponds to the "January rally" (a seasonal trend) and the elevation of the projection in the shark pattern corresponds to 1.6 fibo. So it is very likely to be long in the next few weeks. Too good to be real, then only long to fibo 1.27... Happy pips
DENT recovering pretty well.I see some things that make me think DENT could pump in the short term.
First of all huge ascending triangle, we've broken some minor resistance, but we still have to break the top of the bigger ascending triangle, that will be a key area of resistance.
Thankfully for now, in the 1H time-frame, we've claimed the 50EMA, which is nice, claiming the 200EMA is the next step to get a confirmation of the uptrend. That could take a couple of days and even weeks.
Overall I like what I see, if BTC does its part and keeps holding 50k, I don't think we're seeing DENT any lower than this.
head and shoulders inside a simmetrical triangleon short terms swing trade there is a chance to head and shoulders pattern.
So it's berish pattern but in medium term and long therm it's still bullish rally.
If you want take some profit and set limit buy order on fibonacci retracement level. No risk of catch falling knives on short term with low leverage below 10x.
Good Luck
Bitcoin - between the hammer and the anvilHello everybody,
It seems that Bitcoin is making its way to higher prices if we look at the whole picture, but in the meantime, it has some speedbumps that it has to overcome. I would say that this moment is one of them. From my point of view, there is an increased probability that the price will go to 10k-10.5k in the coming days. There I expect the resistance to be increased, and the long-awaited correction to come without too much delay. Why do I think the price will go over 10k before any relevant correction takes place? For a few reasons:
- big players utilized the Halving event to convince more people to join the boat, at higher and higher prices. In the absence of a serious wave of sales after reaching 9500(sell volumes were big, but not huge), I do not see why it would not continue the process of inflating the price to end up selling much more expensive to novices.
- whales have invested a lot of money to bring the price so high, it would be a shame not to make the distribution at prices even higher. :)
- the newspapers in my country began to write again about how wonderful cryptocurrencies are. This usually happens in the beginning or middle phase of a big pump :))). Obviously, whales will always best feed with small fishes. A lot of them.
- BTC tested twice the channel it entered on March 20 and exited on April 29, but each time it was quickly rejected (as can be seen in the image below). So, at least so far, the top trendline of this channel has turned into a kind of support.
- BTC quickly exceeded 200MA and did not rush to retest this level. Historically, from what I have observed so far, there are very high chances that the BTC price will increase steadily and healthily as long as the price is not attracted to the conflict zone at 200MA, the area where the bears would gain courage again.
- the price consolidates below a trendline (red line) that started in December 2017, without being violently rejected. This means that the bulls warm up again to try to cross this line (from which they were rejected with surgical precision, but not violently as I said)
But that's about it for the bullish scenario.
Bearish scenario: If the current formation turns out to be more of a descending triangle, things might look like this.
Of course, I can be wrong. It wouldn't be the first time, but it certainly won't be the last.
This is the first analysis I do and post on Tradingview, so any feedback is welcome.
Thank you.
Sisif.
Triangolo in rotturaSi è completato un triangolo simmetrico, che sembra voler essere rotto a ribasso.
Complice il momento macroeconomico negativo dovuto al lockdown, le compagnie aeree avranno difficoltà a riprendersi presto.
Questo potrebbe portare il titolo a scendere fino alle aree indicate grazie a Fibonacci.