Threerisingvalleys
LUNA2USDT: 3 Rising Valleys at PCZ of Bullish Deep GartleyWe have 3 Rssing Valleys at the PCZ of a Bullish Deep Gartley on LUNA2 ona significant Timeframe. If LUNA2 can start to make it back up towards to confirmation line above we could then see some accelerated movement to the upside. As of right now LUNA2 sits at the 88.6% Retrace from the last valleys low to the last peak's high so this would be a nice chance to try to get an early entry. with targets at the validation line and at 3.5 and the 61.8% retrace from the last high to low at $5.6
Bitcoin Possible BreakoutHave been going over a few things and here are my observations.
1. Three rising valleys usually occur during previous uptrends, however this isn't always the case.
2. Valleys appear in their last phase and have formed a rounding bottom which could create a inverted scallop (usually a very bullish sign)
3. 24,000 area has shown itself as consistent resistance where short sellers have set up camp.
4. A breakout of the previous high would propel BTC to a target in the 26,000 range.
5. A monthly chart of BTC has shown bullish hidden divergence which has been remarkably accurate in predicting long term price reversals.
BITSTAMP:BTCUSD
NZDCHF (LONG) 🔥🔥🔥THREE RISING VALLEY FORMATION.
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Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
Three Rising Valleys on KIN Testing Above The Confirmation LineWe just tested the confirmation line as support lets see if we can pump to some fib extensions now.
Stellar Lumens XLM to $0.69 USD - Three Rising Valleys PatternFollowing breakout of the three rising valleys (3RV) pattern on 10th February, the target price is now $0.69 with a volatility stop loss of $0.30.
Potential gains of 73%.
Best of luck with your trading and thanks for checking this forecast out.
Bitcoin to $67,542 - Three Rising Valleys 3RV PatternThe three rising valleys pattern has been detected on the BTC/USD pair, with confirmed breakout on the 8th February.
This pattern gives a target of 61% above the top of the last valley, or $67,542 USD.
The volatility stop should be set at $31,443.
Best of luck everyone.