Both Dogecoin and Bitcoin Chart Pattern: - Upside-Down Head And Shoulders Doge: (15 min chart) Price Target: Between $0.1485 and $0.1510 Resistance: $0.1475 Support: Between $0.1320 and $0.1350 Bitcoin: (1hour chart) Price Target: Between $39,100 and $39,750 Resistance: $38,360 Support: $34,600
Since july, Vesper Finance shows a slowingdown downtrend, and looks ready to reverse after a flat stage, probably accumulation. You can see an inversed Head & Shoulders just breaking by the upside at the moment. --> Perfect place to take a position. If price confirm the break out and BTC don't nuke, we're going to 20$. Want to learn from the bests and see...
EMA cross (50/200) on the 2hr chart, maybe back testing the 200 EMA now. Bresserts crossover on the weekly chart in oversold territory (last time this happened, it pumped $10 in the following 2 weeks - past performance not necessarily indicative of future results). CMF shows money flow is in positive territory, relative strength hovering just under 50 RSI. I'd...
EURUSD H4 Update - Currently sat on our H4 channel resistance, ideally need to break through this to continue to the upside for a push through our supply zone. May consider taking profit for +27 if we struggle to break this level.
Technicals only (Range Bar Chart) This is another chart for OmiseGO and this one looks really promising. Look at the upside down head and shoulders formation. This chart combined with chart No1 gives quite solid signal to buy. I wonder how market will react.
This is more like update to my previous analyse regards this pair. EURUSD made its move and USDCHF stayed behind a little bit. USDCHF and EURUSD are very correlated with each other. one is going down the other is going up. All these lime stripes represents Daily GAP's which are acting as a support/resistance area. I'm expecting two scenarios here: 1.Pair will go...
Upside down head and shoulders forming inside the triangle, waiting for the shoulder to set
We can clearly see here double bottom which started new short term trend. Double bottom perfectly bounced from important Fibonacci level 14.6% Formation has been created with combination with GAP on Daily chart. R/R is close to 3
quick trade r/r 3:3 head is bouncing from 200 ema
We can see here 3 GAPS from daily chart(lime rectangles). Look how nice this pair bounced from the latest daily GAP. It also created upside-down head and shoulders formation( not fully developed yet) which is clearly saying that the pair will most likely move higher. I had some problems with setting up TP but I think 1.6222 is very reasonable with R/R close to...
DJi my latest favorite formation Upside down Head and shoulders formation pointing continuation of current bearish movement. Index has been stopped twice at 61.8%. R/R around 4.5 Links below for this pattern history
Learning chart patterns and would like some help :)
I marked on the chart upside down head and shoulders plus important support which was created by GAP created 6th of November. EURUSD is bullish for some time important levels has been defended. I see here nice opportunity for a possible gain some profit. TP area is set by my calculations but it is quite possible that the pair will reach some new high levels in...