Who knows if these lines actually signify anything but lets be honest my predictions are probably just as accurate as the top analysts... and mine are more fun. BIG BOOM COMING! I saw a dude in star bucks wearing a blockchain shirt. That combined with the fact that my lines come together and make a point is a sure sign we finna make some DOLLAS! Big invest guys.
Just shorted the EURJPY on the 4hr chart from the green supply zone due to multiple confluences both on the higher as well as the lower timeframe. Looking to take a 3,5:1 on this one. Good luck! TheSupportResistanceTrader
A chart I drew on Aug 18th that seems to be playing out in the short term. This is just for shits and gigs, obviously there are many ways in which this can play out long term. The timing of the arrows are almost guaranteed to not work out, even if the idea is close to accurate in the long run. I was attempting to draw both a best case and worse case scenario,...
Chart is beautiful because is a complex amount of lines and construction!
There was a volume accumulation area right before a strong buying activity on Bitcoin. I think that a lot of buying positions were accumulated there because of the bullish activity that came after the accumulation. Now i wait for this small long correction up. I think this is a pretty solid level to go long from because of all the reasons mentioned above.
Potential for a leg up after we run into the 61.8 fib retracement level and the uptrend line support.
Just a quick in-between chart: these are the trend lines I'll be watching over the next few days. The top red, green and blue trend lines are drawn from the past peaks over a long timeframe, to gray bottom line is the long term support line. So, key things to watch: will value drop down again, and if so, will this go up to or down beyond the gray support line....
The long-known X-Lines indicator proves that it's worth your attention. Pay attention to the accuracy with which the market has worked out an interesting price (173.83) received by the indicator.
Very bullish signs from btc just now as it broke through not 1 but 3 major lines of resistance: The bottom trendline of the lavender rising wedge, the red neckline of the old inverted cup and handle pattern, and now in white, the adam and eve double bottom neckline we've been following since march-april. Even though we went below the adam and eve bottom awhile...
Helly everybody, Just an update on ONT. As you can see ONT dropped a lot since my recent post. We arrived at the 0.5 fib line. Either we move upwards for a slight correction or ONT will fall massively towards 5500 sat levels. The last option would be nice, because I kinda missed out on the first run, dammit. But as we all know, what goes up must come down and...
Running Flat Correction in Gold will provide us with a $250 move in November. Predicting Gold will long until then.
Hey Guys, Just an Update on big daddy BTC. We are experiencing a 5-3-5 (Zig zag) styled ABC correction at the moment. with major support at 8400 USD price. I'm expecting wave 3 to find support at 8700 with a bounce up to 8950-9000 price region. then we will make the last 5th wave down to 8400 USD. I will update this Idea later with a chart as to why 16000 USD...
Just tracing correlation suport lines in NEO-BTC-USD charts to resistance. Education purpose, comments welcome.
EURUSD, a strong upward trend. The increase in the price of the asset due to the powerful injections of purchases and the closing of sales below 1.2340. We expect the asset to grow to 12410. The analysis is performed using X-Volume. levels using X-Lines.