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Xabcd

BTCUSDT price movement forecastWhen rising wedge was formed there was not enough volume to break upward from it, hence the price moved down dramatically. At the current moment there are 2 possible scenarios. The first is a bounce back from 9800-10200 zone which is confirmed by Stoch RSI, Aroon and rising volume. The second scenario is breaking through psychological support zone and reaching Fib 0.786 support level where XABCD pattern will be finished and new wave of growth will start. All trades are very risky now we recommend to hold current portfolio till market stabilization
by Skyrexio
DGDBTC - RIsing wedge into a Gartley/Bear TriangleRising wedge already occurred. Currently running up the D leg of the XABCD bearish Gartley, multiple contact points hit for the descending triangle. Bullish indicators Entry: now Stop loss: tight Target: D or descending triangle impending break out or break down There is no shorting available on Binance so I do not have interest in further drop targets. With Gartley patterns, targets are within the range of A and B, so a reversal may be seen right after the .618 target.
DLong
by NeoButane
STELLER LUMEN DROP BEFORE THE MOON ! Traders, This little monster will be on the stages soon. Here we have (XLM)(STR)/USD 4H chart. The perfect time repeating can be formed on this chart and after reaching those point we will have our entertainment by watching bullish trend creating. XABCD pattern will be optimistic I'm optimistic too seeing this happening after few days. The bear trend is getting so tight for awhile and after breaking down a few days ago (brown area) I see it's the time or never and prepare Fibonacci to be broken till Golden one Regards, Mohsen
BITTREX:XLMUSDLong
by MohsenCapital
2
UJ Multiple Patterns Deep Crab & Gartley Pattern 4HR XABCD Deep Crab Pattern - In Price Rejection Zone (PRZ) which was found by using the Fibonacci Expansion tool to make an ABA & AXA expansion. To do so, 1. Find the Fibonacci Expansion tool. 2. Start at the A point of the Deep Crab Pattern, click; then to the B point, click; then back up to the A point, Click. -It is the same process for AXA expansion, but you click the X point instead of the B point. Now you need to find what ratios you need for each pattern. Each pattern has it's own target ratios to find the Price Rejection Zone (PRZ). ABA Extension Target: 1.618 (Only show the 1.618 Keep your chart clean.) AXA Targets: 2 & 3.618 (Only show those two for the AXA expansion.) Now that we have found the Deep Crab Pattern's PRZ, we look at the 1 HR chart and see another pattern forming. There are two possible patterns we can see here, the Gartely and the Crab Pattern (not deep crab.. they're different). First step is to draw an XABCD pattern based on what has already happened and what you know about the two patterns. Take a look at my 1HR XABCD point so you know what I am referencing for the next Next, I drew a Fibonacci from the X to the A point. The B point rejected off the .618 ratio on the Fibonacci which is the indicator that it will be either a Gartley or Crab Pattern. Scenario 1: Gartley- Price will reject off the .786 which will be the D point. I will be buying at this point with my Stop Loss below the X point because the D point can never go below the X point to be valid so that is proper Risk Management. Take Profit @ 0 on the Fibonacci (which is also the A point/Previous High) Always take profit at 0. The next step here, once price bounces off the .786, is to draw another Fibonacci from the A point to the D point. Since I will be a buyer, I will use this new A to D Fibonacci to mark my Take Profit Targets. Another confirmation for this Gartley Pattern is if the C point rejects off the .886 on this new A to D Fibonacci, which this example does. For a Gartley Pattern, I always take profit at the .382 of the A to D Fibonacci, wait for a small retracement, then buy again. That next buy, I will take profit at the .618 Fibonacci Retracement Level. That's just about as much as I can possibly predict for USD/JPY IF the Gartley pattern is valid. How do you know the pattern is valid? - The D point WILL NOT break the X point. This is why my Stop Loss will be below the X point. If it does, it will be a crab Pattern. Scenario 2: Crab - D point will be lower than the X point. To find the expected D point for a Crab pattern, draw another ABA & AXA Fibonacci Expansion for this 1HR Pattern Read above to learn how to draw a Fibonacci expansion. The Fibonacci Expansion Targets we need for a Crab Pattern are: ABA - 2.24 AXA - 1.618 The area between those ratios is the new Price Rejection Zone (PRZ) where the D point will be for this 1 Hr Crab Pattern. If the X point is broken by the D point, I will be a seller with my stop loss 30 pips above the X point. The extension ratios will be my Take Profit Targets. I hope this helped you, congratulations, you've just read an analysis on the USDJPY pair. 99% of people have never done what you have just done so if Trading Forex is your thing, definitely connect with me on social media. My username is @takeflightgo on all platforms. I run a free group on Facebook of Forex traders who share ideas and give constructive feedback. It is an idea Meritocracy meaning the good ideas are kept and the failed ideas are reflected on. I also provide everyone free training on trading both Forex & Crypto alt-coins who is in my free group. Yes eventually I will make a paid group ($20/month), but the free group and training will always be there. This VIP group will be for those of you who want a bit more training, resources, and basically a more concentrated group of serious traders (they are willing to pay to be in... they're serious). Reach out to me on Facebook & Insta
by AustinTylor
1
ETCBTC Potential XABCD and Triangle break outMomentum (10), MACD (12, 27) and Stoch RSI indicate a good buy opportunity. So do simple and moving averages (10, 30, 50, 100 and 200) while Ichimoku Cloud Base Line (9, 26, 52, 26) is neutral, hence the price does not have any significant resistance. There are a lot of good fundamental news that will increase the price in the following month. We recommend to buy and hold but if you are a risk averse person set a stop loss mentioned in the signal, as with a sharp BTC rise the price may fall correspondingly.
Long
by Skyrexio
AMPBTC Three Drives PatternOn the 1-Day time frame we have a very optimistic scenario which indicates a significant growth in the following month. We examined 30-Minutes charts and found that after harmonic pattern XABCD we may see Three drives formation as RSI and MACD indicate an overbought state. The completion of this pattern will bring the price to the mentioned in the signal targets as fundamentals of the coin are good too. The major update is about to be released on February 13, 2018, their extension application will become a full web-app.
Long
by Skyrexio
3
XABCD Bullish Bat Completed TO TP2 Market Structure is Key to drawing up any harmoic pattern. Your most important impulse leg is your a:b and c:d you need to make sure that these reciprocate one another. I knew trend reversal was inevitable because we had a trend break on H4 which means for a stronger trend correlation. So once D pattern completed I do candle stick analysis on a lower time frame so i can get better entries meaning i look for dojis, evening stars ect.. then i set up my take profits, I usually go by market structure so in this case since were in a bullish movement im looking for resistant points in price, to follow a take profit but since i trade in nadex i usually give myself a day or two of completion of my analysis depending on what price points are relevant. But if you are a regular spot trader than i would set up my take profits to the next support or in this case resistant area which would mean your B leg would be your first take profit then C leg for me was the next take profit..
Long
by Helloandtrade
BTCUSDT Ascending channelWe found XABCD pattern formation and to confirm it we decided to use Ichimoku cloud. The price is above Ichi cloud, this indicates an uptrend and possibility to finish the formation that is drawn on the chart. Moreover the Leading Span A (green cloud line) is rising and is above the Leading Span B (red cloud line) it means that the uptrend is strengthened. Green cloud is now a strong support and we expect that the price of BTC will move in the parallel ascending channel.
Long
by Skyrexio