ADA/USDT pair seems to be in a Falling Wedge to me, if the current supprt level at around $0.89 breaks I expect the price to go to the lower trendline again. Target at around $0.72 - $0.75 seems realistic to me, IF this scenario plays out. The other scenario I would look at is gaining supprt at the current level and wait for a high Volume breakout confirmation to...
Maybe a Head & Shoulders pattern building u Would line up with my BTC chart where I think the ascending triangle may be contiuation wise due to the downtrend that preceeded this triangle, together with the light volume this doesnt look all to good for a long entry in my opinion. Feel free to give feedback!
Practicing for the first time with market capitalization analysis, next to this I look at the BTC chart, the open interest figures, and the BTC dominance. Strangely enough, it strikes me that the usdt dominance seems to be in an ascending triangle and the BTC dominance in a descending triangle. Together with yesterday's price increase that does not come with a...
Personally I think theres a bigger chance of a continuation of the downtrend rather then a breakthrough the upside of the triangle. Time will tell. Either way I have prepared myself for both possible scenarios. Feel free to give feedback!
BTC now about to make a Higher Low at around 36k/37k? Feel free to give feedback!
Double top in case of a breakthrough of the 28k level with a target of 11.5k.
Short practice trade peaks and troughs. Feel free to give feedback!
First practice trade with speed fan. Together with fibonacci retracement and MA50 & MA21. Feel free to give feedback!
- speed fan 0.666 supprt - fib retracement golden ratio - parallel channel - ascending triangle - CHART LOOKS FUCKING SEXY!
15m: - Bearish divergence - Strong resistance level - No higher high 1h: - MACD about to cross south - RSI oversold, cross SMA south, not into neutrol zone yet - Small doji candles, no decision could be made while volume is declining - Strong resistance 4h: - BB + 4 candles - DOJI candle - RSI oversold, about to cross into neutral zone - Fibonacci 0.618 broken,...
Just a wild idea on BTC long term. No plan or idea whatsoever.
Potential bullflag on the usdt pair?? Targets are set with movement between top and bottom of the potential bullflag and with fibonacci retracement and extension... possible entry at support around 3.8k(ish)?
COMP is getting strong horizontal support on daily chart. Could be nice entry for swing trade position. Falling wedge is not validated yet.
- BTC Idea with support levels 46k and 40k-41k with 41K as crucial support level to hold in orde to maintain the uptrend. - And 48k, 49k and 51k as resistance levels in which 48k and 49k are crucial to brake in order to get into a bullphase and uptrend. - A retest after breaking 48k and 49k is possible, a break trough 51k-52k could be a sign for a S/R flip. -...
Ascending triangle, still a higher low en support from trendline and 46k area. Waiting for the EMA50 to cross the EMA200 upwards and volume to go up. BINANCE:BTCUSDT
Direction: Bullish Pattern type: Continuation Important resistance level to break and cruicial support level with nice retest. Potential Falling Wedge pattern but I cant confirm it yet, I'm still not a 100 % sure about that. Volume is diminishing trouhgout the pattern and should expand at the end of the pattern to make a breakout possible and validate the...
- Direction: Bullish - Pattern type: Continuation - A bullflag can occur within the context of a longer uptrend and following a steep upward move. Following this steep move the pattern the forms a short horizontal OR downward sloping channel shaped like a flag. In the stock market de flag portion of the pattern shouldnt last longer than 3-4 weeks on a 1D chart....