After the rally at the end of October, MATIC has come back down to test previous support, and does so with a small double bottom at a previous structure. This gives a good buying opportunity, as this structure is a perfect place to put stop losses below. Disclaimer: I am not a professional trader or investor. I post my ideas and analysis for fun only. This is not...
The DOT/BTC price came back down to support near the 0.0007650 area. This brings an opportunity for entry, to ride the next wave to the upside. Disclaimer: I am not a proffesional trader or investor. I post my ideas and analysis for fun only. This is not financial advice.
The ADA / BTC price came back down to test the upper line of the falling wedge, after breaking out of this wedge. This brings an opportunity for entry, to ride the next wave to the upside. Disclaimer: I am not a proffesional trader or investor. I post my ideas and analysis for fun only. This is not financial advice.
If the weekly candle closes at or around the current price range, the weekly chart is showing some signs of weakness in the short term. Notice the big long wicks, as price wasn't able to stay above the previous all time high of April 2021, after trying to break out. I don't think the bull run is over, so the downside target is somewhat conservative. If price...
There is a potential inverted Head & Shoulder pattern forming on the GRT/BTC trading pair. The shoulders are located at the same level as previous support and resistance levels. Current prices give a good risk - reward ratio to try and trade the break out to the upside. Note the descending trendline that has been forming since June. This trendline might give extra...
NEO: Wedge pattern tightening (PART 2)
In PART 2 I will use the same fibonacci extensions to give a prediction of the next potential high after the next bull run comes in.
Time for a pull back after such a huge run op. A bear triangle forming, looks like breaking down. Targets at the nearest previous resistance level, since it's a very bullish market.
NEM had a nice bullish run the pas couple of days, but is heading south in a pretty steep fall now. If it comes down to the previous structure level around the 0.618 retracement, i'm looking to buy again to continue the bullish sentiment.
After a nice double bottom at a major structure level, a bullish break of structure took place. After the pullback to the 0.618 retracement of this bullish break out, now is the perfect time to buy on a 2618 trade to the upside.
On a slight pullback within the forming bullish triangle pattern, it's a perfect time for a long entry. Since whe are in no mans land price wize and thus already broke previous resistance, I used fib extensions to determine profit taking targets.
Bullish wedge pattern forming. If we could get a little dip for a better entry point, this could be a nice potential trade. If you're agressive you can descide to buy to make sure you don't miss the next leg up.
Be carefull on this one. The fundamentals and recent news around NEO is verry bullish, price action has already showed this. Since I think this is a very bullish market at the moment, only the slightes pullback from the recent highs would give some opportunity to buy at a better price and ride with the trend up. Short stops in case it does turn around.
On the daily charts still a bullish trend. Wait for the retracement into previous structure for a LONG oppertunity.
Bitcoin boiling up for a big move higher untill next resistance around the $650 area. Watch for a sudden drop in price till minor resistance at $425 for a nice buying price.
After the break out on recent structure, a nice pullback into previous structure level for a chance to hop on board the Long train.
Fib confluence on the pull back into daily structure around the current price level. With 60M structure, price action showing long wicks to the upside and fib confluence. This is a decent place to SHORT for a high probability trade.