Hi, Let's have a look at ETHUSD with a 4 hours TF. We can clearly see an ascending triangle with the Kijun acting as support. As long as we remain above the Kijun (= above the support line), a breakout to the 550's area is expected. Is the support doesn't hold, the next supports are at 420 and 398$ !! BTC is facing a strong resistance at 16 000$ and a move to...
In h1, BTC looks like it wants to go higher. Wait for the pennant to break to open long. The support must hold. If it breaks up ... targeting the peak of june 2019 @13900 usd It can also go down then up to cool off a little bit. beware, the MACD is not that good looking in H4. and still overbought. A correction is due soon or after the 13900 is reached if it...
XMR BTC inside a nice triangle As long as the support holds we can expect a break to the upside in the coming days (use a stop loss if it breaks down). Note that bitcoin has also to stay quite stable. We need to break the cloud in h1 TP @ 0.0125 MACD turning green on H1
As you can see on the weekly chart for DASHBTC - Bollinger bands are really tight in weekly TF - reaching end of triangle soon (support must hold) - MACD flat TPs are on the chart (used ichimoku)
Possible long to 398 when the flag break up If it drops, support at 372$
Looks like dash broke the yellow resistance. Bigger resistance is shown with red line. 2 possibilities if btc stay flat : - can't break the red line, back to yellow line tp 0.0079 - break the red line, tp1 0.0096 / tp2 0.0107
Hello, i previously mentionned a falling wedge in H4. It seems that we are now in a bigger falling wedge in a daily TF (shown by red lines) The wedge seems close to an end. A possibility is that we bounce on the kumo at the end of the wedge. if so, we are looking for the next fib targets (188 / 214 / 252 and 299 (last top)) Of course for that we need bitcoin...
Quick idea / very short term This flag could lead to approx 11,900's area if it breaks up Could also drop a little bit and bounce on the kumo MACD turning green Monthly candle closing soon
We are currently trading in a small falling wedge (yellow lines). This wedge could break up soon. If you zoom out on the chart you can notice this wedge is part of a bigger falling wedge (resistance is shown with red line). Once the small falling wedge breaks, the first target is the first blue line at 0.00794 which represents the bigger wedge resistance and...
Possible falling wedge could break up soon if BTC remain stable. First target is back to 0.786 fib then back to previous top MACD crossing green soon
As you can see on the chart, we broke out of a rising wedge on the 15min TF Looking for next fib level (0.382 / 0.236)