Trading pattern with several opportunities of trade. Good reward. 15m timeframe. Lovely.
At this point in time, it is possible to go to the resistance zone again. A lot of people took profit last move, and it seems we are back in the game. In the short term, I'm optimistic, and I think we're going upwards again. If Video about triple tops: www.youtube.com I wonder if TOP2 and TOP3 are in fact TOP1 and TOP2, and we are about to see the TOP3. If...
a) Equilateral triangle. Market indecisiveness. b) Descending trend-line above lower-highs. Resistance. c) Ascending breakout, supported by ascending support trend-line. d) Ascending channel . e) Minor descending triangle (some traders say that they breakout on this figure should go downwards, but in this case the major equilateral triangle has preeminent final...
This is an improved version of a triangle I had already published. Hope you're ready for that shorting. It look we're going down in the following weeks...
In this analysis: - I'm ignoring volumes. - I'm ignoring time ranges. And I'm considering: - Possible price oscillations around the EMA200, with secondary use of EMA50 and S&R. Comment, Like and Share. Good Trading! 🥇
Guys, what do you think about this pattern? I've heard a lot of people follow it. Also, what do you think is the best reading can someone have on this topic (chart patterns on technical analysis)? Like, comment and share.
I suspect that BTC price oscillates around 200EMA 15m steadily. The MAX and MIN can be easily followed. Even the exceptions like the double MAX in the chart don't go too far. The price usually oscillates around the 200EMA 15em, around the range of 1% to 2% (rarely the price increments as much as 3%). This seems to be the behavior of the price in normal...
I suspect that BTC price oscillates around 200EMA 15m steadily. The MAX and MIN can be easily followed. Even the exceptions like the double MAX in the chart don't go too far. Thoughts? Share with your friends, destroy that nasty like button and comment your ideas.
Comment, share, and like. Testing 3 points of resistance.
- How would you predict a movement like the one we saw on May 12th? Those days BTC lost >55 % of its value. - How can we take advantage of that? - What technical/fundamental indicators do you suggest to use/be more accurate? Any ideas and thoughts about this topics are welcome. Guys, push the like button, write a comment, and share with your friend and foes....
- Testing again the 9460 area. - As in previous days (See 1). Failing this area area, which is likely, could take the price to the 9270 area or below (8940). See 3. - As you can see in the RSI indicator, BTC is strongly overbought is a short period of time, which could lead to a drop in the price. The price is not consolidated enough at current price. See 2. -...
Possibly to lower prices. Retesting.
This is an example of something that happened today. This is just an example case for personal study. If you have any comments on patterns like this one in BTC, please, post them below.
SPANISH: Les comparto un modesto análisis del 1D. Pienso que ésta es una etapa de consolidación, aunque esa resistencia naranja en bajada, me hace sospechar que la presión compradora ha perdido mucha fuerza, y en los próximos días el precio se salga del canal alcista. Habrá que ver si mañana y pasado las proximas velas logran subir más allá de la resistencia...
This is a simple but powerful idea. I've calculated some simple proportions for time distances and incremented percentage price, between the 1º and the 2º halvings. Then I related the results for similar proportions between the 2º and the 3º halving. ATH is All Time High(s). 1) DAYS: First and Second halvings: 525 / 364 ≈ 1.44 Second and Third halvings: x days...
I've calculated some simple proportions for time distances and incremented percentage price, between the 1º and the 2º halvings. Then I related the results for similar proportions between the 2º and the 3º halving. DAYS: First and Second halvings: 532 / 357 ≈ 1.78 Second and Third halvings: x days for next ATH / 532 ≈ 1.78 x = 1.78 * 532 ≈ 946 days PRICE: First...
Things are getting exciting here!
Resistance level of 9.2k and uptrend channel convergence. Is there a price action confirmation? Next resistance at 10.2-10.4k Let's go!