Looks like a breakout and retest/downside fake out by BTC here in this descending triangle pattern. A conservative measured move target shows there will likely be some profit taking around 25k. A more aggressive measure move target (Not pictured here) could take price to around 26.9k level if a volume breakout and 4h candle close above 25k occurs.
ROSE has been consolidating in a fairly symmetrical triangle pattern since pumping to 9.5 cents. Consolidation looks almost finished as the rest of the market is showing a potential breakout. The measured move of this pattern would be just over .11. NFA, DYOR, always use stop loss in trading.
MANA has been building market structure during the consolidation over the last 2 months and looks ready to breakout with the Stochastics reset on the 8h timeframe. A number of coins have had these breakouts but MANA finally looks ready for potential 36% swing on this trade. Not financial advice, DYOR.
ENS has flipped bullish on the 1d chart and will attempt to create a parabola. The Williams Alligator indicator has flipped the green line on top indicating a new sustained uptrend could be in play. Fib extension puts the .618 golden pocket around the $80 area. If there's fomo to the .786 it could test $100. That's a potential 4-5x swing. Web 3.0...
Hi Tradingview. I haven't published an idea since Bitcoin broke above 10k back in 2020, and I think we all know what happened since then. As we are looking at another developing Macro swing, let's take a look at this harmonic pattern potentially unfolding on the 3 day timeframe. The Stoch RSI has flipped extremely bullish and the RSI is pointing up at the...
Hello tradingview community, For the purposes of this analysis I am not concentrating on price targets, but looking at what I believe to be some history that points to a continuation of the new uptrend/bull market. Highlighted on this chart by arrows we can see impulse waves followed by a bearish long bodied engulfing candle, and then, in the case of the 2017...
Hello tradingview community, this will be my first published chart here, so please go easy on me. Right now I see Bitcoin maintaining in a post halvening uptrend after the flash crash that dumped almost 20% of bitcoin's value in about 30 minutes time. After washing out long positions that were stacked for a halvening bullrun, the bulls aggressively bought the...