See the image underneath: The Livermore Accumulation Cylinder was popularized by Massachusetts-born American investor Jesse Lauriston Livermore – who was known to be one of the greatest traders at his time. Livermore’s theory involved what is more commonly defined as an ascending broadening wedge, that takes place over larger time periods. Inside this...
MTL is getting ready for a breakout from the downtrend and ascending triangle. Buy a small bag and expect a new ATH in the next move.
We believe this is a pretty interesting setup. Downward channel ✅ 100 EMA support ✅ Resistance ✅ Bull and Bear traps ✅ Trading fakeouts ✅ Follow Crypto Fuente for more trades and trading setups.
Etherium/USDT is trading in a strong resistance zone (2600-2550) and we expect a break to the upside soon. Considering the strong bullish pattern, Etherium should reach the 3K target pretty easy. --- Entry 2600 zone TP1: 2750 TP2: 2900 TP3: 3050 Stoploss (7%)
$BTC sitting at the bottom of the Bollinger Bands has been a good buying opportunity since December 2020. Are you buying this dip or are you bearish on BTC? Let us know!
Here we have a Bullish Pennants pattern that indicates accumulation and might be ready for another leg to the upside. Also, take a look at the related ideas we share underneath: $THETA vs $BNB 🧐 ⚠️ Bullish Pennants are continuation candlestick patterns that occur in strong uptrends. The Pennant is formed from an upward flagpole, a consolidation period and then...
$REN one more time testing resistance soon, then it could have a breakout. Keep this one on your watchlist.
RAY/... is available on FTX exchange, it will be worth creating an account.
We expected a correction for SAND here due to bearish divergence and it found a good support zone just below the 200 EMA. $Buy the dip!
The breakout of this big pennant is going to be huge 🚀
BTC rose to $59k without filling the gap. BTC could come down anytime to fill the gap. Bitcoin is bullish here if it holds the $57k support.
Falling Wedge + Bullish Divergence = 🚀
Buy a small bag (1%) or wait for the retest.
Entries, TP's and SL are given in the chart.
Entry range 56.2-56.5. Wait for a position in BTC, until you have more confirmation.
Follow this trading pattern closely and keep watching CZ' Twitter.
Expect altcoins to continue and exceed BTC's performance in the upcoming months. ETH will definitely take the lead.