Currently testing major trend line - Overall Market Outlook: Bullish Expect a minor pullback then a return to the upside
The market seems to be creating a reversed head and shoulders pattern - its important to note as well that the market is currently testing a support line. Micro New-Resistance 0.00001032 (Also neckline level) Support : 0.00000999 Next potential move towards 0.00001155
If the market breaks out above $14,178 - $14,367 resistance area, we could see a move to $15,350 - however, please note MACD and RSI Divergence; If market respects trend we could see further consolidation or a pull back to support level $13,180. 24 Hour Outlook: Neutral
Broke through a micro bear trend - Testing major bear trend soon!
If market breaks out above there will be a potential push towards 0.00001106 Day Traders: If market breaks below 0.00000915 Sell Hodlers: Tech is undervalued - Any entry here is fine Trade at your own discretion regardless of my perspective and opinion Will Keep Updated.
On the left is what a potential Bat Pat would look like for the market. On the right you can see trend line and S&R analysis. You'll find that the market is currently testing a support line as well as forming a triangle meaning that the market can push out either way. If broken above we may see market price head towards $19,386 If broken below we can see the...
The market in the one hour time frame shows a Bat Pattern being completed, the reason why my Target One is set on 61.8 is because I do believe that the market will continue to move upward. If you note on the chart to the right we are about to test that newly set monthly support line. If respected we can see that push up passed previous week highs. We could also...
Excellent entry; trading range may soon be established in the market.
The market retraced precisely to 61.8% which was at $11,132 - I now anticipate a push towards $17,415 - which is 61.8 retracment of corrective wave. (IF bulls weaken at this area it may reverse and expose itself to a potential Gartley pattern - will be updating) Market pushed through down trend and now is moving steadily towards resistance $17,570
Stellar aggressively advanced forward, I'm expecting a retracment to 38.2% -
The market was in a channel between $379.79 and $261.80 until it broke down into a receding triangle, if broken below; we could see a retracement around the mid $140 levels.
Note the main triangle formation - I'm bullish on this particular pair. Will be updating this in the near future.
The market performed a strict bat pattern - I'm long to 0.00167 - Fibonacci taken from A-D legs
Trend analysis illustrates potential breakout towards resistance level 0.37 --- currently testing resistance at 0.25
Market broke above Monthly Bearish Trend Line - T1= 1.2
Be observant for this potential breakout to $80
Market is currently testing bear trend and support @ $4.24