Before ETH continues, I think it's very likely that it goes back down to at least around 1250 to test the previous neckline before there's any real chance of a bullish continuation. I'm personally more bearish and think it won't hold given a the ridiculous amount of global economic factors, even if it bounces for a dead cat. Volume continues to decline...
Hey guys, after 8 consecutive weeks of down, it would seem that we have hit a momentary bottom and can see a relatively clear EW impulse wave after some small accumulation. Ultimately I still believe we are going down long term as (check my last weekly chart) for potential levels to enter. The alternative is a test of $1880 first before continuing up (if it...
As per the chart, I believe dollar cost averaging in the zone will be relatively safe entries to long. Eth could flash crash further but only time will tell.
Vet has a great IH&S formed on the 15min timeframe and looking bullish
If BNB doesn't break through soon, I see it going back down to test the bottom side of the symmetrical wedge. Time will tell. Gl all
Following a massive dump, OMG has found itself in a Falling Wedge reversal pattern. Rough target points mapped. GL HF
Here we finally go, VET has been consolidating for longer than most with constant buying pressure. Explosion time?
Vet has been playing with the wedge for quite some time now and continues to prove itself. It's tiiiime
Going for a quick long scalp and entered at 2800. I plan to exit 70% of my position around 2990 and will hold the rest till around 3100 with a tight traling stop loss. From a long-term perspective, I'm pretty confident we'll be stuck in a bear market for some time to come.
I'll be buying it by the boatloads if we see these levels.
Although ETH broke it's most recent trend, I don't believe support will hold here and this is a fakeout. Lets see what happens.
Tron has respected this trend for some time. If the 'green zone' trend is broken, I see it dropping to at least the next support zone around 0.0176 however, if the trend is retained my rough TPs are below; TP 1 - 0.01825 TP 2 - 0.01860 TP 3 - 0.01895 TP 4 - 0.01915
Following large bullish sentiment, it seems BTC is ready for it's A, B, C correction. It's always good to remember that corrections are healthy so don't be alarmed just yet. There have been some semi-valid ideas shared that suggests BTC is undergoing a Supercycle correction and that this run was a large wave B correction and that BTC could hit 1k-2k levels. The...
Hi Guys, Just wanted to share a potential IH&S forming on the weekly for TRX. Hoping for a 0.01800ish entry Happy Trading :)
Hey Guys, I know ONE is brand new and extremely risky especially at these levels but the chart seems extremely bullish. Anyone's guess is where it will go next
XRP has broken out of it's long term Falling Wedge. The Bollinger Bands are also getting extremely tight. Hoping for a big move over the next week. Target points have been added to the chart and have been identified through a Fib retracement. TP 1 - 0.38215 TP 2 - 0.46200 TP 3 - 0.52654 TP 4 - 0.59108 TP 5 - 0.68296 TP 6 - 0.80 Please don't hesitate to provide...
Information obtained from Investopedia: What Is A Head And Shoulders Pattern? A head and shoulders pattern is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend...
Hey guys, first chart so go easy ;). This is just an idea but maybe we might see a double top at around 0.0012843? maybe a little higher? It's already quite high so it's risky but for those who are in, I hope it works out for you/me :) Any suggestions/help and constructive criticism would be greatly appreciated.