Inverse head and shoulders pattern with a target around $36. I'll be watching this close over the coming day or two.
BNBUSDT is still trading within a large symmetrical triangle. Technical Indicators: MACD - Signaling a small pullback, and a potential bearish cross coming in the next few days to a week. However, I do not think this will have much impact. RSI - Could have slight bullish divergence. Patterns: Symmetrical triangle - This is neither bullish or bearish. Look for a...
Please see the BTC chart. I have my notes on the chart. -I was wrong about the perfect inverted head and shoulders. After it broke upwards, I tried to see if it could be slanted. -I was wrong again... The second inverted head and shoulders pattern did not play out either (although it could with a slight note on the neckline. -I think I will be wrong again (so...
Dot has broken past the local golden pocket and the final major local resistance, and is currently pressed against the top of the major golden pocket,. which tracks back from the May - July dip. Chart Patterns: Dot rejected the bearish head and shoulders pattern that I had previously predicted on Sept 30th. The Head and Shoulders pattern from September could be...
LUNA needs more time to cool off and play out the major bearish divergence on the daily chart. I am currently watching LUNA to potentially form a complex head and shoulders pattern with the bearish divergence before making its way to a new ATH at the end of October.
DOT is about to make a new ATH. It is currently pressed up against a resistance after breaking past a previously noted resistance. We could see a new locat ATH this weekend.
Per the daily chart: We got a buy signal from ITG Scalper about a week ago when it bounced off of the 2-2.10 support. We will meet minor resistance at 2.40, 2.80 and previous ATH at 3.10. I am expecting ADA to run to the 3.50 area, then retesting 3.10 before running to my current target between 4.25 and 4.35. Expecting a minimum of 7.25 top before the end of this...
I had a question from one of you about this coin, and decided to show my method of madness on how to find low/micro cap coins to invest in. Sources of basic information: www.livecoinwatch.com coinmarketcap.com Answer the questions using the above sources: Who are the founders? (and are they trustworthy with my money) Stalk them! You are about to give them...
Vet is working towards breaking out of its current pattern by the end of the month, and looking to set a new ATH around mid November. This timeline could be accelerated by BTC and ETH pumps that have already started. I am looking for VET to set the $1 ATH in December, and if we have a super cycle, VET will probably run to $2+. If you missed Cardano at 5-10...
ETH is has currently been running for the last night days with only two days in the red. It is time for a correction before take off. Eth needs to close the day above 3800 to continue its run. Unless it does so, it will pull back around 3160 +- error. It is not worth it for me to sell my position and rebuy at 3100. However, Opening a short and closing it at the...
Looks like we possibly have found where we want to call the neckline of the inverse head and shoulders. Note: The right shoulder does not have to be perfect, and technically speaking if the right shoulder is a double bottom style, we could call this a "Complex Inverted Head and Shoulders" Pattern. At the end of the day... if we go down, we go up, and if we go...
XTZ breakout and possible targets by measuring chart patterns. Which target is correct?
My notes on BTC's moves in the coming week. Look for ALT coins to make some serious moves!!!
Massive cup and handle on HBAR. I saw potential here at the bottom of the handle. Levels to watch: 0.35 (confirmed as support already) 0.4 (currently working on breaking this resistance) 0.46 to 0.47 (golden pocket) 0.56 (Top of cup and handle, Expect lots of movement when it breaks this level) 0.75 (1.618 FIB level) $1 (Top of cup and handle potential and also...
Green prediction: Should bulls ignore the bearish news today (SEC Lawsuit), green is the likely outcome provided by normal technicals. Orange prediction: Technicals are very bullish on UNI, Orange is likely if the lawsuit impacts take time to tear down bearish technicals. Red Prediction: This is the likely prediction as the news unfolds.
This is the first TA that I’ve ever shared with a group, so please take this with a grain of salt. I would like input from some of the more seasoned TA focused traders. I would first like to state that I do not currently own any sushiswap, but looking for an opening to HODL for the rest of this bull run, and decided to share my TA with this group. From the...