The price is testing the 30k range low and each time we get a weaker bounce from it suggests we are either on a flat support and volume dries out, or a pending impulsive breakdown and go straight to 20,000 or even lower. Other cryptos like XRP ETH are also seeing major support being broken. No reason to be bullish unless we see bottoming formation or selling...
When analyzing financial markets I always look at the big picture, that's what you do if you want to be consistent on making profits by trading. The equity markets are undoubtly too high and it due for a big correction at least. On the left you can see VIX has been forming a falling wedge just like what it did ahead the COVID crash back in March 2020. Notice...
TWTR inverse head and shoulders Huge gap waiting to be filled Price stabilized around lower fork channel Most importantly the Risk/Reward is fantastic ###NOT FINANCIAL ADVICE###
Short ETH with stop-loss above 3611 and a TP at 2600~2700 ### NOT FINANCIAL ADVICE ###
$DOT is looking extremely bullish We have multiple bull signals on this. 1. MACD golden cross 2. Ichimoku above cloud 3. Rectangle consolidation breakout 4. Inverse H&S breakout 5. Volume confirmation Targets #1 $57 #2 $75 ### NOT FINANCIAL ADVICE ###
XLMBTC breaks out from the 2 years long consolidation, it's an easy 2x play buying from current levels (Rectangles tends to not only fulfill but double or even triple depending on how long the consolidation phase it had) ###NOT FINANCIAL ADVICE###
BTCUSDT has formed a rising wedge pattern Opened short for target slightly below 50k ###NOT FINANCIAL ADVICE###
NIKKEI will have its first meaningful correction in the coming weeks ###NOT FINANCIAL ADVICE###
GAMESTOP is at a very interesting level where it had breakout of falling wedge & diamond reversal breakout, both are confirmation for trend reversal. Fundamentally speaking, historically $GME pumped on every PlayStation release since PS3. This time (PlayStation5) is no different than before. NOT FINANCIAL ADVICE
Cup and Handle pattern Projects target at 40 ###NOT FINANCIAL ADVICE
As the price of Bitcoin breaks all time high, people are either feeling the fear of missing out or be celebrating on twitter. I see it as a major red flag despite being early in this bull cycle. By analyzing $TOTAL and $TOTAL2 charts we can better identify where the next opportunity lies. Let's say we hit 2x target measured by the Fibonacci retracement on...
LINK going skyrocketing Falling wedge patter on LINKBTC and Asymmetrical Triangle pattern on LINKUSD Both are bullish pattern that already had the breakout I'm bullish on LINK at the moment Things to lookout are potential Bitcoin corrections and $DXY potential breakout to the upside
The whole cryptocurrency market is having a little pause here. ADA had no reaction after breaking major resistance says about everything.. However this should eventually go up.
Ascending Triangle Pattern breakout
symmetrical triangle waiting for breakout and volume for confirmation
It had the breakout and now retesting support, however the fundamentals don't look good for TWTR. I'd open a small position for trades like this.
ETH is having an Ascending Triangle A breakout from here would signify for a bull target of $1,950 ###NOT FINANCIAL ADVICE###