Nasdaq is forming a bull-flag / falling wedge-type structure on the 4hr. Indicators are still firing bullish on 4 hr, but also mixed signals with the kijun-sen cross, which is bearish.
My guess is price will touch the bottom line of this wedge,
then briefly go back up to touch the 30 min POC @ 17545, then down to complete the wedge pattern, find the liquidity...
There's a clear Wycoff accumulation pattern forming, looks like we are in the "secondary-test in Phase B" stage of the game here. I expect a retrace bounce to the first preliminary support zone and then form a 4hr channel, then drop to find the spring in phase C and then go back up to local highs in phase D.
There's a clear Wycoff accumulation pattern forming, looks like we are in the "secondary-test in Phase B" stage of the game here. I expect a retrace to the first preliminary support zone to form a 4hr channel, then drop to find the spring in phase C and then go back up to local highs in phase D.
BETR should break out of the falling wedge after updating local lows and sweeping liquidity. Should bounce here, but seems like institutional investors are selling. Conflicting stock data on different websites.
It looks like COST is making a H&S. Price might fall into the wedge, and then moon after that. Could go to the Fib around $362. People will horde Costco when SHTF, but look at what happened during C19 crisis when the toilet paper ran out. The oil crisis could put constraints on trucking and suppliers being able to fulfill orders. My gut was telling me to sell...
Sort of looks like Head and Shoulders forming on the daily. Price hasn't tested the 200 ma or 50 ma on daily in a while. Ichimoku cloud is too steep, looks like its going into the cloud, if it goes under, temporarily fucked. On balance volume needs to come back to earth and re-test trend line. Dropping daily volume on this asset should affect price. I could...
Falling wedge inside of huge reverse wedge, and and strange ichimoku anomaly seen on daily chart. This is very cool and trendy.
On balance volume also mimics reverse wedge and is steadily increasing. look for large volume spikes/influxes in the next couple weeks. Possibly see 15 cents in March.
The 15 min chart for XRP printed bullish divergence, with lower lows on the price, but higher lows for OBV. Could signal possible reversal for XRP in the short term.
My guess is it will make a run towards the next closest fib line, with is .2040 area
Went in long on 5X leverage, target .2020
Used the renko daily chart. Trendlines show XRP hitting $1 between February and July 2020, then $2 in November’20, if price stays in the range of these channels.
Bull flag on the 1 hour chart, forming wedge-like triangle indicating end of consolidation and possible run up equal to the percentage of last run. Just a hypothesis, no new news that im aware of.
