Hello Fellow Traders, These are early days on this chart pattern, but there seems to be a consensus building among analysts that there is going to be a drop to 8,000. My cut goes a little deeper. BTC appears to be forming a symmetrical triangle. The widest part of the triangle is between $10,774 and $16,495 ($5,721 delta) When it exits the symmetrical...
Sia is currently forming an ascending triangle. This will bring SC to 334 Sats to complete the cup. A handle will then be created.
Watch out, it is going to go backwards in time, come back for you like a T3000 and murder you in your crib before you are even born to short it.
If you have steel balls now is the time to short BTCUSD.
There appears to be a nice bullish continuation pattern forming on WEED. The upward break from this pennant is $25-27.
There is an inverted head and shoulder pattern forming on Superior Plus. Pending orders at 11.80 with an upward price target of $19 once it breaks resistance.
It gobbles down the largest number around. Don't let the food slip from your teeth.
We watched for a very very long time as ETH was forming a rising wedge. Then it broke up and we all of a sudden got bullish and looked at the smaller time frames. @crimsonr was nice enough to pull my head out of the sand. The rising wedge had a fake out breakout and has now collapsed and is falling under the wedge. Doing a proper count now you will see that we...
That is all. See my other posts on this matter.
Hello Fellow Traders, What we are looking at right now is a bearish continuation pattern. That being said the 4127 region is a very very important place to watch. It is do or die for BTCUSD. If the bears win we will see 3000-2900. If the bulls win we will see 4500s and we will take a look at where we are going after that. Happy Trading
If you shorted and or sold the top congrats you saw all signs. The last rise appears to just be a bull trap and I hope you didn't buy back in, or, if you did it was for a quick scalp. Above you will see Williams Alligator and Fractals. They allow you to see if the trend is going to continue and the macro bear trend is still alive as well. There are no fractals...
There appears to be an inverse C&H forming on ETHUSD 1D. Stoch is about to flag sell, and the lower time frames are pointing lower. Pay attention to bitcoin as it can either take its second wave correction lower as there is a rising wedge that is it currently falling out of or attempt a run at a new ATH if is just going to make a larger channel. Gator is not...
ETH currently looks to be completing a bearish symmetrical triangle wave pattern. There was an event that occurred a couple of days ago that caused ETH to rise outside of the triangle but this did not happen on the ETHKRW pairs. This more than likely caused people to jump into the market prematurely. Since ETHKRW has the most volume I trust that chart...
It gobbles down the largest number around. Don't let the food slip from your teeth.
TD Sequential on the 1H hit 9 and we are currently in a countdown. This also made a nice double top formation with divergence. Consider putting in a short if a 1H candle closes under 322 I welcome constructive criticism.
ETH has potentially finished its last impulse wave (based on candle formation and AO). Look to sell at 321-315 and close at 280-270. Open a long at 280 and close at 310-300 and consider putting in a sizeable position and close at 175