Folks, Morning.. Theta is ready to make even higher prices than we did last days.. Read the chart for more info.
Folks, Danger ahead if we fail to break resistance.. and fall back than the head and shoulder pattern is formed but the a confirmed one price should break the neckline + close under it.
Folks, See chart for information.. Use your stop loss wisely!
Folks, We see a Rising wedge on the 4 hour chart. plus shadows that meet exact the same price. If it were 2 days in a row meeting the same high than it would have been a Tweezer TOP and that is known as a very bearish signal and could mean a major reversal. Ok it ain't 2 days in a row but I would interpret is as some sort the same because bulls can not push...
Folks, We can analyze a lot how we want and try to understand as much as we can... but ' sometimes' trading can be unfair.. But that are all lessons.. We see here SANDBOX on its way to construct a Descending triangle. Most often than not this is a bearish pattern. It doesn't mean that prices are going to decline. NO. But there is a high probability.. Still...
Folks, UPDATE!!!!! Be AWARE head and shoulders formation almost confirmed because support didn't hold..
Folks, This sandbox/usdt chart I expect a lot from today.. We must manage to hold this support level and prices above 50 day MA --> than we are bullish and expect higher prices.. This decline is purely profit taking from yesterday.. The bearish engulfing pattern is not something to become scared by.. While writing this a DOJI is getting formed at a low...
Folks, Morning here is my view and opinion on the 4 hour BITCOIN/USDT chart.. I have wrote a lot of information in the chart it self.. But to summarize here.. We are still bullish the decline is because of profit taking from the gains of yesterday. We must manage to hold this support and try to climb above 50 day MA.. Positive is, while writing this, I see a...
Folks, Morning from the lovely Netherlands.. How is your mindset today are you in that winning state??? Honestly HOW DO YOU FEEL?? This is seriously a very important question. Because when you don't feel any good than what is the chance that you will have a good day trading? IS it wise to trade when you don't feel good? This is a question I ask myself...
Folks, Another NFT performing well while bitcoin is struggling.. Check out this opninion of mine about AXS/USDT 4 hour chart.. The wave of 1,2,3,4 and 5 is as following. Wave 1 = places with the flags are the subwaves in the first big 5 that can consist of 5 little subwaves as shown. Wave 2 = 2 flags 1. is the 1st decline 2nd flag is pullback is wave 2 and...
Folks, Getting interesting now! in my post before this one I said aggressive traders can step in now.. and that was at $0.59.- when the candle was a small body and now turned in to a medium body.. Price is testing it's support now (the close price of the white candle). If we hold this level than we can make gains upwards.. otherwise we will test, as it...
Folks, I have my eyes on Sandbox to make massive gains in the short future.. We see hopefully the Elliot Wave being completed. To be confirmed we have to close above the red resistance line I draw. This means a close above the long black candle moving downwards.. Most likely after an Elliot Wave has been completed the overall prior trend will resume.. In...
Hi Folks, These consolidation times are often very boring.. we want action.. But do you know that for 2/3 of the times the markt is going sideways/consolidates. And 1/3 of the time it goes either in an uptrend or downtrend.. What is your strategy? One of mine is to look for pullbacks/retracement (A real retracement in an uptrend is a decline between 33%-66%)...
Goodmorning Folks, Greetings from the lovely Netherlands.. As I am sitting with my cup of coffee in this beautiful winning mindset analyzing the bitcoin chart.. I am thinking is boring... This consolidation and support level testing.. We want action!!! We want to go up making money!! But first things first.. This is my favorite strategy.. I often use the 4...
@ClearOpenDoor My friend... the 4 hour chart tells me a lot.. And I learned when you want to which direction the future may go the best place to look for is in the past. As in Technical Analysis is a lot symmetrical you see it back in this chart.. This is my quick view for you on this chart.. prices may fall down back around 25% because earlier by breakdowns...
Folks, BULLS AND BEARS in deep war.. Bulls will survive but the question is where and which line? Happy to see momentum turning quite and volume is drying out when moving downwards + high wave candles.. Means bears are getting exhausted and we must be alert for a trend change.. or consolidation sideways. Fasten your seatbelts.. follow for more updates and...
Folks, Excuse me for drawing the neckline wrong.. Here is the update with the right drawings..
Folks, Are we are about to test the trend line again? We see the support line in the momentum oscillator is about to be tested. The candle of the 1st test of the uptrend line is forming and when you look at the lower shadow of the candle that tells us that for now lower prices are rejected. The real body of the candle is at the uptrend line. I personally...