Possibly a 10x move from here. 1INCH is a fairly new crypto, as well as Defi being new to crypto too. Because the prices are only $2 higher than the exchange entry price, price discovery is very likely during this alt season. The ghost bars show the price structure inside the bigger price structure (fractal). This means the prices must reach at least ATH...
You know what to do. I would only say it's valid when the top of the line is broken. Then enter around zone at for best entries and good RR. It's RISKIER than my previous fractal because the structure is premature. I made it as elementary as possible. Hope this works out and I'll be updating it when things change/go according to plan.
All you need to know is on the chart. Trade accordingly
Simple pattern recognition with 3 similar flats. This is how I imagine it will play out. Higher TF is still a downtrend. Make sense to think BTCUSD is setting up for one more drop.
If you see any of these 2 structures drawn above the green box, go long or at least look for long setups.
MACD - Double bull div on 1 h and single on 4h. Structure - Normal flat, no idea when C wave is going to end but it seems like it's going to be soon. How to trade this? Long if you see a strong impulse followed by a small correction of any type. It will give you nice RR.
The information is presented on the chart :D Also forgot to mention you can also take profits on the white boxes which are presented as resistance for now.
Looking like a falling wedge pattern leading to support between $1.6 & $1.7, and that's where the buy zone is going to be in this trade. RSI is showing bullish divergence on the 4h chart, I think it is likely we see another low here before we breakout from the pattern. Favourable Risk to Reward here Entry: @ $1.68 - $1.61 Stop-Loss: @ -8% TP1: @ $1.96, TP2: @...
Using Wyckoff's schematic 1 Accumulation,we can analyse the volume to the price action and structure. The description worth mentioning is written on the chart :P.
If you would look historically each time RSI hits 20 on the 4h chart we see a bounce playing out I will be buying up some BTC here @ $7,500 to sell at about $7,850 as the target. Placing a stop here is very inconvenient so it's very risky :O
As you can see from the chart it's interesting to watch whales playing games on this coin. Always retracing over 90% each time from the top to the bottoms. Because this coin has not done anything apart from acting like a pump and dump, i'm assuming its going to dump all the way to: - Entry: 23- 13 satoshi - Exit: I would go for anything above 300%-500% my...
It seems that populous is being accumulated here, which the volume spikes and bottom indicates it. Usually investors buy a coin at the bottom of a market cycle and accumulate the tokens before a major pump, I'm expecting an altcoin season to play out and populous to follow. A good coin with fundamentals :D - Buy zone = 10,000 - 20,000 satoshi - Sell zone =...
BTG has been crashing continually through out the whole bear market, you can consider this as a "dead" coin. When it's dead it's usually the time to load up on this shitcoin. Looks like a smaller scale alt season is coming up, so I'm preparing myself to load up on some BTG. Entry - @ 0.0055 ~ 0.006 Target - @ 0.012 Stop - 10% I'm betting on this to be the bottom,...
Just looking at this chart, you can clearly use a market cycle cheat sheet to compare the two and try to determine what will happen next. - Notice the volume at the bottom, to me this looks like accumulation for the next pump cycle. - Entry : $3 - $4.20 - Setting targets near ATH, tp1 : $5.50 tp2 : $9.20, leave rest to ride :D
This channel show in the chart is a extremely significant support, it has been carved along the way in 2017 for a long time. If this channel breaks we can see bearish movement towards the next supports @: - $7,260 - $6,000 - $5,000 Very choppy price action recently, stay safe in trading :D
As you can see bitcoin has complete a rising wedge, in my opinion this is due to a equilibrium pattern forming here leading to about 10k for it progress to completion. - I have the targets and stops set on the chart. :D
In bitcoins history we have seen many 1,2,3,4,5 elliott waves play out and double bottom in between waves therefore potentially buying the dip now can reward you very nicely, have a stop loss set below the neckline in case we start seeing more bearish movement