We have had a big move down. The cause of the move down IMO is because money is flowing into BTC after an ATH attempt after the correction last week. (this always seems to affect altcoins, because people pull out their money and FOMO into Bitcoin) Eventually, when Bitcoin consolidates for a wile, altcoins may pump again as seen before. This not financial advice,...
Triangle Pattern most likely to breakout to the upside in my opinion. I'm going to open LONG after breakout and confirmation. Take profit is previous ATH, stop loss will be right under the support line. Cheers ✌️💫🚀
Green Scenario: triangle breaks out to the upside, also breaking the channel along the way. Red scenario: Channel continues descending.
Let me know what you think, cheers ✌️💫🚀
I am seeing a strong support line inside the triangle. I will keep an eye this one, and enter LONG after breakout and confirmation. Cheers ✌️💫🚀
I sold 10% at the green line. I will sell another 50% at the second price target. The triangle has broken out, Cheers✌️💫🚀!
Reverse head and shoulders formation is a bullish signal. The levels are not perfect, but our support now was our resistance during the correction, cheers✌️💫🚀
I am keeping an eye on a potential breakout soon. Should be able to retest ATH, Cheers✌️💫🚀
It seems that Stellar is trading inside this triangle pattern. In my opinion be finally passed the correction of bitcoin. And because of the correlation to the performance of the altcoins to btc, I think it will rather breakout to the upside. Cheers ✌️💫🚀
It might be that this is a breakout on this triangle chart pattern. Since most altcoins are correlated to BTC or ETH, I will be keeping a close eye on them as well. However I am bullish on BTC and ETH (take a look at my profile to see BTC and ETH analysis from today). Not financial advice, Cheers ✌️💫🚀.
It looks like ETH broke out. I am expecting a retrace to the resistance of the channel, before a bigger pump upwards. Good news on BTC as well, take a look at my profile to see the BTC analysis. Not financial advice, Cheers✌️💫🚀.
In my opinion BTC is going to trade inside the triangle and breakout, meaning a small retrace to the support line. After this retrace, I think the correction wil be over. I am opening a long position after the retrace. Just my opinion, not financial advice. Cheers✌️💫🚀
Let me know what you think.. Cheers✌️💫🚀
We might trade sideways for a bit now. When the price finds support inside the channel I will be bullish, and open a long-position after upside breakout. However, when we breakout to the downside, I will short. I have marked two more potential support areas. I don't we will go down there, but those will be my take profits. Long seems more likely to me, since we...
I will only open a long position after the price line breaks out of the triangle. This is not financial advise, but I have some other advise: Be patient, pick your trades well and don't overtrade. Cheers✌️💫🚀
So I see multiple scenarios for NuCypher. In my honest, non financial advise-giving opinion, I thinks we go up. As we can see, the triangle pattern is coming along nicely. The parallel channel might indicate we are going to end up with a green scenario. I am waiting for the triangle to break out. Bitcoin should consolidate first, so we can see serious volume...
This is my price prediction on GRTUSD, based on earlier triangle breakout patterns this past couple months. Not financial advise, cheers✌️💫🚀