Red line - Stop loss Green line - Take profit Let me know what you think of this set up!
Triangle formed around 14th April and is testing right now. I suspect the rising wedge will cause the price to fall down to 1.47 before testing and possibly breaking. Let me know what you think!
Since most or all altcoins like LTC are influenced by the price of BTC, it's a bit hard to tell where their prices will go since it is dependant on BTC. But anyway, I'm overall very bullish on LTC. It's only a matter of time before this baby blows up. As always, wait for the 4H candle to close above the yellow confirmation box.
USDCAD had an impulse bull run and corrected about half of it, then started forming higher lows and higher highs shaping an incomplete ascending triangle and an inverted HS pattern, signaling another bullish run. If USD CAD begins a bullish phase, it should break through the previous high of around 1.2745 and then test the previous resistance levels of 1.285 from...
I'm still expecting a BTC short for now, bulls tried breaking the 51,100 resistance line 3 times but couldn't. If 49,000 support line is broken, expect BTC to reach the supply zone of 45,000
If you had a long position in XRP and you closed because you got scared of the dump, you're trading with emotions. According to the technical analysis, although the dump was surprising, it meant nothing. XRP was, and still is trading inside the one-month triangle meaning hold your horses and be patient because a breakthrough is on its way. Follow me for some more...
Dash update has arrived. Like ADA, check the previous DASH analysis if you have not already for context. This is the 30m chart on Dash, showing a beautiful bullish triangle pattern, signaling a breakthrough soon. Stay put for now and get ready for some action. Do your own DD on this, and do not act before finding a confirmation candle above the yellow box. Good luck!
Yes, you heard me, this is the ADA update on the 30m chart I know you're waiting for. Let me know what you guys think! If you haven't seen the first one, I suggest you check it out to give context on what's happening.
After a huge impulse bullish phase around Feb 10, the bears tried tracing Cardono back down to its previous price but were unable to, forming a very good looking Heads and Shoulders pattern and a near-perfect right-angled triangle signaling a possible breakout of zone 1 soon. As usual, I'll be waiting for a confirmation candle close at my yellow rectangle box...
If you have not seen the Tesla analysis, check it before seeing this. NIO showing the same patterns as Tesla. If you check the charts, both NIO and Tesla blew up around the same time in Oct 2020, and both broke their bullish phase around the same time. No more information on these two than this. but I will research more on it.
Will Tesla complete the inverted HS pattern? If so, the rectangle confirmation box is put till just under 715 to signal if a bearish candle closes under it, it's time to short.
After the XRP Feb 8/9 impulse bullish movement we predicted, it traced back down unable to break through 0.69, forming a mid-term resistance line at that price. Triangular patterns and trend lines show us where XRP will be trading in the upcoming days but remains Bullish. Around late Nov/early Dec, XRP shows the inverse pattern of what we see now after its...
Although Dash is showing some resistance at the top of the red zone in the golden ratio, it is still showing signs of an overall bullish phase. Forming LHs and HLs, we find a triangular pattern signaling potential for another impulse blow up. Longing is a strong option right now, but be extra cautious with your safe zones, and definitely wait for a confirmation...
Somewhat similarly to Dash's chart, LTC is forming an inverted Heads and Shoulders pattern inside the Daily trend lines, there is potential flow an impulse bullish phase soon, as the bears take the price down towards the bottom daily trend line. BUT! I would be extremely cautious with longing this as the weekly chart shows signs of a bearish movement down towards...
Dash has been trading inside our weekly trend lines for about 4 months. It reached a high around the 10th of Jan and has been bearish ever since (inside weekly trend lines). Bullish patterns started showing around the 29th of January reaching higher highs and lower lows inside the Golden Ratio. An instance of Heads and shoulders patterns started showing on the 4H...