Broke trendline and closed above 200 MA acting as support potentially x2-x3 on the next run up
For a more detailed analysis you can scroll down lower Here is a summary of why I think XLM should pull a 50% ore more move here: - 1 year accumulation zone - Bullish volume in accumulation (strong volume when up inside the range, weak and declining volume when going down) - Market structure shift on the weekly USDT chart - 4 higher lows inside the range - Very...
Reclaimed range here, excellent spot to build a long towards the EQ of the range
VET looking like it has formed a solid base to break this 2 year long trendline. PA looking like it has bottomed here and forming a double bottom on weekly. MACD crossing bullish right below resistance Great risk/reward here
ZIL has been accumulating in this range for nearly 300 days now. Last week we saw a large spike up in volume and range high being tested for the 4th time. As we all know, resistance will get weaker the more it has been tested, it is likely that the next time the resistance is tested, it breaks. Staking is also being released soon which could act as a catalyst for...
FTM on the BTC chart reclaimed the falling wedge and is now trading right below resistance. Wedge is getting very tight and could see huge expansion soon. USDT chart also shows a large inefficiency on the weekly These inefficiencies tend to fill up quickly and this one is nearly 100%
Looking at a short setup for BTC which is the wyckoff distribution schematic #1 I can see BTC running upwards to take short stops and test the yearly open before going back down again, this way both bulls will be trapped and bears will be out of position. Trade plan: Waiting for BTC to push above the UT and possibly test yearly open, I will open a short position...
Matic seems to be one of the better looking coins. It closed a nice monthly on both USD and BTC pair compared to most alts, weekly is also looking ready for major upside The USDT chart found support on the daily 200 EMA and appears to be making a huge flag-like pattern signaling more upside is comming. There is nearly no resistance above us, and alot of...
BTC made a higher high on the Macro Structure (weekly/daily HH close) Currently I see the 5k charts popping up left and right so time to take a look and see what is really going in the BTC chart. Whenever a HH is formed in the market after a lower high , you usually want to buy the the higher low. So where can we expect the higher low? Well let's take a look at...
I have posted this idea before but I wanted to give an update on this trading idea. Untill now, we have seen XRP pretty much exactly following the wyckoff accumulation schematic #1 (see link: school.stockcharts.com ) We have succesfully reclaimed the range low, retested the Spring in phase B line and have broken our local high EXACTLY like the standard wyckoff...
As most have noticed, XRP seems to be lagging behind most majors in terms of percentage gains. I noticed that the ETH/BTC price action seems very similar to the current XRP/BTC price action and both show they are making a wyckoff accumulation schedule In the chart you can see the comparisons between both. Furthermore I compared the XRP/ETH chart to see whether a...
Reasons to be bearish here - 5 impulsive waves up - Rising wedge - Declining volume - Daily bearish divergence - Weekly resistance - Rising wedge We saw a perfect reaction from the 3.618 fibonacci extension The 4.236 extension is often the so called 'wave ender'. Touching this and giving a bearish reaction will give a short oppurtunity In my opinion a great...
Nice scalp entry here - Daily S/R flip - 4h hidden bullish divergence - 4h ob - 15 min bull divergence
Already posted RVN charts before but this chart deserves some extra special attention - Weekly bullish divergence - 8 months accumulation range - 3D bollinger band squeeze getting VERY tight (biggest squeeze ever on this coin thusfar) RVN has broken local resistance and retested it, It is looking like it could have some strong expansion soon as the bollinger...
One of the only coins on Binance margin trading that hasn't had a pump yet Forming a falling wedge on the BTC pair which bounced on weekly support Close below 57 would invalidate this idea Nice bullish formation on the USDT pair aswell with an ascending triangle forming
Sweet spot for VET here - Golden pocket zone - Daily orderblock support - Possible wave C ending here after completing a full EW cycle - 200 MA daily support - Falling wedge support line 58-60 is for buying VET/USDT also on support www.tradingview.com
LTC is one of the strongest looking majors right now on the USDT chart. 100 MA turned into support 200 EMA just tested as resistance and flipped support afterwards Appears to be making an inverse head & shoulders, breaking the horiznotal resistance would give a potential upside of over 25% Target of the head & shoulders shows nice confluence at horizontal level
TRX on both USDT and BTC pair very nice chart, showing more upside is likely USDT pair Broke 100 MA and tested as support Tested 200 MA and consolidating below, now attempting to break