Well there are various ideas about where the local bottom would be on crypto charts for a rally but here is an idea for eth based on bullish gartley harmonic pattern. other altcoins are looking pretty similar. Trade with caution since market is very volatile and use low or no leverage as moves are stronger in percentage. Good luck.
Nvidia has completed a bearish bat HP on Monthly and could be a double to if the high confirms. Volume is also decreasing in uptrend which indicates reversal as well. You may wait for confirmations such as breaking weekly trend with high volume and printing reversal candle stick patterns... Good luck and safe trades...
All you need to see is a break-out with huge volume after a long consolidation and you know the rest... :)
Looking at the channel which successfully rejected from bottom, Cycles which it is in bullish phase, Fundamentally which CZ is behind it İs think it's one of the coins that you should have it in long-term Short-term? We got a resistance at 27-30 and a bearish cypher İf markets volatility allows we should see some sort of retracement to 20-22 area or at worst...
Broken the long-term bearish trend looking forward to buy for long-term holding at retest levels.
Simple, we see a bull flag here after uptrend so we can long the bottom of triangle or after break out, either way target is up in the sky... breaking down the triangle will give gold a chance of testing lower supports, however it is very very very bullish. dont miss both gold and a like below
This is Total2(crypto market cap excluding BTC)/BTCUSD or simply we can say inverted BTC dominance chart. I've pointed out BTC.d levels approximately so you can have a view of both, and I chose this chart because it is not indexed if wonder the reason. Well, here on log scale and on BTC.d linear scale chart (the bullish trend on BTC.d log scale is broken FYI) we...
Crypto markets had nice rally recently, every pump as a dump. But it doesn't mean ETH won't be bullish... as most of other Crypto Currencies ETH also has broken out so with some corrections bullish trend continues. Don't underestimate ETH we will some amazing moves from it. Let's make Vitalik big again...
After that rejection, break-out of daily SMA200 and bearish trend , a higher high, and that huge monthly candle there is not much doubt left (well there is always a little bit of it, but we trade what's more possible) bearish trend is over... So here may be the last chance to buy The line that I've shared in my previous idea about BTC as worked great and it may be...
LTCUSD has hit resistance in both horizontal and diagonal aspect, and completed a bearish Gartley HP. Also a bearish broading wedge is forming which breaking it down will lead to very low prices for LTC. Breaking out of bearish trend could change the trend.
BTC is below strong resistance area and this mid term neckline so I would be shorting it for now. Also this wind wave I found recently is working nice apparently and it's gonna turn bearish soon. Break of 7800 would probably end to 8300-8500. Safe trades!
Gold managed to break bearish trend soon without completing a retrace to mid-term golden pocket... but here I see low volume pump so I think of a retrace to broken level from any of these two resistance levels, then hopefully it will continue upward.
Gold seems to have just a little bit more bearish power, but it will be over soon. with MA200, 300 and golden pocket at support and RSI cooled down, I cant think of much bearish trend left. also a bullish abcd btw. Safe trades traders!
EURGBP is ranging in huge horizontal channel since 2017. And has bounced from bottom of it while creating a bullish anti-new cypher HP. Currently it is getting rejected from mid-term s/r level, so it's a good entry in my opinion. Good luck, safe profits...
It's simple and clear, short is my priority for now since it is below the resistance. If breaks current resistance, etherum may test bearish trend line(top of bearish channel) and next resistance area.
USDCAD clearly has broken bullish trend or you may say channel, but has the stronger bearish trend line above. While creating a bearish descending triangle.
Are we going to see another explosion for TOMO? Well it's quite possible as it has completed a bullish gartley and seems to be accumulating.
Let's make this clear that dominance chart does not necessarily indicate pump or dump. Now here we have falling wedge and descending triangle scenarios separated with an important level. Closing below the level could result in failure of the falling wedge scenario since it will be considered as strong resistance. Now what? If the bullish scenario or a similar...