Se7enSkies

Se7enSkies

This pattern looks like a hidden bearish divergence, which is a nasty and disgusting pattern for someone who’s been bullish on silver, but at the same time if silver goes down to s**t, I think that’s a good opportunity to buy more silver, though I see a bullish reversal pattern forming on the daily chart. Anyway, fundamentally if we want silver to go 15-20x in the...

Se7enSkies

Silver is forming a bullish reversal pattern in the form of a reverse H&S. My short term target is around $26.2-$26.4 resistance. If we do not form a reversal pattern to the downside at that level then we will have more upside movement ahead of us.

Se7enSkies

Gold is trying to form an ascending triangle on the daily chart. My target for this ascending triangle is $1,860-$1,870. The reason for this target is due to existence of some resistance at that level. If we find support around that level then we will not see much correction to the downside and continue the upward movement. If the residence at that level forms a...

Se7enSkies

Dow Jones is forming an ascending triangle (bullish) on the weekly chart (long timeframe).This set up is the indicating that if the price breaks the resistance trend line, the stock market might not be starting a downtrend anytime soon.

Se7enSkies

Gold has formed a Cup & Handle (bullish) on the 4H chart. My short term target for Gold is $1,848-$1,852. If we break resistance at that level then we have a high chance to see $1,875-$1,880. If this scenario plays out, we will see ATH sooner than later.

Se7enSkies

BTC daily chart has formed a double-top with the daily RSI hitting the oversold mark, which leads me to think it’s a sell signal for short term traders.

Se7enSkies

Price movements and patterns around $45k will tell us if this BTC jump is the continuation of the bull market or a dead cat bounce. My triangle says we will face rejection at around $45k, but we will need to break above the trend line for the bulls to stay in control. We’ve had a big spike in the volume too so that’s another reason I believe we can see $45k btc,...

Se7enSkies

Gold is struggling to break out of the resistance level along the drawn trend line. Every time Gold approaches this trend line it faces rejection. Gold failing to break above this trend line has also led to the formation of a H&S. The drawn symmetrical triangle indicates that Gold staying above $1,780 will not lose the bullish sentiment short term, but below that...

Se7enSkies

BTC daily RSI jut broke out of a descending channel. This can trigger a bull run because of the inverse H&S formed on the daily RSI.

Se7enSkies

Gold has formed a clear symmetrical triangle in addition to an upward trend line on the daily chart. I expect gold to touch the trend line again which can put gold at around $1,780. They way I’m going to try to track the movement of the price is if the price breaks below the trend line then we are not done with the bears and if we see a strong bounce and a...

Se7enSkies

Silver may be forming a Bull Flag on the monthly chart. For me to confirm that it is in fact a Bull Flag I would have to wait until it breaks abd closes above the flag pattern. I love undervalued assets because I see great potential in them. Silver is used in solar panels, electronics, medicine, used as a catalyst in chemical formula by chemists, used as jewelry...

Se7enSkies

Silver daily chart touched the oversold line on RSI indicator.Silver is trying to complete an ascending triangle pattern medium term, so I thought maybe this is a good level for silver to form a bullish reversal pattern and for that to happen we may be forming a reverse H&S on the weekly chart. The pattern is too immature for us to call it a reverse H&S, but I...

Se7enSkies

BTC looks like it’s trying to break out of a falling wedge, which might be signaling a bullish move for the next few weeks. The daily RSI has also formed a reverse H&S after touching oversold territory a few weeks ago. I wouldn’t say that breaking out of this falling wedge signals the continuation of the bull market. This breakout can be a dead cat bounce, but to...

Se7enSkies

Technical Analysis: Gold went down today, but it did not go below the support level stablished by the trend line. A big bounce as soon as we touched the trend line at $1,795. Below that level would have caused a drop to $1,780-$1,785 but we managed to bounce above that level. For me to become bullish, I would have to see the price break above this symmetrical...

Se7enSkies

Potential Rising wedge on eth

Se7enSkies

ETH is showing a pattern similar to a rising wedge pattern on the monthly chart. If price levels stick within the boundaries of this triangle then there will be stronger evidence that this pattern might be a rising wedge (bearish pattern).

Se7enSkies

In bullish on Australian Dollar long term, but before that I expect the formation of a pattern that can be used as a strong bullish signal and that pattern can be in the form of a reverse H&S. If we are trying to form this pattern then we can expect the price to go down to the level shown in the chart. The reason I believe Australian Dollar is going to lose some...

Se7enSkies

XRP forming Cup & Handle pattern since 2017.