Target HS in chart, 2 possible entries i'm watching are also visible , happy trading !
Target in chart, my entry slightly above the target is also visible , happy trading !
This flag is keeping me on the sidelines at the moment.. Target around 58$ Let's wait and see if it gets confirmed. Ooetf hgekwck !
As we can see, LTCBTC formed this ascending triangle on the 4h chart. In case LTC manages to complete the target to the upside, it could also break the red resistance line which has held for about 2 years. When it does break that resistance i believe we might see LTC fly just like ETH has been doing after breaking its 3.5 year resistance line (ETHBTC). Watch out...
In chart we can see the technical price target of the giant cup & handle pattern in yellow. When we measure the fibs from all time high to all time low , we can find the golden ration just beneath the c&h price target. I'm playing safe and will sell just below the 1.618 fib level. Happy trading
As we can see LTC formed a beautiful W-pattern, retraced to the neckline and went further up after that. The technical target would be somewhere around 315-320$ which also is the price on our next resistance zone. By the time LTC gets to this point, my guess would be towards the end of this month, price would range on the top of the rising channel we've been...
Price recently broke out of this triangle, let's see if we can confirm the breakout for a 2500-2600$ target. Happy trading
Will this beautiful pattern actually shoot the price back up to the top of the rising wedge we've been forming on a longer term? This would take us to a 67 - 68k $ BTC Let's wait for a confirmed break out of the handle Happy trading
So, as we can see BTC is currently moving up and down in this giant rising wedge. Mostly, price breaks out of rising wedges to the downside but in this case it could as well be to the upside since i consider the uptrend to still be ongoing. IF we get a confirmed breakout to the upside the target would be around 84.000$. IF however price would break out to the...
If ETH manages to close above the red support/resistance box ( 1885$ ) the Cup & Handle pattern will be validated and we could see a 2475$ ETH soon. By the time price gets there this would mean it would shoot back up into the uptrending channel which started in january 2021. Happy trading!
If this C&H doesn't get rejected the target would be around 70.500$ Remember, in major bull trend, C&H formations have a 61% chance to hit the target. Happy trading
After forming a W pattern, if the pattern breaks out we could see a 52 - 54$ DOT , target in chart. Happy trading
Ok so, even though we just saw 2 rising wedges following up on each other, i wouldn't be surprised to see BTC dive under it's current trend channel/trendline towards 40k approximately to then rise up above it again towards 64k. So for those of you who got stressed when we saw 46k recently... it could happen again before more up... Happy trading !
I'm treating this pattern as an ascending triangle even though one could argue it could be a wedge and even though we've entered the triangle from above ( after a slight correction ) , in general we're still in a bull run which is why i consider it more likely to break out to the upside rather than to the downside. You could get in after a confirmed break out (...
LTC completed the handle of a giant cup. Cup and handle patterns give around 61% chance of reaching target during bullrun. So, around 300$ could very soon be possible. Not fin advice! Happy trading!
I've found a lot of Cup & handles recently in many charts. Why do i like this pattern so much? Well, statistically, in an important bull market , the cup and handle pattern's overall performance rank would be 3/39, which means it is the 3rd best performing pattern out of 39. It's average percentage of actually hitting the price target is a whopping 61%. These...
IF Atom manages to break out to the upside of the symmetrical triangle, it will also form the handle to go with a giant cup. Target displayed around 12.5$ Thank you for reading and GL !