Cup and Handle is an continuation pattern. Rounded Bottom Patern are also too. they can be very accurate, on average 50% in the first and 68% in the second reach the targets at 30% and 29% respectively according to studies on normal targets. In normal markets the charts used are weekly. I do not have studies to present with bitcoin, but I bring a technical...
Mana crossed an flag line thats pulls the target by fibo 100% at 6,5 Macd and DIDI's index are poiting up, next 4, 8 hours can show us more. Flags usually perform 100% of if initial win, in that case can hit 200% could be an wave 3 of Elliot
Hello, seems we find another big flag, this time the target ar 80%. Flags aim the same range of it initial movement, that leave us for exactly all time high of this crypto. The most safety stop buy is 0,017 But you can take a closer look and set an stop buy at 0,0154.
Look at this beautiful cup'n handle, the way we like it, big and easy to see. The only problem is that today perform 10%, should be better if take another rest before it break the cup'n handle like the red line i draw, that should be great to break with strenght. Cup and Handle is a pattern that reply the size of the botton to top, in that case 60% and get the...
Another cripto in flag pattern, LRC. Flags when broken upside aim the same target at it first pump, in that case 190% or at least 40%, as the size of the triangle. Macd are also trying to perform an up trend.
Short time on 4h Did not mean much cause are in 4h visible, but its an warning signal for the next days Could bring bitcoin to perform some kind of double top on higher times. Take a close look at neck line bellow, that's where the short start.
Flag at 40% projection, high volume, safe buy trigger at 0.433, risky trigger at 0.397 in 4h time for few days. Tec. Explanation: flags when top line breaks usualy double his size. Strategy: Stoploss at 0.358 sell point at 0.5 and 0.55
Flag at 400% projection, good volume, safe buy trigger at 45.00, risky trigger at 42.00 in week time for 2 - 3 moths. Tec. Explanation: flags when top line breaks usualy double his size. Strategy: Stoploss at 32.00 stopwin???? I Don't know everything.
Flag at 40% projection, high volume, buy trigger at 0.12 in 4h for few days. Tec. Explanation: flags when top line breaks usualy double his size. Strategy: Stoploss at 0.103. Buy at 0.12 and sell in 2 times: first at 13% for safe, second at 0.16 for 40%.
Bitcoin are showing signs of weakening. 1.RSI are poiting down, and btc growing price. Possibility of Diverging RSI. 2.Bitcoin are loosing vol. That's mean the main trend are loosing strength. Technically by the books thats mean the trend are wrong, people are not interessed at that price. 3.Bitcoin broke a triangle at 60k and should be flying 30% right now,...
As bitcoin looses marketshare, altcoins are getting highs. First Xrp, Then Doge, now its seems to be time for ADA. They are growing on marketshare last week, you can see at coinmarketcap. Start the day with 1,98% of marketshare, now ends it with 2,13%. Ada break that flag on my point of view. Ada performs the "Didi's needle" when mma of short and long open...
Tesla used to fall about 60% last time that happen. Tesla fall mor or less 40% since last high. Tesla break through that down trendline and can be on right shoulder of an head and shoulders pattern. If Tesla break through 721 can target all time high at 960 replying that head or facing the resistence at 900. Eyes on Tesla and lets see if has that strenght
An possibility of correction at 4h, watch on that Rising Wedge Pattern. Wedges has 70% of correctness, but first must break that down line. Normally its break the line falling down the candles, then come back to test the line, like i drawn.
on the most of time the wedge works, but in this crazy market called cripto,lets see what happen. Teorically, Falling Wedge shows a great possibility of pump. ETH has to cross 184-188, on fib region to confirm.
BtcUSD are diverging from RSI and MACD for too long, making the shorters like me get crazy, becouse still rising price... And everytime seems to fall, grows more! I started to watch and think about how such great divergence can be wrong. How many analyssists that share ideas here can be all wrong. After many years loosing money on short and long btc i get...
RSI and MACD divergence never fail.... Soon btc will drop down
RSI diverging on 30 min and 15 min... Rsi divergence is a strong indicator... Wedge is a strong indicator too... That means a strong possibilite of falling btc... BUT, market still can get to 4400 or more by Fibo.
Just simple like that: If reach blue resistance line and break it, high pivot. If reach red support and break it, down pivot. Right now? Don't do nothing... Just watch