ABCD completing here at the 1.272, which is the handle of a massive cup style accumulation, and scalloping neckline. You are trading the divergence on the daily, and the backtest of the resistance, as support
This is momentum trade on NKN, as we already have a trade setup on the daily. In this trade you would be playing the backtest of the inflection zone, and the stop can be adjusted to taste, however the idea is to take a 3:1 trade, while stoping out under the inflection point and the last swing low. The hidden bullish divergence on the MACD AND RSI implies a...
This would be a 3:1 trade on the break out of the ascending triangle / accumulation we have here on the 1HR at the PCZ of a Bullish Gartley. Entry would be above resistance on the break. Money flow is squeezing between 2 narrowing ranges while the RSI begins to flirt with the bullish control zone. We could very well break the accelerated trend before breaking...
Real nice double bottom here on Metaverse Hero. Bullish bat, building positive momentum after backtesting historical resistance as support Personally i think a tight stop without a timeout can be risky here. Sometimes ill put my stop real loose on the more illiquid coins, and if it doesnt retrace back to the wick low or near my stop, i will make sure i have...
$MKR has officially backtested the break out of the falling wedge consolidation here. This is a daily play and may take some time, but i do think mkr will have its day. Low risk, stop can be adjusted on a smaller time scale to taste, but 3:1 is easy to do here.
Loving the look on all these precious metal charts. Nice double bottom here on EXK on the weekly, at the PCZ of a bullish shark. Could also be interpreted as a bullish dragon, or Bearish bat on the CD leg now. I think minimum 6.75 looks good historically. The Bat would bring you up to 7.30, and ABCD targets at 8.84 and 10.60 for the full dragon.
Real nice bullish divergence here on the MACD, at the PCZ of a Bullish Gartley. We could see a confirmation low, but with the new CPI reports, it may not give us a chance. Position trade here, dollar cost averaging if need be.
Bullishly engulfing on the daily here. We've already got an open trade setup for Bitcoin, but we've gotten the confirmation of the breakout today with a backtest on the daily!
Call it a rounding bottom reaccumulation, ARC, or cup and handle, but its obvious we are turning around here on $MSTR and printing a potential inverse head and shoulders with hidden bullish divergence on the MACD Provided bitcoin makes new highs after the spring backtest here, i think we will start hitting some of these deeper retraces here on MicroStrategy
The best confirmation would be above the purple inflection zone at 18.31, but from here youve still got an easy 3:1 trade if you stop out under the low at 14.99. Clear divergence on multiple oscillators at that level, with a spring and bullish engulfing backtest here on the daily.
Real nice upside here. I wouldve expected the retracement to go further but the wedge consolidation that is the D leg of the XABCD here appears to be broken, with divergence here.
ZIL breaking above a critical level here with real nice divergence on the MACD. RSI looks like its going up to test the bullish control zone. Potential bearish bat would bring us back up to the .886 for a 100% gain from here. The BTC pair is looking very similar which could imply ZIL will be outperforming BTC in the near term for this bullish reversal. The...
We had a nice run from 13$ on a previous trade here on LAC, but with the bullish engulfing confirmation here today and the cup and handle structure implying a measured move of $37, i think we might have another move on our hands here. Eventually.
With bullish divergence on both oscillators we have broken the wedge, and backtested it here on EQOS. Real nice setup at a deep value area. This ones up substantially on the day one may want to let it come to you a bit here or ladder in.
Bullish divergence on both oscillators here on the daily as we retest a critical inflection point. Bullishly engulfing on the daily and up 14% already, but the reaction here implies a bottom.
Just an idea here. I do think we are going to do the 1.618 extension from our lows eventually here on ETH. Whether you are looking at this as an ABCD, Cup and handle (ish), or a breakout of a consolidation, the targets are confluent with each other. Now the correction after the 1.618 is merely just my speculation, but a 6.18 retracement off the highs would bring...
Beautiful weekly chart here. Falling wedge, with bullish divergence, nearing seller exhaustion. Money flow starting to come up a little bit too. Might want to dial in stop losses and entry on a lower time frame, these are not meant to be strategic, however they are 3:1+ targets
Nice harmonic reversal at support with bullish divergence. Reaction low, confirmation low, with hidden bullish divergence implying a continuation up.