Idea ETH/USD is en route to complete a beautiful harmonic reversal pattern known as the “deep crab” on the 1D chart. This is a very “clean” pattern and has been forming for about 6 months now. In addition, there is an even older 0.618/1.618 AB=CD pattern that begins from the lows of this current bull market and is projected to end right where the D point of the...
Idea ADA/ETH just completed a beautiful harmonic reversal pattern known as the “bat” on the 1D chart. This is a very “clean” pattern and now we must look to see if there will be a reactive move to counter the downward trend. Price Structure X: 10 Aug '21 @ 0.0004630 A: 29 Aug '21 @ 0.0009160 B: 17 Sep '21 @ 0.0006895 C: 25 Sep '21 @ 0.0008295 D: 24 Oct '21...
Idea SNX/USD is on the brink of a potential breakout to the topside on the 1D chart @ 14.90. The set up seems to suggest a bullish continuation for SNX/USD up to about 20.00 in the short term. Price Structure Top Trendline: 14 Feb ‘21 @ 29.00, 18 May ‘21 @ 25.90 Bottom Trendline: 26 Jun ‘21 @ 5.50, 21 Jul ‘21 @ 7.10, 07 Sep ‘21 @ 9.30 Middle Trendline...
Idea MANA/USD is on the brink of completing a beautiful bullish pennant pattern on the 1D chart @ 1.2000. The set up seems to suggest a bullish continuation for MANA /USD up to about 1.7300. Price Structure Structure Base: 13 Mar '21 @ 0.7426 Structure Apex: 14 Mar '21 @ 1.2505 Conclusion The difference between the high and the low of the pennant pattern...
Idea XLM/USD just completed the third iteration of a descending triangle pattern observed in this bull run. In addition, it has been quite harmonic in both the time frames and price projections in each case. Because of this harmony, it is creating somewhat of a step pyramid giving excellent indications of ideal buying opportunities. Price Structures Descending...
Idea TSLA just completed a beautiful harmonic reversal pattern known as the “bat” on the 4h chart. The most notable thing about the price structure is how well it has stayed within the boundaries of the actual pattern and the corresponding “bounce” observed once the pattern was completed. Price Structure X: 29 Jan '21 12:00 UTC @ 780.00 A: 02 Feb '21 12:00...
Idea ETH/USD just completed a beautiful diamond pattern on the 4h chart. Considering the inclined slope of both the 20D SMMA and 20D EMA, the completion of the diamond pattern could mark a significant continuation higher. Price Structure Structure Start: 03 Jan '21 23:00 UTC @ 1167.15 Structure End: 16 Jan '21 07:00 UTC @ 1216.10 Structure Low: 11 Jan '21...
Idea BTC/USD is on the brink of completing a beautiful symmetrical triangle pattern (isosceles triangle by geometric definition) on the 1D chart. The pattern will meet the apex no later than EOD on 26 Jan’21 (just six days left at time of writing). The set up seems to suggest a bullish continuation for BTC/USD and the 5W EMA which has acted as wonderful support...
Idea LTC/USD is on the brink of completing a beautiful diamond pattern on the 4h chart (this marks the second diamond pattern we have seen in the cryptocurrency space in just a few days; ETH/USD being the other). However, unlike the recent diamond pattern put in on the 4h ETH/USD chart, this chart shows even more of a bullish signal (once the price actually...