UnknownUnicorn22804749

UnknownUnicorn22804749

looks ready to explode, we have a descending broadening wedge, and inside of it we have a falling wedge pattern which we have broken out of, 2 bullish patterns, I will take position on 200MA flip and see how we react around the 200EMA, tight stop loss

UnknownUnicorn22804749

$TRB facing a bit of resistance atm, my actual target is around $25, I will probably breakout trade this with a 3x long, I am just watching for now, keep in mind the W pattern can also be formed much much sooner then expected.

UnknownUnicorn22804749

$VRA bounced really nice on the 200MA, I have drawn a white lined diagonal resistance which I will be watching, if we can flip that, we will have 2 potential targets which I have measured.. If the 200MA is lost we will come down to the green circle area which is a good buy zone

UnknownUnicorn22804749

Finally broken out of the falling wedge, we broke down out of it and reclaimed back inside followed by a mega pump, the weekly 200MA is the next target, and ultimate euphoria will be between the two green lines which is the 3D 200EMA support level us the weekly 200EMA at the moment.

UnknownUnicorn22804749

this chart is a perfect example of pattern trading and how to position yourself for a profitable trade, as you can see mid January we had a rising wedge pattern which everyone was ready to short because it was a bearish pattern, then it pumped and then formed into an ascending broadening wedge pattern, we then broke down from that and formed a descending...

UnknownUnicorn22804749

the #Bitcoin halving with the weekly logarithmic regression indicator , approximately 385 days remaining till the next halving which has historically proven to PUMPPPPPP straight after! on this chart the most important support level is the blue diagonal line, it must hold or we could come back down to the green lower band that also aligns with the white dotted...

UnknownUnicorn22804749

Sell in may and look away theory, is it true? well lets take a deep dive and look at this chart, which I have added vertical lines for every month of may from start of time to current time. Few things I noticed is, in 2013 you can see it went down, up down then 2014 continued going down again. In 2019 May we pushed higher then back down followed by a nice green...

UnknownUnicorn22804749

Timestamps speak for itself, I played this move up and I have marked the potential targets, support must hold here or it could be a nasty drop. personally I am expecting longs to get liquidated by a wick down then we will continue to pump to my targets I have drawn in green.

UnknownUnicorn22804749

6H time frame we smashed the 200MA, now I am watching the 8h time frame and the 200MA is now support next 8H candle we will have more clarity if we can keep pumping, zooming out lots of traders got trapped here thinking the rising wedge was going to DUMP, overall it is a bearish pattern, but we all know this is crypto and most of the time the opposite can happen...

UnknownUnicorn22804749

The only time frame you should be looking at right now is the 6H time frame, 200MA is acting as resistance and the 200 EMA is acting as support, lots of opportunity here, if 200 EMA fails to hold we short, if we flip the 200 MA we long

UnknownUnicorn22804749

we have a clear rising wedge (blue lines) we have actually broken down from the wedge and we are retesting it as you can see, I encourage you to also look at the 1h and 4h time frame too. the 1 hour time frame for 200MA is acting as resistance and the 4h 200MA is acting as support, tomorrow is a big day, we will see how the market will react towards the fed...

UnknownUnicorn22804749

if you look at my previous chart I did say it was going to come down and bounce, we have now broken out of the blue line and the green line is the resistance, if we don't get rejected there, I have measured the move to a target of around $18.88k

UnknownUnicorn22804749

LINK marines chart looks great, 203 day accumulation and about to breakout from the falling wedge , I have measured target for you for first take profit

UnknownUnicorn22804749

we got rejected on the blue line which was resistance, I am expecting a reaction where the green circle is, if it fails to hold the red line is the next support level which must hold

UnknownUnicorn22804749

the 107 day trendline has been broken out of, if you have been following my charts I was expecting a move soon due to the 16 day gap and the and the bollinger bands squeezing really tight. the 20ema on the daily (purple) is now acting as resistance, we have wicked above nicely through, so if volume comes in next target would be the 34 EMA which aligns perfectly...

UnknownUnicorn22804749

expecting a bounce lower orange line, if we do not bounce there, $14k is the next major support level

UnknownUnicorn22804749

BTC UPDATE, failed to hold the 200MA, green dashed line waiting for a reaction there if it does not bounce $15353 is on the table

UnknownUnicorn22804749

nice breakout of the green dashed diagonal, I am waiting to see how we react on the 200ema and 200ma on the 1h time frame for #bitcoin