UnknownUnicorn22804749

UnknownUnicorn22804749

The pump out of the falling wedge pattern, formed a descending channel pattern now, the dashed white line is resistance of the falling wedge, the two thick white lines is the descending channel which is a bullish reversal pattern. Monitor this chart and trade accordingly, lots of opportunities.

UnknownUnicorn22804749

After every halving, #bitcoin has historically achieved to make a new all time high after the halving event, will history repeat itself?

UnknownUnicorn22804749

Sometimes keeping it simple give the best clarity on the charts, as you can see we are just holding inside of the falling wedge(white lines) It is very possible the bottom is in, we have seen time and time again when there is extreme fear in the market it is the best time to invest and when there is extreme euphoria in the market it is the best time to sell. It is...

UnknownUnicorn22804749

White lines is a falling wedge green and orange lines is a rising wedge green line must hold

UnknownUnicorn22804749

After every Bitcoin halving, a new All Time High is made, I repeat after every vertical line I have drawn is a halving and we have had massive rallies and a new ATH followed by the halving! The thick Green line that was support for a very very long time is now resistance, there is 456 days remaining till the next halving are you ready?

UnknownUnicorn22804749

We are back inside of the falling wedge, $16k is support of the falling wedge

UnknownUnicorn22804749

Rejection on the 200EMA and 200MA on the 1H time frame, major support is broken, a new low is on the table

UnknownUnicorn22804749

HAHAHA! Binance to acquire FTX, as you can see in the chart as soon as both parties tweeted this instant pump, I will now be trading the 1 hour time frame and watching for a reaction on the 200MA and 200EMA, if it does not get rejected I will go back to my original plan of longing into resistance of the wedge!

UnknownUnicorn22804749

A few posts ago I detected the rising wedge bearish pattern, which should have alerted everyone to be ready to short, I honestly thought we had another leg up into the resistance of the rising wedge then we would break down, but events in crypto such as CZ and SAM arguing public on Crypto Twitter has caused doubt in the market and big sell offs by the two parties...

UnknownUnicorn22804749

If you followed my previous post, I mentioned I detected a bearish pattern, the rising wedge and to wait for confirmation for a trade to come, the trade was when we lost support on the 200EMA on the 12H time frame and shorting to the 200MA, I have now measured the targets for what is supposed to happen for this bearish rising wedge pattern, please note this does...

UnknownUnicorn22804749

We have a bearish pattern of a rising wedge happening, the 200 EMA is acting as support on the 12H timeframe, which you should be monitoring if it holds the ultimate bear trap can be done breaking out of this bearish pattern. losing the 200 EMA, it means we will test the 200MA again to see if it holds! there are trades coming just wait for confirmation.

UnknownUnicorn22804749

Bitcoin is above the 200 EMA and MA on small mid and high time frames up to the 12h, this indicates we are in a uptrend, the daily time frame we are unfortunately still below the 200 EMA and MA which is $24000-$25000. We have a potential Bull flag pattern happening which I have measured the potential target, if this plays out it will give us a nice leg up, the...

UnknownUnicorn22804749

blue lines descending channel! White lines is the bull flag pattern which has broken out out, when you measure the pole of the flag, the potential target for $XMR in the short term is $220 Monero is undervalued and can got to $5000 next bull run

UnknownUnicorn22804749

we broke out strong this time from the descending channel, I called this spot on when I seen the W pattern forming, my targets remains the same.

UnknownUnicorn22804749

As you can see we broke down of the symmetrical triangle, and we lost the 200MA on the hourly! The good news is the descending channel is still being respected and we have formed a potential W pattern, (double bottom) I have measured the potential target of $21655

UnknownUnicorn22804749

200MA is holding great as support, looks like we will be testing the resistance of the descending channel again, breaking out from it or getting rejected is going to be a big decision maker on the direction for Bitcoin. Stochastic indicator is also showing we are oversold which makes me lean more on to the upside right now!

UnknownUnicorn22804749

200MA on 1H time frame must hold it is acting as support now, I was expecting a much more powerful move up from the bull blag breakout. We have now formed a descending channel on top of the bull flag, we could break out from this descending channel as it is usually a bullish reversal pattern.

UnknownUnicorn22804749

I really like LOG for NEAR, as you can see this had a massive rising wedge pattern (green lines), which then formed a double top pattern which I have drawn in red the M pattern, to measure the target of the M pattern you measure it from top to bottom and you can see it exactly went down 62.84%, NEAR then lost a major diagonal support which is the white line, and...