UnknownUnicorn22804749
I know what your thinking, there is a descending triangle (green lines) you are 100% correct and it is a bearish pattern , but if patterns always played out how it was supposed to in crypto then there would be no such thing called bear or bull traps. I have put my SL accordingly and I am expecting a move within 27 days or even much sooner for HBAR which has a...
4h Time Frame we are above the 200 EMA and 200 MA which is acting as support, on the daily time frame for the 200 EMA and 200 MA we are facing a bit of resistance. White lines are the descending channel pattern, which is often a a reversal pattern to the upside, and inside of the descending channel we have a symmetrical triangle which is the green lines, I have...
Trading patterns requires being on the ball constantly and when new patterns form you must be able to spot them and adapt to the new scenario, as long as your trendlines are being respected you are on the right track, don't second guess yourself and dont always think a bearish pattern is going to be bearish and a bullish pattern can be bullish, traps can be made,...
the orange scenario is most likely as you can see but I also have another scenario which is in green with the inverse head and shoulders, i have also re adjusted my wedge, both these scenarios make sense to me, I am ready for both! #BTC $BTC #bitcoin
I found this very interesting today on the monthly chart, everytime we lost the ema12 we visited or wicked below the ema55 the vertical lines are everytime the bitcoin halvings have happened and we are due for the 2024 halving in 2024! This does not mean we wont pump before then, imo it is going to be a slow climb up towards the halving! Now you need to take...
grey lines are support and resistance lines green red and orange lines are measure moves of the falling wedge pattern, please note this does not mean it directly goes up, it can be a slow climb up, this will happen BUT we can also come down to test 200MA first historically on the weekly time frame, everytime we have touched the 200EMA we did come down to the...
I do believe a big pump is coming, the blue arrow is actually the measured target of the falling wedge. As you can see inside the wedge we have the orange line resistance and the upper resistance of the falling wedge to break still.
almost two weeks of sideway action we have have finally had a break out, if this is a sustainable pump my short term target will be $34.9k
imo eth/btc has been holding well and we have a massive ascending triangle pattern which is the blue triangle. inside of the ascending triangle pattern we have formed a bull flag, i have measured the target of the bull flag which is the upper resistance of the ascending triangle
falling wedge pattern, the purple line is just an idea of a potential inverse head and shoulders playing out! I would like to add half the TVL has left all dex exchanges in general, towards end of last year there was $110B TVL now there is around $55B TVL 1inch actually has a market share and is an aggregator, which gives best price for that swap. Lots of...
(all time history index) we are very oversold bears are tired, it has held several times before. Green box is major support! Orange lines are resistances 144EMA must hold, if we loose the 144EMA we could test the 200 EMA and 200 MA. I doubt this will happen though!
W pattern which is a double bottom , i have measured the potential target, nice volume coming in too.
🟢cup and handle pattern 🟢falling wedge pattern 🟢bull flag pattern 🟢descending channel pattern lol do you want anymore bullish signs TA wise? the fundamentals are even more bullishhhhhh
the green support line, I like to call it the GREAT WALL OF CHINA, because it is a 16 month support line which has been respected. I am not alarmed at all, its only a 4.32% move down to the great wall of china, the move that we had of breaking out of the falling wedge was unfortunately a fakeout, and longs got rekt. if we dont bounce from the falling wedge...
$BTC.D I am expecting resistance to reject on either of the orange lines, hopefully coming down to the green line which will allow #altcoins to pump
$ALTPERP expecting a bounce, I have measured potential target
$BTC/USDT The falling wedge, inside of it is starting to compress, a move is imminent, imo it will be to the upside and May 4th with the FOMC will be the catalyst, basically the market is looking for an excuse to pump right now
i decided to take this theory and put it on the charts, I would be very interested to see what your opinions are