Inverted H&S is a possible reversal pattern for $Band. Notice how RSI went from oversold and is finding support on the 50% looking to move higher! This trade is with a tight stop-loss, personally I'm already in the trade since I took more risk and got in lower trailing my stop-loss. Once it breaks lower I'll take profit and look for a new setup ;) *DISCLAIMER*...
From my point of view $Btc is slowly moving up since the huge dip in March. Finding support on the 0.236 fib followed to move up to the 0.382 to do the same, now we find ourselves on the 0.5 in confluence with the middle line of the ascending channel. Recently we had a short squeeze that won't proceed if we can hold the $10500 and stay above 40% RSI. Next...
While playing with some time intervals I stumbled on something looking like a Harmonic pattern. After some research I saw you need point B to close above the 0.618 which it fails to do so but it stays in the golden pocket meaning between 0.618-0.65. Also point C needs to go between 1.272-1.414 but isn't really invalidated if it fails to do so apparently. Then I...
Hello, at this moment in time it seems like we broke out of a bullish triangle with some good upside perspective. As we're trading above the ranging channel, opportunities may be good when you're looking to convert your Euro's to the Binance Exchange platform. Now you can buy into flexible and locked saving plans! For the flexible option you'll be rewarded with a...
Here we negotiated to get past the golden ratio several times on the local 'micro' level to get to the golden ratio at the 'macro' level for the so manieth time, it needs to break and oh boy if it does! *DISCLAIMER* I'm new to chart analysis since November 2019 and this idea is only for the purpose of sharing ideas -> NOT investment advice, therefore any...
Here we can see an example where the fib levels were respected very well, if we reclaim the 0.5 fib the breakout of the channel may be the start of a new set of impulse waves, 218 sats was a very nice entry imho! *DISCLAIMER* I'm new to chart analysis since November 2019 and this idea is only for the purpose of sharing ideas -> NOT investment advice, therefore...
We recently lost support of the trend line, will we reclaim it? First we have to see if we will be rejected off the 0.236 fib. Take note that a lot of locked saving plans on Binance will expire on the 3th of august, that may cause a touch 'n go! *DISCLAIMER* I'm new to chart analysis since November 2019 and this idea is only for the purpose of sharing ideas ->...
Can we see a fill of the gap and find support on the 0.382 to regain strength to move up again and retest the 200 MA? keep on rocking in the free world! !!!DISCLAIMER!!! I'm new to analysis since November 2019 and this idea is only for the purpose of sharing ideas NOT investment advice, therefore any feedback from aspiring traders and experts are more than...
Here we can see that the S/R flip is around 186 sats and how we are currently flirting with it. According to my analysis' pov we are at the bottom of the channel. Chances are that we hunt for higher prices until we break up or down from this channel. On the chart you can see that we've never been very far from the 200 MA so as long as bitcoin keeps ranging...
Last time Tezos had this divergence it made a strong impulse to the upside. First I want to see the 200 MA reclaimed! *DISCLAIMER* I'm new to chart analysis since November 2019 and this idea is only for the purpose of sharing ideas -> NOT investment advice, therefore any feedback from aspiring traders and experts are more than welcome. Always keep in mind not...
Here we can see a rejection during this corrective wave on the 38.2% fib, which confluences with the 50% on the RSI. When we can see an oversold RSI parameter where price touches and confirms support on the white trend line than I would be looking for an entry and ride the new impulse cycle. I'll share a new Idea when I see a new long term pattern...
Can we see a backtest on the channel that's taken from the body candle closes? If the answer is yes then the bulls might generate enough power to break through the heavy resistance trend line created by Dec 2017, Jun 2019 & last month's highest wick. Meaning a third wave in a third wave, low volatility and decreasing volume indicate that there's a big move coming,...
We reached the second border of the cup now a distribution phase followed by a strong correction back to the 200 MA and into the blue box has a high probability. If this scenario plays out then we have a healthy setup for a third impulse wave off the chart! *DISCLAIMER* I'm new to chart analysis since November 2019 and this idea is only for the purpose of...
After completing the first cycle, price is stabilizing above the initial level and while volume decreasing there could be a third wave incoming. Presales now @6.2k sats! *DISCLAIMER* I'm new to chart analysis since November 2019 and this idea is only for the purpose of sharing ideas -> NOT investment advice, therefore any feedback from aspiring traders and...
There's a channel being formed for exactly one year now between the 0.618 and the 0.382 from the fib between the local high and local low where the 0.5 acts as the middle. We got a recent rejection gathering more volume to break through. Is there a wick to the middle and can we find support on the 0.618? Then we can go 0.786 and potentially break the local high...
BAT made a beautiful rally outside the descending channel, it didn't backtest so we could see a retest on top of the channel which is in confluence with the 200 MA. Stay tuned!
On the 4H is a potent bullish triangle in the making. Good OB on the 0.382 with partial profit on the 0.5, once we manage to flip the latter resistance into support and leave the 200MA below us an awesome rally awaits us with staking possibilities in the meanwhile -> Win Win situation! !!!DISCLAIMER!!! I'm new to analysis since November 2019 and this idea is...
We're ranging between the 0.236-0.382 (local fib) with outliers at 0 & 0.618 possibly correcting before another strong move to the upside. !!!DISCLAIMER!!! I'm new to analysis since November 2019 and this idea is only for the purpose of sharing ideas NOT investment advice, therefore any feedback from aspiring traders and experts are more than welcome. Always...