I do not know wycoff ranges well but ETH USDT reminds me of one. Purely theoretical chart.
Cup and handle pattern trying to breakout here, the "handle" is a bull pennant. Sitting on a rather significant previous resistance. If this pattern plays out here it could be considered a bullish retest.
This is just a simple chart outlining the clear consolidation range Bitcoin is in, expecting swings within the range and until we get a nice close and support/resistance flip outside the range its pretty hard to say where exactly bitcoin will go. We are near the bottom of the range now so its either we keep pumping upwards from here or test the 8600 level...
This triangle is the last hope for BTC atm We fail to hold this support here then expecting 8600. 4HR Is nearly reset so keep that in mind, if we bounce we need to reclaim the 9150-9170 area pretty important macro support. Theres also 4 touches on a rounded structure, Rounded structures on BTC breakout on the 5-7th touch, that means if we come up and respect...
XTZ Stoch 4HR looks very positive to me, broken out of a double bottom/painting a nice "W", there is a larger triangle structure there also Also a small adam eve bottom there that has thrownback after failing to break out. if we break the neckline again might find support at the OB there
Just a chart for reference important diagnol levels SP500 Possible channel structure in there
Just a simple support/resistance chart to refer to for SP500
#Bitcoin dominance sitting right on a 3 year long support area here. Bitcoin Dominance is a measure of how much of the total market cap of crypto is comprised of Bitcoin. The most important thing about Bitcoin Dominance is that it can help you understand if altcoins are in a downtrend or uptrend against BTC. When BTC Dominance increases, alts on the whole lose...
The descending scallop pattern is a curved elongated downwards support that has a throwback at the end of the curve (the throwback is the swing high before the 0.382 bounce marked on the chart) I noticed the nice ones happen to always bounce off the golden fib before breaking out so lets see what happens here. I have covered the descending scallop idea many...
Right now i see a BARR Bottom - Commonly found at 50 degree angle. The target of which is 10200. We need to hold this 1HR OB here (the support of the current consolidation) first of all, a close under it and we are likely to dump off as its starting to consolidate nicely above it. The other resistances to watch for are outlined on the chart, first need to clear...
Which do you think is going to happen, and why? 9583 is a very important level to watch, a weekly orderblock, If we can claim this as support again we can break 10. But so far its been a strong resistance point and now that we finally did clear it once again we quickly came back under. Either way the movement of BTC atm is quite positive for alts, lets hope it...
POWR/BTC is putting in a nice cup & handle structure here with a possible bounce off the 0.5 fib. Maybe coincidence but the measured move of the cup and handle is the 1.618 extension also. As long as we can continue to hold this nice uptrend thats developed on the 4HR and BTC does not do anything to crazy this could breakout. Beware of a liquidity grab/shakeout...
US30 Looks great, as long as we hold this possible bullish retest of the inverse head and shoulders breakout we may see some action here. Note that the measured move of the flag can take us directly to the weekly pivot. (See 1st comment for inverse head and shoulders) SP500 is right at a significant resistance so maybe US30 can pump from here and bring it up...
Possible Cat Ears pattern, note that i said possible. A cat ears pattern is found after a downtrend and consists of two "ears" which you can see above. Its a downtrend continuation pattern but it has a HIGH FAILURE RATE which means you are probably better off looking for long setups on it. A cat ears pattern has 6 variations, follow the link here and you can see...
Nice triangle on BTC.. give me a comment i want to see which way you think BTC is going to go.. ive outlined some possible paths of movement. Either we continue down here, another swing within this pattern Or.. We breakout of the structure. As of now we were rejected on previous resistance (bearish retest) and a weekly orderblock (9600 or so) So until we...
XTZ looking decent on the daily Watch for the close, could be a morning star reversal. Ive market out the orderblocks on the chart in grey, when price clears one orderblock and forms support/resistance on it its likely to head to the next. -Strong uptrend support line -Bullish retest on the current bounce -Breaking through the 0.382 fib next level to close...
Raven.. everyones favourite hype pump coin. Its been consolidation in this nice range/channel for ages.. Note that -Huge bull div on weekly (see comments) -Possible inverse head and shoulders or cup and handle if the handle forms (see comments) -At the channel/range support -Broken all diagnol resistances -RSI could possibly cross the 50 threshold soon
QNT one of my biggest gainers and personal favourites to trade.. This is a strong project with a good team and actually has a useful product.. DYOR (Do Your Own Research) -At breakout level of symmetrical triangle -At breakout level of IHS (See comments) -Forming higher lows (watch for a hold of the uptrend) -RSI Above 50 -The current pump is off a golden fib...