I hope you like maths~ All the data is on the chart, use it as you wish! Leads to a bottom being around the 6600-7000 region. If the trendline gets broken and closed on the daily it is a short. Curve not being used to estimate new highs, just shows how the fractals highs are squeezing with the trendline. Want to join a private trading group? PM me. ...
A Mid-Longterm look on OMG/BTC One of my favourite projects, with a cyclic nature will hit back soon. A common cycle is sub $10, then above the $18+ region. Here we want to pick up OMG around a support region after it has some good buyback volume after selling volume thins or shakeout occurs. In this trade I use: ~SMA 30. ~Trendlines. ~Horizontal support...
Hello fellow traders. Another ethereum chart here~ What happens if we break the support ? Short opportunities! There needs to be significant selling volume, the trades need to be executed as stated selling off before heavy zones off support as there will be small bounces / big bounces that could trigger a reversal. Breaking the 400 EMA would be bad in terms...
Bitcoin / US Dollar 4Hour Timeframe Trade Setups All the notes are written on the chart about what each indicator is telling us~ In this analysis I have used -Descending broadening wedge formation -Trend lines -Continuation patterns -Head and shoulders pattern -Volume change -EAG Yume Wave w/ Rishi Bars -SQZMOM Indicator -Zones of resistance -50 EMA, 180 EMA...
Just a chart, not financial advice~ pm me questions.
A classic Tom Hall buy the breakout opportunity. **Meant to put significant volume increase. Wait for confirmation, set stop below the trend incase of fakeout. Notes listed on the chart. This is NOT a buy OR a sell signal. I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you...
I really dislike how the corrective waves are- but we are rolling with it. I have mapped out a plan for all the given situations on the chart. Potential b leg on a corrective wave opportunity due to a bounce on the trendline, ema and RSI levels support this play. Could be a really good pick up for a longer hold if the formation doesn't break down. There is...
Oversold region currently~ bounce off a potential support line could send it back to the top of the continuation pattern. This can give us a long opportunity back to the top of the triangle. An ideal place to close would be around the 72 RSI or the take profits position in mind~ Alternatively, if we fall out (less likely) we will be seeing further movement down...
Not financial advice~ just some fractals.
Looks like we may have fallen out of a continuation pattern, but we have just hit a trend line and the rsi is at an extreme oversold level~ this leads me to believe we will see some movement back up to the support line of the triangle before further rejection. I believe this is called catching the knife ~ europe style. This is NOT a buy OR a sell signal. I'm not...
Just a trade setup on a cup and handle. Will add notes at a later date~ This is NOT a buy OR a sell signal. I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you should never invest more than you're willing to lose. If you liked this short post, be sure to follow and like. It really...
Hello guys, so wrapped up in schoolwork. Due to how the fractals are playing out I expect a lower high currently and then rejection and a short opportunity as stated! Don't get bitmex rekt guis Fractals <3 This is NOT a buy OR a sell signal. I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me...
Street Fighter: Crypto Continuation Patterns Edition Bitcoin ultra button combination II : up triangle, down wedge, side flag, down wedge, down triangle, down flag K.O- ------------------------------------------------------------------------------ In this flag I believe BTC has begin to form (will update if the flag is a channel or a triangle), there are...
Potential Short Opportunity~ How low can the BTC go? Good morning all, today I present to you a nice little short opportunity which could be playing out on BTC. Here we have a rising wedge which pumped us into a small uptrend- which almost immediately printed us a flag. This sort of flag is generally a bullish occurance, but given the bearish divergence that...
First FX chart. Seeing what I can take from a technical aspect from crypto over to FX, trying and apply textbook knowledge correctly. EUR/USD Long Opportunity Given the way the price action is stuck in a channel travelling upwards and we are getting towards the bottom, after a bearish divergence on the RSI- there is a chance for a strong move upwards...
Conclusion: A perfect play would be a rejection off the channel / wedge (we cannot confirm either, slightly more likely it is a wedge) with not enough buying momentum- this would allow for a short opportunity onto a very nice support where we could then wait for signs of a reversal and could accumulate some bargain bin ETH. Other scenarios: Bullish breakout...