Ymoon715
PAY-BTC now at bottom + Falling wedge. TP at 0.382 FB level
If the Bullish cypher completes, the D leg will reach the Demand zone as labeled. Reaching D leg calls for confluence increasing the probability of the trade: Bullish Cypher + Demand Zone This is not a trade to SHORT to D leg.
If the trend line breaks through and closes, we will be able to go long.
Short after candle close past neckline. short to ~ 6200
It broke the bearish trend line and set for a pump.
These are everywhere right now. Ripple just broke a month long trendline and reached a super fresh demand zone. Targets are the fib levels.
Supply zone has been reached, seems like a major one. Also, it is supported by candlesticks.
We have a bullish Gartley forming. I see a demand zone in the 4 hour chart, and Stop loss will be very tight for this trade. The overall trend is still bullish, that increases the probability of this trade All discussions, questions, criticism are welcome and encouraged. I am on a journey to become a profitable trader, and I will be posting all my analysis even...
I missed a huge part of the downward trend, but USDJPY has reached the supply zone, and a resistance that has been tested quite a few times. I will be entering trade with short right above the resistance. This isn't the safest trade, as I already missed the initial downfall. However I think there is still more to go. All discussions, questions, criticism are...
There is a trend among all altcoins against Bitcoin. That trend is that no other altcoin can catch up to the growth of bitcoin. For Example, if you look at ETHBTC, after ETH almost over took half of the coin market share back in May/June, Eth was never able to sustain such growth, failing to exceed its previous high in USD. In ETHBTC chart, ETH is consistently...
We have a Falling wedge forming here. All discussions, questions, criticism are welcome and encouraged. I am on a journey to become a profitable trader, and I will be posting all my analysis even if my predictions are way off. This is the only way to get better; through constructive criticism
Practicing my Elliot Wave and ABCD pattern here. I see further downside for the British Pound vs US dollar According to the Elliot Wave analysis, it is starting its 5th wave of the overall bearish trend. Inside of that elliot wave, I spotted a possible ABCD pattern that could form and a possible rebound point. All discussions, questions, criticism are welcome and...
I realized I missed the trade, but here is an example of a textbook ABCD pattern. Upward retracement to 0.618, then downward to 1.272 fib level. Then it took off from there. This is just a reference for myself and maybe others so that we can spot such pattern more in the future and not miss such opportunity. All discussions, questions, criticism are welcome and...
There is a head and shoulder that already formed, broke out of the neck line and retraced. Retracements are expected and normal in Head and Shoulder patterns before it takes off. However the downward candle that formed before the market closed is not showing any wicks. It is important that we wait for a reversal candle stick before we go long. If we see further...
There has been a pattern of LTC BTC activity and now that it is at the demand zone, we have a good long opportunity
XLM/STR-BTC has exploded in response to the news that IBM used Stellar for a global payment system. This is huge. The fact that IBM chose Stellar Lumens shows a lot about the crypto, and the fact that it is $0.037 right now makes it a very appealing long term investment The chart is my prediction of how the price is going to move. I expect this crypto to...
Eth just reached the strong supply zone and it is retracing. I suspect the resistance turn support, as there was a strong rejection for a long time at 315. Overall the market is officially bullish after blasting through the previous high. After it reaches 315, it will head towards 360+
We are reaching yet another resistance, the second highest one. There are few reasons why this point is the critical area. 1. Resistance BTC has been breaking the resistance by resistance ever since the dip. We are at the second highest resistance. If we are able to break through this point, it could possibly signal that we are going to test the previous high, or...