acdmbe

acdmbe

The hammer is a very good bullish single candle stick and we are a few minutes away from this closing. signalling a reversal and a breakout of the wedge for the next 3 hours. good one to watch.

acdmbe

this may be a nice play. lots of potential movement to the upside in Storj.

acdmbe Updated 

awaiting the breakout but should have a healthy target if it breaks. target blue box

acdmbe Updated 

watching this could be a winner!

acdmbe

short term trade idea

acdmbe

Seeing as most altcoins are taking it in turns for a pump. going to watch qtum to see if it can breakout from this triangle.

acdmbe Updated 

The idea that a descending triangle is a bearish sign has been invalidated here. Been researching both flag and pennant trading patterns but am yet to find a flag with a descending triangle pattern. Is this a thing?

acdmbe

i have no favourites when it comes to different crypto currencies i try and walk thru a chart. however i have made some gains on this coin and its funny how a good experience with a coin burns into your brain. Whereas a bad experience with a coin always makes me nervous before pulling the trigger.

acdmbe

Speed resistance lines show decred keeping consistent. Strength building since it broke through previous resistance. I am looking for a retest of previous resistance now the support line and will put a buy order in on successful retest.

acdmbe

Bearish signal. target is blue box.

acdmbe Updated 

accumlating and awaiting the breakout. keep eyes on this

acdmbe

Its getting close to the convergence point of this triangle. All indicators suggest it will breakdown. However we all know that Bitcoin dont listen to any of them. So in my opinion its probable that BTC will breakout and head north from there. what do you think?

acdmbe

Is this the beginning of a new run?

acdmbe

Investopedia says: Theory Interpretation The Elliott Wave Theory is interpreted as follows: Every action is followed by a reaction. Five waves move in the direction of the main trend followed by three corrective waves (a 5-3 move). A 5-3 move completes a cycle. This 5-3 move then becomes two subdivisions of the next higher 5-3 wave. The underlying 5-3 pattern...

acdmbe

have a look what do you think? i drew this yesterday before it reached ath and its following perfectly right now. from investopedia: Theory Interpretation The Elliott Wave Theory is interpreted as follows: Every action is followed by a reaction. Five waves move in the direction of the main trend followed by three corrective waves (a 5-3 move). A 5-3 move...

acdmbe

MACD says so to.

acdmbe

watching !!!!!

acdmbe

the falling wedge can be one of the most difficult chart patterns to accurately recognize and trade. When lower highs and lower lows form, as in a falling wedge, a security remains in a downtrend. The falling wedge is designed to spot a decrease in downside momentum and alert technicians to a potential trend reversal. Even though selling pressure may be...