Bullish Gartley in the making. The reaction was good, expecting a retest of the lows and a move towards 38.2 then 61.8.
Bitcoin is struggling to break out of the bearish trend. If it continues it could confirm a breakdown with a target around $28k
It looks like a Bearish Pennant but there's a lot of resistance down there. Targeting a test of 38.2 on the down side and a retest of the highs on the upside
As per Elliott Wave theory, wave 4 should not retrace lower than wave 1. Also, we are at 61.8 level, so if the bulls are to take charge, this would be the moment. If you want to get it, wait for some green volume candles to come in and market structure. Risk to new lows.
Potential AB=CD harmonic pattern and up-trend continuation setup. Enter above 0.25, set stop below 0 with a target to 1.
Bullish bat pattern forming on EOS. Keep an eye on the price if it starts going down and we put some market structure around point D you can start hunting long setups
BITMEX:XBTUSD seems to be playing at the bottom of an arch projection from the top, being close to the middle point. If it can hold in the next days above the 2/1 Gann line and break through the 3/1 green line and the big orange trend line this can be the start of a new upwards cycle.
Price is in previous range RLZ, looking for a retracement to the 78.6 of the previous move equal to the previous correction from the 29th of June. We have MACD divergence, Willy is oversold, waiting for market structure.
BTC seems to be at a critical level, if we close below the current trend line, we could be going down, but if we keep closing above in the next 3 days and break through the channel there are chances for a reversal
If neckline is broken we are going down
Bullish signal if the price breaks through the top with volume, let's keep an eye on it. Price also above 18 EMA.
As long as BTC doesn't go down in the next few days. Watch for a close above 25% then go long with a target to 100%, stop loss below 0.
Looks like Bitcoin is setting itself for some BOT levels
Looks like XLM is consolidating. Watch the crossing of the 25% to go long (ideally 2 candles closing above that level). Risk to the 0% level with a target to 100%
If you want to buy Verge, this would be a good entry. Actually anything below would be even better. Look for double bottoms and increases in volume when entering to confirm a change in trend.
Are we testing support and resistance atm? Looks like BTC follows a similar trend.
Looks like SWT might be starting a new cycle, what do you guys think?