Weekly trendline support was respected.. TK cross beneath the cloud as very mild bullish indicator. Cloud entry with flat top indicates target of 1273.. looking possible with bullish pennant break + retest locking price into upward channel.
Long term perspective on gold respecting trendline with weekly cloud support. Low time frame (4HR) might see a bounce due to trendline support.. early sign of tk cross + cloud entry underway.
Possible bullish formation on higher time frame which would signal a bit of sideways. This coincides with many alts looking to solidify an uptrend on higher time frames for btc and usd pairings. Similar target to previous post with an updated buy zone. Not financial advice. Entertainment and education, only.
NEO is poised to enter the daily cloud which could push price up to around +50% from current entry. Bullish continuation pattern + cloud metrics = confluence on high time frame. Very clean setup compared to many.
Appears to be the start of a new mid term bullish trend. Aggressive entry might be more favorable in this scenario as it will align with buy zone of the uptrend support. Not financial advice. Education and entertainment, only.
Monetha attempted to penetrate the cloud, but was rejected. That being said, there is a clear uptrend, and this trade has an extremely good risk:reward. I would look to buy along diagonal support highlighted by buy zone. The ability to close a few daily candles inside the cloud could see a very quick 2-3x as indicated by the flat top of the cloud. Stops should...
Cup and handle pattern could mean bullish continuation. Measured move up provided. Approach 1: Buy the breakout if volume is convincing. Would not recommend to traders not actively monitoring. Approach 2: Buy the retest of neckline (see green line path as an example). Not financial advice. Education and entertainment, only.
After the successful long trade, NEO has potential to establish a mid term bullish trend if able to hold pink/blue zone. If the trend is to break, I would suggest longer term accumulation purchases in the green zone. Not financial advice. Entertainment and education only.
TK cross with price inside of the cloud. Looking to buy the retest of recent bullish pattern between the top and apex (shown by buy zone) First sell target would be flat top of the cloud or hold to try and ride a longer term trend. Not financial advice. Entertainment and education, only.
Horizontal support provided by top of cup and handle pattern as aggressive buy zone. Mid term uptrend support as regular buy zone.
This chart can be used for multiple weeks. Symmetrical triangle forming. Could break either way, but buy zone is accumulation for long positions. Not financial advice. Entertainment and education, only.
We have broken above the cloud on the 4HR chart, and there is a possiblity of an ascending triangle trade in the near future. As we zoom out to the 1D chart, we see NEO has slowly crept inside of the cloud which suggests further price action is possible. Trade Possibility: Place bids along the bottom of the cloud support (price labeled in grey). A stop should be...
Possible reversal zones with confluence between cloud and fib levels. Not financial advice / entertainment and education only.
Sideways drift into the cloud and converging tk lines suggests the possiblity of a future edge to edge trade. Place bids along tenkan and kijun marked by "Entry Zone". This move would be further validated by a tk cross. Take partial profit at 0.382 fib and heavy profit at 0.5 fib level. This "Entry Zone" also serves as a good price to accumulate if investing. Not...
#BTC / USD 1 HR With sentiment being divided, it is best to react to price movement rather than trying to predict. A bilateral formation is being painted on the charts. Hidden bear divergence is dropping off which means we may see a true breakout if we break upwards. However, the bull divergence is also dropping off which keeps me in a neutral position. Bull...
Round Two! First MTL trade was stopped out, but the chart remains very bullish.
Very exciting project. It is a payment processor that returns 5% back in crypto currency MTL -1.32% -1.32% for all transactions received/sent. Beta of metalpay app releasing by the end of March. They are waiting for regulators to give the green light, and are aiming to be available for common US bank accounts in all 50 states by the end of summer. I've been...