duyca17

duyca17

The Ending Diagonal usually happens in Wave 5th with Wave 5th cannot be longer than the impulse wave 3rd.

duyca17

A bullish pennant pattern is probably being built on 1H timeframe. The prices are pretty much supported by EMA 12 during consolidation with the bulls intended to push price through the upper line of the pennant. Target: 140 ( the length of the pole) Stop loss: below 124.54 When price turns down and break below 124.54 level, that means 1H uptrend has been lost...

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Prices make a new higher high while RSI makes a double top. Prices reaction indicates that a bearish divergence is incoming. Stop loss @ 341.70 Target @ 308.37 R:R ratio : 3.17

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the 4H uptrend is still intact after a brutal attack from the bears. Many higher highs and higher lows are indicating that the bulls still want to keep control in the market. EMA 12 & EMA 26 now turn into resistance for any bounce attempts. I am expecting the prices will range between 31 - 32.5 for many days to come.

duyca17

Tremendous move from 235 to current high at 339, breaking through two major resistances at 300 and 325 respectively. But now it is approaching near a trendline that has been touched 3 times in the past, makes it a huge obstacle for NFLX to keep this bull run continue. 350 will be a good entry point for Put option/Short selling to consider. 1st target: 299

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A possible Descending Triangle is being built on the daily timeframe with prices making its touches multiple times with lower and upper line. That being said, the descending triangle scenerio is reliable. A major support around 13.5 - 14 will be a target if price breaks down through this triangle on the downside.

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The inverted Head and Shoulders has been more clear over the past two days, and today BTC was making some movements towards the upside. BUT if you watch on 1H timeframe, you can see it totally still under the neck line. When you zoom out on the daily timeframe, you can see that the previous daily candle was not closed with an abnormal volume, which is not common...

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BCHSV has not been correllating with ETH, BTC, LTC in the past few days. The bulls have tried to keep pushing up ETH, LTC and BTC respectively, but not at the same time. Having that said, you would be able to max out your opportunity in this trading environment. As you see on the 4H timeframe, BCHSV is trying to form a symmetrical triangle, which is a...

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A possible ascending triangle is being built on the 4H timeframe. If the price is making multiple touches on the rising lows lower line of the triangle, that line will be acting as a reliable support for the triangle. Because of the price of BCHSV and BCHABC have not been correllating with ETH, so if ETH is going to be topped out around current level @154, the...

duyca17 Updated 

The last 1H volume bar shows me that the bulls are still keeping control in the short-term trend. An ascending triangle has been created for a possible continuation on current trend. Let's see what happens next on Wednesday.

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BKS is forming within a rising wedge on the daily, approaching near major resistance @ 7.86. The weekly trend has been changed which is very notable. In order to maintain this bull run and completely enter a new trend in 2019, the price needs to set a higher low on daily before continuation.

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The daily chart shows a potential Inverse Head & Shoulder similarly to the one back in early June, 2018. As you can see, when BTC price was heading down and approaching near the dip of the left shoulder, bulls were bring it back up with an intention to form a right shoulder. In the next 3-4 trading days, if BTC approachs near the neck line just above $4000 mark...

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LTC - a symmetrical triangle is forming for a possible continuation on the downward. we might see something in the next 8-12 hours of trading.

duyca17

the trendline on 4H timeframe seems to be supporting the price right now which is a good sign to the upside. I am taking a trade with a risk/reward ratio @ 3.49:1. In case of breaking down the 4H support, I am willing to take a 4.27% loss. If the trendline is broken, further consolidation will be on its way towards 105.

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When you see the oscillator makes a higher high but the price makes a lower high in contrast, that's when to look for a possible drop in price. This divergence indicates that the selling rally has not been completed and still very strong. Multiple signals have led to that possible scenario with ETH. first defending level: 128

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The bears are now completely in control of the price. A possible setup for the bears is creating multiple lower highs on the downtrend. The bullrun started in March 2009 had resulted 305% in profit over 115 months. It is now 293 a possible top of the bullrun. Major support: 182, a real battle will begin if SPY get there, but that will not be the case in 2019....

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A safe play to be buying at the breakout point.

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Daily RSI enters oversold area below 30, and we should expect a brief bounce and a lower high to be formed here. Target: 259 If the downtrend continues and passes 244, my call will be invalidated.