There is what would be described as a perfect "TD Buy Setup" on the 30 minute timeframe for BTCUSDT that can be used to set up a buy order with limited risk. The TD indicator is meant to be a measure of buyer or seller exhaustion after a specific set of rules is applied to 8 or 9 consecutive candles moving in one direction. The start of these TD setups represent...
BTC has completed a three drives harmonic pattern on the 15min chart, forming three successive lower lows with Fibonacci extensions of approximately 1.62. This may be an indication of temporary trend reversal. This is more for my personal education and evaluation of the success rate of this harmonic pattern. I did not open a trade due to the volatile and...
The pair looks to be forming a three drives harmonic pattern on the 15min timeframe. Two successive double tops have led to two consecutive lower lows. A third double top has formed, suggesting a third lower low could be incoming. I will enter at the end of the third drive if it actualizes a lower low that is approximately a 1.27 extension of the second drive...
The 4h chart is showing signs that the APPC/BTC pair has found a hard bottom for the first time since a sell-off starting from the all-time high of 0.00031841 over a month ago, retracing 100% to the all-time low of 0.00006534. The 1.0 fib retracement level was tested three times before a strong rally ensued. Price rose sharply, crossing SMA100 and the two previous...