There is a potential textbook heads and shoulders on doge (if we switch to line charts) which means we can drop to lower levels. Again, I will never know. Just play the breakout. Good luck.
We can see a potential textbook flag pattern forming on $doge. I don't know if this will play out (no one ever really knows) but, the market seems ripe for degen moves. Let's see.
$avax is giving a double bottom just on the support of the previous ATL which was a double bottom as well. Looks like a textbook reversal. Good luck. Look at my previous takes on the market and see how we did.
This is the lower timeframe for the initial post. You can see the inverse head and shoulders pattern. Looks like we break the neckline soon. Fingers crossed.
Chilliz looks better than the market and I don't intend to fight it. It doesn't make so much sense, especially when compared to the general market but, you trade what you see right? right? Just look at that breakout and accumulation. 100%+ to ATH and next resistance. Follow this post... I will be posting more on lower timeframes. Good luck.
Looks like we retesting. I am longing with my SL. Nothing is sure here... Now or in the future. Manage your risk!
I'm just going to use bullet points for pros and cons. Pros: * $TWT has basically been in a range for all of it existence. * Price has been printing higher highs even within that range. * One of the very few coins that has recovered the most from the dump. * Price is approaching 3rd touch of the horizontal resistance. * Target after the breakout is at least 200%...
The chart is straightforward. Technically (TA) looking at the RSI $btc is clearly oversold. This is the lowest $btc RSI W1 has been historically. Now, this looks like armageddon and $btc could easily hit $12k or lower which wouldn't look like much on a bigger timeframe. Still, if I was buying for longterm this looks good. This is not a financial advice and it is...
Netflix is in a area that's tempting to start accumulating for obvious (TA) reasons. Also see the RSI is crying oversold. Definitely looks like at least a relief rally is underway
My last post on $matic forming inverse heads and shoulders played out like in the textbooks. Now, it will be fun to see if this flag pattern plays out. ..... Is this where I start soliciting for following? :(
Maybe we are in areas for market reversal after the prolonged drop. $matic seem to be showing good signs of recovery with the accumulation (inverse h/s). A textbook trade will be to buy on the retest of the neckline. It will be savage if this is truly the market bottom.
$29-$31k has shown to be historically bought up. I hope to take the new attempts to accumulate some around this area. If it fails then... lawd knows.
This looks like a retest after a breakdown or we could have just pulled liquidity to run up. I prefer the later but, I hope to be prepared for the former.
We have seen heads and shoulders fail a lot but, what if this plays out. That will mean over -50% drawdown. Act accordingly
In the last post we pointed out how important (for bulls) it was for $eth to flip that resistance. Well, it did not now maybe we get the opportunity to buy lower.
Current price range could be a distribution for more downsides. As traders we trade what we see not what we hope for.
Bulls have to flip this resistance. it has been holding quite well but, good thing for bulls might be the fact that price keeps playing close to the resistance and knocking on its door. gotta flip it!
$sand looks like we can continue upward now. Price didn’t dump during the weekend and now we have a higher high on 4h. I widened my stop in anticipation of any wild volatility. Hopefully we hit $7.3 Good luck. Not financial advice.