ETH is close to lower line of ascending triangle. We saw 3 times test of 200ema in triangle and 4 times test of 100ema. Those 4x 100ema testing showed weakness of bullish trend in ETH imo. So ETH should back over 100ema at daily chart ASAP or will test 200ema and that would be dangerous for ascending pattern which we see now. Short ETH? If we break 200ema at...
This is an update to my previous ETC chart but it's also new idea so I'm publishing it here. Whole inv HS idea is well described at my chart: So what's new? Ascending triangle (white) which is corresponding well with inv HS target. Target inv HS is 337k but I prefer to use 1.618 of this target, this is good ascending triangle target. End of triangle even around...
ABCD and incoming E? Bull or bear? I see potential ways: 1st way is most bullish and it can go fast with 45k+ signal of make ascending triangle with green 45k line with ending even in OCtober 2nd way is making E in triangle at upper trendline of sym triangle and bearish ending. It should lead to 30-35k double bottom. 2nd way" is E + down of tiangle +30k...
We see typical inverse Head and Shoulders pattern at 1-4h and now we're forming potential Right Shoulder. 200ema at 2h was resistance and we tested 100ema and again went down. ETC should spend some time around .618 and should go up near Ichimoku Cloud. Statistic (Bukowski's work) says that around 2/3 of inv HS goes up and 1/3 down (HS opposite, 2/3 down). Target...
Watching Dash. If it won't go now with bigger downward move below 0.0187, descending triangle will end up next ~2 weeks. What's next? I have no idea, I'm neutral od Dash now and I recommend to wait. 200ema on 4h acting now like support (or should act as a support like before). Good luck.
Well, it looks like market maker is also nice manipulator. :-)
Well, all details as usual at chart. We have potential double bottom, bullish divergence, breakout of falling wedge (with 2 versions of lower low). 1st and a little shy target should be around 0.5-0.618 fibo, a little above 1h Ichi Cloud and near higher line of 1h BBands. If ETC will break 1.0 fibo, it can to 2nd target, which can be around 280-290k area. Oh, the...
All details at chart. We saw 2 triangles with bullish continuation. First was symmetrical triangle, second was symmetrical or ascending (with upper line @45k). Now, we spiked a lot and touched upper line of channel. Lisk will go above this channel as soon as possible or will stay into it and will form (white) pennant (pennant is symetrical triangle after spike -...
OK, here's daily chart of Lisk at poloniex. I noticed that we had 1 big green candle + 6 mostly neutral smaller candles and again 1 big green. Now we have another 6 after big green. Size of Big Green candles is very similar. So if this is kind of pattern and it is not ending yet, we should see now another big green candle with similar size like others. Well, to be...
All details at chart. Possibly and not-greedy target for 2nd leg of potential uptrend (first real uptrend in Lisk lol) is area between 55k (one of the highs) and .382 fibo corresponding with my old target of higher high. The big triangle is old story and Lisk did huge fakeout-down just to get back on bull track with that daily bullish monster. Of course Lisk...
All details at chart. Simple and clear, just trade.
Details at chart... If this pattern will repeat itself... ...this chart can be interesting one. Good luck!
Details at chart. Target is last high. Above 2884 cny we see pretty tight potential consolidation place. Staying above 2884 cny for longer than few days is very bullish for me (but potential sideway with chops). 2800cny should establish as a new floor if trend is really bullish.
Details at chart. Right shoulder and head are pretty similar. Important moment probably incoming - test of trendline.
All details at chart. Not shorting this but sold. BTW. Cannot publish 5m chart but 5m chart is better to see this obv HS pattern.
All details at chart. My sentiment is still bearish/sideways. Apex of new triangle is about to end soon. Expecting bigger move soon... ...or boring sideways.