looking for more continuation of the alt coins and the major pairs. There is a right shoulder that needs to be invalidated , so Im expecting total to that line of resistances, and eventually breakout from that level.
looking for bullish continuation now price has broke out from 0.20
details on chart
If support doesn't hold , look for a downward breakout of the inverse cup/ handle pattern. Also forming a rounding top, but this also can be a huge bear trap.. Everyone knows the economy is in a bad shape w/ 20+ million on unemployment. Will a second stimulus jolt the economy and the economy re-open fully in 2 months? To be determine . I'm not a scientist, but if...
im watching MoneyGram closely to see if this bull run from a Inverse head and shoulders breakout can continue to $2.03, Ripple=xrp owns a 15% stake in the company after making capital injections into the company last fall. Disclosure long xrpusd
looking for another C wave breakout this time inside a bullish flag, the previous run up invalidated the right shoulder on btc, which further confirms more bullish upside
If a handle is created, i'm looking for a potential retest back to the previous resistances level, which acted as support. My first target is 188, if it breaks through then 209 target. However, I do see a nice base forming here. Anything under 175 is a buy imho. Please see my other eth charts as I've been bullish on eth for some time
made the chart last night, but didn't pull the trigger. I'll be looking to buy any pull back now the right shoulder of the previous head and shoulders has been invalidated
Disclosure: bullish on bitcoin, xrp, ethusd there is a bearish flag in place, but hasn't reached the apex, imho I'm looking for this to breakdown by Mid june, a month after bitcoin halving conclusion. Just chart deserves a short, not the actually Ethusd, bitcoin or any other alts imho. Please do your own due diligence.
Head and Shoulders on the Daily btc short chart, in addition there is a bear flag forming, if it breaks downward from triangle, it will fall out of the parallel channel . Short the short chart
I see higher highs, and higher lows. The price action on bitcoin was never pushed down back inside of the triangle, and now the bulls are attempting to invalidate the Right Shoulder of the H/S pattern. A breakout above 7211 is extremely bullish going into the halving . The Elliot wave (C wave) is still valid, and the uptrend remains intact.
I got nothing but time and i'm not leveraged . breakout will occur above the .382 fib level..
bitcoin very much alive, for those that are leveraged its just whipsawing you on the short side. The wave pattern is still intact. B leg also currently holding. Looking for another bull flag breakout on the higher time frame imho this is a bear trap for shorts.
4hr time frame shows a wedge, in which the top traders sold out, and new buyers are now bag holders. I'm looking for gold to drop $100, and potentially form an inverse head and shoulders. My target is low 1600, to potential bottom of the channel $1500 very easily
details on chart, please see 4hr chart I posted. Shorting at the top of the channel, that is a rising wedge. I'm not buying the top
details on chart. A short on c wave downward into a bull flag, and the .50 fib level needs to hold. A buy would be above the breakout level indicated on the chart or the .23 fib level I'm short to the trend of the . 50 level of the fib, and will be a buyer above the breakout level
AD has not broken down, bchusd halving approaching, My new target is $480 once AD confirms breakout, price action is highly likely return to the supply level
disclosure long xrp, monitoring desc. triangle breakout back to previous resistance level