I mean if we get in we get in, this could be a really conservative buy at 0.5 fib but we're buying a in no mans zone for trading. If we break through then we'll buy above the break through line, but if the army lets us march with them we waiting for em out here.
BSV still within its corrective channel WXY all up in this. Entry is still kind of up for debate but even with the current SL below Y the R:R seems healthy to throw this hail mary.
Medium Risk entry. Failing below 119 invalidates this move and leads me to entertain entries even lower at around 112-114. That would be a separate chart though no point in keeping this chart open to that low. The ending of W1 is what leads me open to us having one more wave down to complete our 3-3-3 (wxy) correction although for now this is the count I'm...
looks like the correction here is done... punting this long and hoping i get better results than Cody Parkey
Daily * seeing an inverse h&S complete it's right shoulder - with target of $11.85 * move isn't confirmed until break out + pull back. So ideally looking to see it break above 9.24, pull back and find support on the neckline. 4 Hour We're trading the right shoulder of the bigger iH&S as described on the daiy. We're broken out and are now finding support...
After getting epically rekt thinking ETH was about to get totally rekt it completed it's W bottom reversal and launched staight into the top of the current downward channel and krept its way back into its upward long trend channel. It's currently facing resistance at the: - $482 fib - $504 at the 500 MA. - $480 downtrend top. Support at: - $450 (untested) -...
* 20 EMA continues to be respected and continues to snake its way down into the flag. * Bear Flag looking to pop * H&S inside of the bear flag just finishing the top of the right shoulder. * Stochastic RSI showing oversold. * MacD is however bullish. Projections targeting support at 250 & 300, where I suspect we'll find a land mine of support. I'm predicting a...
Descending wedge on the daily really has me thinking the bottom is near. Hopefully we get a 1 more move down, before popping, but we're trying to penetrate through some ridiculous support right now.
Huge (albeit sloppy) inverse H&S on the daily. No idea if it even counts or hasn't really been invalidated, but a bounce would complete the right shoulder with a projected target of $472. Some heavy resistance in the way, but something to watch out for. From my understanding pattern is invalidated only if either shoulder goes lower than head which the right is...
EOSUSD has been pretty resilient all things considered. Strong bounce from BTC could see a decent move, but I guess some pretty crazy resistance on the way up. Fingers crossed.. Criticisms welcome.
BTC has responded positively well to oversold daily on the RSI. Not too mention a double bottom is also right around the corner. Guess now's as good a time to watch for a reversal. But with the long weekend in North America could see some missing volume.
So noticed this inverse H&S, but can't tell if it was a failed break out / drag down from BTC or if this still has some potential. Any thoughts?