What AVACTA is looking like. Im hoping for a move to the neckline of that inverse head and shoulders, some consolidation here and then a break through with a fair target of 140p.
A full retrace all the way back down, and beyond old support. Would be nice if it get back inside that really low support. Falling descending wedge could break causing quite the uptrend.
MATIC long. Price target lines up nicely when pulling a fib retracement and also historical price action hence why it is inside a bit tighter and the risk/reward isn't so good.
KNC 1hr long with targets + stops. Eyes on the wider market movements as always, but KNC could put in a breakout today.
Similar to the setup on KNC. Price and lagging strand above the cloud. Targets and stops on the chart.
GALA printing an inverse head and shoulders with a bit of build up. Couldnt be more simple.
I personally have never understood XRP or been part of the community. That said, it is a top 10 mc coin, with a huge following and huge community behind it. We have tested this really low historical price point. Im thinking we test it again, forming some nice bullish divergence across lots of different times frames.
SHIB long. Easy invalidation. SHIB price action is coming to an apex and needs to break one way or another. Could wait for the break and retest.
SHIB consolidating @ resistance It could well move from higher to the overhead horizontal but also falling angular resistance. Always nice to see a bit of consolidation @ resistance.
Bitcoin forming an inverse head and shoulders. It broke and retested the mini inverse head and shoulders that formed in the middle of this descending broadening wedge. Its now back at the top of the wedge (resistance) and we are getting some build up which is positive.
Waiting for monday open. Simply staring at this chart and waiting for LSE open monday morning. Thank god its not a bank holiday otherwise the wait would be longer hah
The weekend volume has me a bit meh, and should wait really for the lagging strand to close above price and cloud, but the longer it stays here in this range, the sweeter will be the pop. Could trail stops and close position early if again lagging strand crosses price. 1INCH/BTC looking very similar which is good.
AVACTA forming a nice inverse head and shoulders pattern on the 1hour. Formed during the correction. We have made a lower high and the candle patterns are giving us confirmation. Also confluence of the fib level. Looks promising.
Some ideas on bitcoin Inverse head and shoulders inside a descending broadening wedge.
1INCH/BTC bottom is in Bullish divergence on the 1 day. Broken through historical price support and the brought back up above support for confirmation.
SHIB breaking out of this descending broadening wedge Consolidation at the resistance. We are breaking through.
ADA Old resistance from the falling wedge is about to get retested. Coupled with bullish divergence bitcoin 4hr and a bullish divergence on the 4hr here also, it might be time to buy some. ADA/BTC 4hr divergence as well.
SHIB printing a 4hour bullish divergence. Coupled with bitcoins 4hr bullish divergence. We could see a strong bounce from here.