Previous long signal from the Algorithm working well. Some partial take profit taken. Looking for this wedge pattern to play out to the upside. Always as ever, dependent on bitcoin behaving. ADA/BTC looking similar pattern, flag formation on the daily.
Looks cleaner when plotted on the daily. Love a BTC pair Although that said, I will also post what Inverse head and shoulders pattern we are looking at here....
The MATIC/BTC pair is really in a tight range and looks like it wants to break out, which would carry the MATIC/USDT pair. A clear entry signal would be if the lagging strand on the ichimuko closes above the price action here. Id say on either the 1 hour or 4 hour timeframes, (might even get both at the same time; confluence). Enjoy!!
I like it when you get symphony, confluence. AAVE has had a good fun, straight through the local resistance. Wonder if we get a correction and bounce off this area.
KSM has been holding up well despite the choppy seas. Would like to see more volume on these moves, but i guess that could always apply. Can see from the fib touch we have bounced from the bottom. I think a great place to put a buy order now would be on the 0.88 line or 88% higher low line on the longer time frames. Bearish divergence on the 4hour so would...
As much as long term I am long right now on 1INCH, im not fomoing in right here. divergences on the 4hour time frame got me nervous.
Might just sit right here on MATIC. Longer time frames look good for MATIC but short term it looks like it may tank as a result of bitcoins movements.
Possible IH&S forming on the15mins bitcoin forming. This could get UGLY (short term)
We broke the 1.7 level and retested it without falling back through. Now our heiken ashi has turned bullish and the SAR underneath, we are ready to go. Added to this, the MATIC/BTC chart looks very good and a big capitulation ahead.
Heres SUSHI on the 12 hour time frame Trade setup, with SL. First target aligns well with historical price movements. second target also aligns, and is you 2to1 risk reward.
Will it be this simple? We are above the cloud on the 12 hour time frame, and the formation of an adam and eve double bottom. I can see us going to 1.86 and the possibly retesting the resistance of the adam and eve pattern, before continuing up
Is this an adam and eve double bottom or does it only become one once it breaks to the upside?
With the capitulation on the 1INCH/BTC chart complete in my opinion. Theres no reason why you would be adding some to the bag. Adding on dips if BTC itself nukes.
Which option should i go for. Should inverse head and shoulders strictly be horizontal lines. I am in favour of the option 2 though as it looks the cleanest, maybe the price will bounce around between the three.
Its kind of too stretched now for me to enter, will be looking for a pull back. HBAR/BTC looking healthy. If i was betting here, 0.2495 is the top of the bollinger bands on the 3 day chart, so I would be looking to sell here.
XRP looks good tbh. On the longer time frames here 12 hours, we are above the cloud. Just for fun have put some target prices and stop loss.1$ im guessing will play a role and serve up resistance. The lower time frames are ranging in my opinion. You do have the makings of a nice inverse head and shoulders pattern though, and we have already broken through the...
Ive been watching HBAR a lot lately and Im expecting a big move. We've now had printed a long system from our algorithm on the 4 hours time frame. If bitcoin dips, id expect this one to do also, but in the next few days we will cross the resistance on the HBAR/BTC chart, and the sky is the limit.
If we get a sudden nuke, I wouldnt be surprised is this resistance steps up as support.