MATIC AnalysisI do believe we are headed for a 50 - 60% recovery then we should see a small pull back and then I believe we will start to form a fall wedge then a breakout towards the recent (ATH) and pretty much into a new uptrend and back into the bullrun.
This is not financial advice only my opinion using strategies and tools that I know in order to produce a analysis of my own. If you are new to crypto I recommend DYOR , Learn TA & NEVER TRADE LEVERAGE!
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AND
WOW....DOGE LOOKS LIKE ITS COMING DOWN FOR MOON LANDINGWHAT DO U GUYS THINK? Is DOGE gonna land hard going down with this daily head and shoulders pattern? if i did the technicals correctly we are looking at a 21 cent DOGE very soon as it looks as if it has broken the neckline, this could be a huge 25% drop/landing bearishly down down down, if im missing something please leave me a comment, if u agree please leave me a comment, if u disagree please leave me a comment, im sorry but i think that doge and possibly bitcoin have topped out and correction is further due, but we know "BUY THE DIP' and lets get rich, i hate to be a bearish of bad news but if this plays out then elon musk is about to lose 1/2 billion dollars lol sorry elon, maybe you should of not started this bear bearish correction huh? well enough said, u see the chart? it speaks volume but to the downside.
SHA256BITTRADER WOW......WOW.... WOW... HEY DOGE COMMUNITY I KNOW THIS WILL STING NOW BUT U WILL REAP THE BENEFITS WHEN IT TAKES OFF AGAIN TO MARS WITH ELON NEXT TRIP IN SPACEX!
XOM Cup & HandleAs seen in the chart looks like XOM is setting up for a nice run-up based on cup and handle and not breaking support lines. Looking for this to pop next week or two. Also, like how MFI is showing oversold and looks like MACD is starting to converge; possibly setting up for crossover.
ADA UPDATE TREND ANALYSIS!! <LONG><TERM>So from what I can see on the 15min time frame we are indeed going to go up for a bit I think we may reach the 78.6% resistance line before another short pull back occurs but anything can happen with all of the instability going on with Bitcoin and all of the scarcitty in the markets right now in general. Proceed w/ Caution and take profits accordingly because you never know when a reversal is coming considering ADA did sell off past the 61.8% support on the daily chart which is usually a #1 indicator the trend is over.
This is not financial advice only my humble opinion on what I see with the tools that I know for trading.
I have been trading for a few years and I do like to think I am pretty profitable at it. I learned from a lot of BIG losses and never aloud the losses to discourage me from learning more and more. I still study everyday on new strategies , new indicators & ALWAYS pay attention to the fundamentals of today's world it effects the markets more then anything if you ask me.
As always,
Happy Trading & Never Trade Leverage!!
GOLD BUYS
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-This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
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ALREADY IN THIS TRADE AND PRICE HIT TP1 , daily structure bullish , h4 marketflow bullish lets see where price goes ! , entered this trade on the M1 but looking to ride it and hopefully have it turn into a swing as all timeframes are pointing bullish
ADA ON TRACK FOR 50-60% RECOVERYFrom what I can see on my chart in the 15min time frame and the hourly time frames we are looking at a 50 - 60% recovery before another short-term position takes place.
This is not financial advice please DYOR before investing into cryptocurrencies this is my personal opinion on my own Technical Analysis and I never claim to be 100% accurate I only use the tools I have learned over the years of trading to try and get a good analysis.
As always,
Happy Trading & Never trade leverage!!
BTCUSD H&S fakeout, drop back to neckline support before targetIt's looking more and more like we'll drop back down to retest the neckline of the H&S and we have seen happen a few times before with well know patterns, we will see a 'fakeout' first and then drop back before reaching the targeted measured move.
SHCOMP Returns to trendline by the start of 2023. Everything is explained in font on the graph. Lol. If I'm making an obvious mistake, call it out. Thanks.
AUD/USD Head and Shoulders****ITALIAN VERSION****
Dopo il Testa e Spalle invalidato sul giornaliero, il trend inizia a perdere forza regalandoci un "probabile" Testa e spalle sul Timeframe 30 minuti/1 ora..
L'analisi previsionale è ancora da confermare, in quanto determinata dalla creazione della spalla dx; se dovesse crearsi, abbiamo un'ottima occasione di entrare short a breakout per raggiungere il target minimo posto a 0.77068 per raggiungere la confluenza.
Staremo a vedere
****ENGLISH VERSION****
After the Head and Shoulders invalidated on the daily, the trend begins to lose strength giving us a "probable" Head and Shoulders on the Timeframe 30 minutes / 1 hour ..
The forecast analysis is still to be confirmed, as it is determined by the creation of the right shoulder; should it arise, we have an excellent opportunity to enter short at the breakout to reach the minimum target set at 0.77068 to reach the confluence.
we'll see
Inverse head and shoulders pattern is still in playFantom/USDT is currently forming an inverse head and shoulders pattern with 0.382 fib line as neckline.
Wait for a confirmation before buying! Target 0.618 fib line.
Good luck!