HH – Higher Hi; LS – Left shoulder; HL – Higher Low; H&S – Head and Shoulders; After breaking local support of $3 681, and successfully retesting and confirming it as resistance, bears tried to push price below LS and finally breaking the H&S pattern on Daily timeframe. Bulls showed up near $3 463 level holding the broadening formation described in our last...
If we fail to hold this golden pocket zone we will look for an entry at the OTE (0.705 fib). As highlighted with the red lines, we can see both long and short stops still remain in the market. Liquidity can be found beneath the long stops and above the short stops, market maket will look for these stops to grab liquidity. What is OTE? OTE is the Optimal trade...
If you read this, SMASH the LIKE button! Currently in bull flag.
Keep an eye out for this one, very nicely forming falling wedge which seems to be at it's end. Declining volume meaning bears losing strength Strong bullish divergence on the daily Bullish divergence on the 4h chart
I do wonder if this pitchfork hodl? As you can see bottom trendline is a massive support - if it breaks price action is going to get nasty again - until then we have a good few days to lock in some profits... Let's watch it closely (I'm sure we all do :)).
So again this is just for fun, just to have an idea of where we could be in the 2014 bear... We can see an interesting comparison with 3 important indicators on the BTC monthly chart : The 21 EMA (purple line), The RSI and The MACD. The 21 EMA is acting as support, The RSI is at 55 and the MACD is starting crossing... This happened in 2014-08-01 and this is...
First level for short was based on Volume accumulation setup. Because at friday market closed below friday open point i was interested about short level. For this time is done and i take FULL PROFIT. Right now i will waiting for another short pullback to the significant Volume accumulation. ( 82.037 )
Some profit taking here. Still not clear of bch will split or not so volatility probably remain high.
Hi Dears, It is recommended to purchase between 1750 and 1830. But remember that nothing in this world is 100% Good Luck
PIVX is looking really good on the charts. Let's take a look at some of the reasons why and dive into the famous candlestick called a "Doji", which can alert us of an upcoming change of trend. Let's start with the weekly chart: * The first thing is that this is the weekly timeframe. Each candle represents one week. This is a long term chart and signals here...
I FEEL THIS IS A GOOD LAUNCH POINT FOR A NEW PLATEAU
There is a rounded bottom wedge formed and the range is narrowing. Since we had a series of higher lows and inability of bears to break below the 5800 level for months there is a case for a strong bullish rally.
Crypto trading is tough when Bitcoin is sideways like it is right now, in my opinion. Patience is required, sitting on hands is frequent and a plan you may have today may be finished tomorrow so expectations need to alter. With that being said, this is the market that moves in multiples of insane. If you are like me and are ready for moves up or down you are well...
$DGB broke over its downtrend resistance and now is fighting a resistance at 400. If it breaks over this we've got a 40% run to the top of the triangle. If it breaks, we drop about 4.5% to the next support. Great R/R On the 1D things looks great as we're at the bottom of the triangle which has been a long term support since Dec. 2017. On the 3 Day the Ichimoku...
ETHERUEM has been extended in the move, This will be a quick TAP trade back up to the targets I have marked. ENTRY IS 175-185 @10X BITMEX STOP IS 169 TARGET 1 : 200 TARGET 2 : 220 overall direction is still bearish so dont be afraid to lock in 50% profits at TARGET 1 and take 25% at TARGET 2 and let the last 25% run and IF ETH reaches 240 which isnt a high...
Oh yea baby, you know I love these bad boys. The only pattern I trade off of being a ShortMex boy. Bartley invalidated if C is failed. Room for a move to the C>D to validate Bartley. Trading Plan is Open Short Position at D, Set Stop Loss at X. High Leverage Positions have & will get rekt. I've traded 5 Bartleys this year, all have been profitable. The stop...
#LSK chart shows strong support. Blue lines are resistance - book profit! Happy Trading! Crypto Guide Team
#Monaco #MCO getting really interesting here. Great time to get some #MCO bag;)