Hello friends! DYDX is clearly in a wedge on the 3h chart. We note that after the recent push, the asset returned a 50% Fibonacci retracement. So we have a purchase setup here. Buy in the current range, between 1.20 - 1.15. Stop: 1.00 Final target: 2.50 Exceptional risk-return ratio. That's what I'm going to do. And it is not an investment recommendation. Who...
Hello Trading View friends! I will bring another analysis about BTC. Notice this pattern that I describe in the center of the graph: This classic widening pattern is a consolidation that occurs in the asset. See the 2014-2016 cycle. The price came from the top to the bottom and entered a widening pattern. After making 3 touches on the 3-week chart near the...
Hello friends from TradingView! Take a look at this chart and its details. We can clearly identify three events. The colors help describe: Gray: Accumulation. Blue: Pattern breakout. Green: Bull Market. 1- In 2015, BTC went through an accumulation phase in a symmetrical triangle throughout the entire year. However, after breaking out of this accumulation...
Hello friends of trading View! I'm Gustavo Correa and I come to bring you another study on past and future correlations. Look at this monthly chart: We have just below the MACD indicator set at 5/15/9. See the particularities of these four moments when the MACD was negative and crossed to positive. 👉🏼 From left to right we see Bearmarket. Right after a crossing...