DASHBTC looks like it is breaking a falling wedge that has formed since 2020 (green lines). Although DASHBTC originally formed and broke out of a smaller wedge during the explosion that happened in February (yellow line), it looks like volume still is not near the higher breakout levels for DASHBTC. Although this could mean a potential fake out, it also could...
OMGBTC recently had a near breakout from a double bottom w-pattern a few days ago (blue dotted lines). It has since started to retrace (as is common with a double-bottom breakout), however, if it does in fact continue to break upward again, there is some interesting resistance right around the corner. Since 2018, a descending falling wedge has been forming for...
Compound looks to be another alt that is experiencing a neckline breakout from an inverse head and shoulders pattern. It looks like a slight retracement is now occurring which has the potential to break down below the neckline still, however, assuming the trend continues, it has a bit of potential upward as indicated by the head to neckline length extended after...
An inverse head and shoulders pattern looks to have been forming on the daily chart for ATOMBTC. It looks like the neckline has finally broken today. If the rules of the head and shoulder pattern hold (as of course, no pattern is guaranteed), it looks like there are still some potential returns possible if bitcoin continues its upward trend (as indicated by the...
Bitcoin looks to have broken the ascending triangle (dashed blue lines) I mentioned yesterday. However, I missed an additional bullish sign with a short term inverse head and shoulders forming on the 4-hour chart (green triangles) that also had a neckline break earlier today (dashed green line). When the length of this pattern is extended at the breakout (dotted...
Southwest has continued to fly everday during this pandemic. On some flights carry less than 10 people at one time. Although the service has been limited the flights are starting to fill up slowly and surely and with the 737 max test flights starting again, that would bring a large portion of their fleet into service.
In my opinion i can see small drop happening with USDCHF and then i will be looking to buy at or near support level 0.9720 - 0.9730ish
What if Craig Wright didn't exist?? What if BCH forked normally, absent the eventual child like threats by Craig Wright , based on an what began as a disagreement with Roger Ver? What if Craig Wright didn't threaten to take down the greatest techno-economic instrument and experiment in history? Not content to "mine empty blocks" of BCHABC - conduct a 51 attack on...
There are four levels that I am currently watching on TRX/BTC chart on the weekly. In anticipation for the founder of Tron Justin Sun's "secret announcement" the market has seen a minute short squeeze. Justin Sun has switched his normal spam like tempo to one of more hush and lull leading up to this announcement. With its new found spot light on futures...
I decided to try out some GANN analysis and from what I see we are still in bear territory on the Monthly and Weekly charts, so don't go all moon crazy yet. We are griding this one out and as I said on my other charts I want sideways and up as long as we do not drop below 100 which is still very possible I think until May. May we reassess. The two trend lines...
I know the presentation of this chart is ugly and color mottled, but I think it characterizes the messiness of the current situation. I've read several analyses and looked at other people's projected support levels, and still cannot figure how BTC is anywhere above $4415 today. I don't think the sub-$3600 level would be an outlandish call for sometime tomorrow. I...
White trend line (super trend) acts as bullish trend to signify re-entry/rejection. Rising Wedge pattern plus super trend re-entry with higher closes and higher lows gives high probability movement towards the upside to finish off the 5th leg to 0.00034. Possible rejection if price action moves above the super trend but returns back below. Ideally long...
Entry Level: 78.30 Stop Loss: 78.20 Target 1: 78.71 RR 1:3 Target 2: 79.00 RR 1:5 This aligns with Risk management and my setups :) Take this as an opinion and not as an advice.
Looks to me like the USDJPY pair is on the way to test the high from July 2016 at 107.50 Around that level is the EMA200 which will be a resistance. If the Bulls' have collect enough strength to break trough and close over the EMA200 and the High from July 2016, i will expect a bullish movement towards 111.00