A break of this rising-wedge to the downside would activate shorts. If we don't get a break to the downside shorts would not be active.
One of several possible options.The rest will post later.
BTC has been showing very bullish price action and momentum as of late. The bears have been pushed up against the ropes and now must fight there way out. Personally I am hoping that the bulls win and we break out of this downward wedge. We have wicked out on the daily. But need a strong push and at least one close above the trendline on the daily. This point we...
As stated from my previous idea that BTC might dip, we can see there was a large red candle, bouncing off the bottom of the larger narrow wedge and a support line. The MACD is also showing a DEATH CROSS. My opinion from my graph, it appears to me that BTC is on its way down, after trying to break $7,800 and failing. If it goes lower than the $7,450 support, I...
possible trade setup with generous stop loss due to the swings. 8600-8800 resistance, while 8100-8200 being support.
A possible cup and handle could happen. Let's be patient and see what will happen next :)
Price is on a new possible support level.
RSI and MOMENTUM and price movement showing its possible to rise again,but if price break and cross over the point i marked it.
DAX is still in the wide range between 12900 and 13500. Half of the channel is near 12200 and this level is often respected by the price by looking back at the chart. The last price movements show that it draws higher local highs and lower local lows hitting stop losses set above the last high or below the last low. Looking at the chart we can observe that price...
BTCUSD we see a good harmonic pattern, also a good resistance of 17k, also regarding the MMM we see that price made 3 pushes to the upside. Also we see a good trend line we are expecting for price to break and go down 11k. BTCUSD vemos que forma un patron armonico interesante, y tambien en una resistencia en 17k, tambien conforme al MMM se puede ver que el precio...
We all feel sorry for the bastards that bought into the hype of NXT before the airdrop. This also means NXT has a lot of bagholders, we will need to have this in our backmind. Currently the NXT chart has retraced almost 78% from the highs. If we use the fibonacci retracement tool we see that it did fall under, but quickly bounced up to the 0.786 fib number and...
This is my way to indicate some possible changes. I'm a novice, please dont put in financial orders. Tips? welcome!