BLZBTC may repeat its behavior and also break the triangle. The next target is marked as a red horizontal line on the chart.
I was looking at the BTCUSD chart earlier and I noticed a similarity between the last 2 big moves. You can see each part on the chart. I took the bars pattern tool and applied it to the first bottom and the last bottom. I then scaled it to match the size of the most recent move and overlayed it and... it fits pretty well. And look where it ends? Right on the...
BITSTAMP:XRPUSD In this chart a highlighted some of the repeating patterns (those with the same color). They are very similar and could be used to predict some price action in a short term (blue colored price cart at the end, taken from a January 2021). I am not a financial advisor so don't buy anything a say. Have a good one.
Hello everyone, this is no investing advice as I am no trader by any means. It appears to me that a combination of apparent bearish and bulish head and shoulders patterns is forming on BTC/EUR (and BTC/USD) . If finalized this will look like a magnified version of the already formed pattern and will result in a modification of the trend line...
Please note the repeating pattern occurring after yearly highs of 2018, 2019 and 2021. Each creates a small resistance prior to new yearly high, followed by a retracement back to the small pre spike resistance.
GOLD is starting to repeat a pattern from November. We had a drop from 1965 to 1850 then over then next week the market could only rally to the 382 then drop from there to complete the larger ABCD pattern. Are we seeing history repeat here? This latest move started from 1960 to the 1817 level. We are now seeing the same retracement Gartley pattern to the 382....
XRP is currently repeating a similar price action and volume path I believe XRP may see a price increase soon. RSI showing similar patterns as well. As long as no bad news comes out (Sigh) I'm seeing upside?
Bitcoin is completing what seems like its favourite pattern recently. - Start a wedge and bounce a couple times - Break out of the wedge and form a double top/bottom with the price at the start of the wedge. - Flip and blow through the wedge to hit the other side of the wedge formation. If it completes it's third one right in a row (with more historical...
This is not a position. I noticed the four prevaliant drops on the graph and decided to lightly draw comparisons. It would not surprise me if price stayed within the current green box. I would keep an eye out if the price drops below the prevalent resistance line. Use risk management as always. Thank you for reading.
Do you see it? Lets hope it does what its done before. Otherwise were headed to 9.5-10k.
"History doesn't repeat itself, but it often rhymes" - Mark Twain
History may not repeat, but it sure does rhyme. Making Lower Highs on High Time Frames, I expect this to be the bloodiest shakeout of them all. Lets see what happens. Check out my past predictions, I only bring my most confident predictions to Trading View. I have not been wrong yet on Trading View... Key Word= Yet
Ascending Wedge pattern, usually proceeds in waves of three, this is a bearish reversal pattern. It can also be seen that a repeating pattern of a drop followed by a lower high can be present in three different situations, including the 2008 stock market drop, will it repeat itself again? Probably.
Colgate has produced a repeating pattern, a channel that will most probably lead to a bearish break.
This could be a repeating fractal similar as the previously bigger triangle. Target for the potential breakout would be between $9385-$9500. The bounce would also be in line with the daily chart as the falling wedge upper line is acting as support for now atleast and might create a bounce to the upside. www.tradingview.com What do you think?
I'm going to be watching this over the coming weeks and months... a very similar fractal on Ethereum vs Bitcoin. The top chart shows price action of 2017 through now. The bottom chart shows price action of 2016 into 2017. I don't have to do the play by play commentary on how many highs and lows match. They are obvious. However, a few notes... *You can...
Just take a look at the graph and you can see it's similarities. This time it is shorter timeframe and bigger scale. From the July 2017 bottom of $1900 to November 2017 about $6500 marked with an arrow and now the bottom has doubled in March 2019 from $3800 and the current price is almost $12000 which could be almost double as from the November 2017. And according...
After the first big parabolic move bitcoin hit an initial resistance at around 7550 and formed the sharped drop shown in the first red box. This was then followed by a move to the upside where resistance was quickly met at around 8250. A pennant then formed and the result was the second big parabolic move that we have recently experienced. In my opinion, it is...