Bullish Indications 1. Three White Soldiers 2. A good/significant support area where the price bounced back 3 times 3. A good resistance level of 0.236 fib level 4. 4 times out of 7 years December remains bullish 5. Bullish Shark Pattern 6. Bullish ABCD Pattern Bearish Indications 1. Lower Highs and Lows
Bullish Indications 1. Tweezer Bottom and 3 White Soldiers 2. Tested Strong Support 3. Bullish AB=CD Pattern 4. Bearish Trend is Mature Enough 5. Need to Break Resistance Upper Trend Line 6. Found a very strong bullish divergence on 1D 7. Falling Wedge 8. 11 out of 16 times remain bullish Bearish Indications 1. Lower highs and Lows 2. If it breaks support then we...
$ADA.X after our previous idea , the price starts with a very nice bull run. The price should touch at 0.32 soon. According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡...
I just bought some of it, its promising
NASDAQ:MNST is showing 3 white soldiers. Bouncing up from recent support line. Can get long here, potential to go 66.49
Shown here on the 4hr chart is a potential rising wedge we may be in. Those tend to break downward....the potential bear flag we were in we seem to have broken upward from but with the current lack of bull volume to go with that break up we now how to explore other patterns. One is this current rising wedge we are seeing on the 4hr which tend to break bearish....
We can clearly see here two very important levels to watch for( marked with two parallel black lines). Level around 0.00013555 which was created by double bottom in the November last year. Above it around 0.00015000 level pair was holding for a while between the end of the December and beginning of the January. Mid of February level was broken and the pair went...
Huge doji candle formed in October stopped losses, then in next 5 moths pair created interesting formations close to 1.6000 three soldiers followed by double bottom. I put TP very high based on my personal calculation in relations to the three soldiers formations. GBPUSD rebound from all times low at 1.2000 which in my opinion will put pound in bullish mode for...
I did choose this cryptoccurency because chart looks interesting to me.Since December is consolidating around 0.00020000. I see here potential for good risk reward ratio. Pair bounced nicely from mentioned level, we have three soldiers formation on 4H, triple bottom, and GAP on daily chart.
Symmetrical Head and shoulders pattern on Daily, 4H and also on 1H chart. Price bounced from 1.4500 and is going to reach 1.500 in my opinion. I would close position near 1.500 mark. There is clearly visible GAP just below 1.500.
After 4 attempts to move south pair is bouncing back and it's forming nice candle stick patterns (three soldiers on 1h chart.) Area between 1.2460 till 1.2400 is a good place to take long position in my opinion