TA
CHATBTC Descending Triangle 3 Day OutlookWe've been in this disgusting descending triangle for the last few candles shown. This is news for all you bears out there, in the short term we're looking at some decline. Candle touched the descending line at the 0.618 fibonacci retracement and was rejected hard, you can see where with the red arrow on top. Stoch RSI is overbought and we're on a decline there as well. Looking at the third indicator on the bottom, Vix Fix by Chris Moody, shows that we're not at (or near) a market bottom. We're looking to bounce in this wedge, and looking to break (hopefully upwards) in 3 days, keep and eye on the time block.
Happy Trading!
-Banana
Elliot Waves 1, 2 and 3 I'm backing this move with leverage. Will it make money? Let's see! If it does I'll double down for drive 5.
My love, AION. Possible head and shoulder pattern? What do you guys think?
Short term seems bearish for aion..
Looks like Aion is struggling to get passed the middle boll band. Looks like we might test the lower band support.
longterm bullish for aion
SN has room for growth - expecting pattern repetitionThis stock definitely has been on a consistent down trend, and on the 5 year chart has been trending relatively sideways as of late, however - we recently hit a 52 week low of around 2.70, and are now seeing a rebound off of that.
based on a decent amount of time watching this stock and giving it my best effort to understand SN - my hypothesis is that we will see it go up to around +/-3.60, and drop a final time before rising up to another resistance at around 9 dollars in the next three months.
This is just based on my own due diligence, not to be taken as trading advice just sharing my thoughts on the future of this stock.
shiftbtc analysis shiftusdshift is def a sleeping giant. I have no idea about the fundamentals of this coin. Meaning i have the slightest idea what the company and development team behind this one or many of these coins do. I just analyze the supply and demand through the chart.
anyway
seems to be accumulating here.
4 hour rsi is either showing a wave 4 going into 5 or abc
not sure
4hr macd showing bullish confirms
1hr vol profile is showing bullish signals
so is td sequential count
lowertimeframe showing an abc correction so it may do a 1.6 extention so from there we can get a target u dig
1.68 is the buy area
so im taking profit at around 3 and 6.00 usd
peace
Long on USDJPYHigher lows are being made on USDJPY. DXY (dollar index) has been regaining strength after losing strength for several months now. I do believe temporarily DXY will reverse temporarily until certain key levels are broken to fully confirm the trend reversal. Key level(monthly support) 106.00 is holding strong and unless broken i do believe it will hold and we will hit at least ~108.5 resistance.
Risk/Reward:
1:~2.7
So far so good - Keep it up Bitcoin!The price is so far following the prediction made on 3/15 - I modified the pitch of the arrows slightly since the 3/15 post because they were a little steeper than the price was following. I'm trying to improve upon that going forward. We'll have to monitor to see how the bounce plays out, but I think we'll retest the uptrend channel and most likely follow the yellow path. That being said, a lot of people are calling for the red path to take effect. I don't think people are truly that bearish, but we'll be ready to trade either outcome.
I'll post an update as it unfolds
Bitcoin inside Wedges [BTC]Hello everyone, I hope you are having an amazing day.
I'm here again today with another TA on BTCUSD
This is a not so long TA, it just shows the 2 'main' wedges on BTCUSD.
I expect price to be denied at the top yellow line at about 8.6k then make it's way to the blue box.
The targets I've set are the white boxes, which are the end of the smaller and bigger wedge (line with break is the smaller and the normal line is the bigger, I think you get it)
Note : For this targets to be reached price MUST get denied at the top yellow line.
Be safe for fake breakouts.
This 'pump' that took price above the main downtrend (green line) is making me confused ("lost") I wasn't expecting this in any way.
My advice for now: Do nothing.
You can check my last Idea on BTC on the related tab section.
This is one of many ideas I've made, you can check my other older Ideas just open my profile and see!
DISCLAIMER:
This is my own personal opinion! Don't take what I say for granted, this is NOT financial advice. Don't spend what you can't afford to lose, and remember, patience is a key on this Crypto Market! Hold is life!
Trade safe and have a nice day!