AlecoDicom

AlecoDicom Feb 27, 2022

BTC can look for the support of the 34K zone, or even the 30K zone

AlecoDicom Oct 26, 2021

Long I see a good chance to go long, good accumulation, this coin is ready to go up

AlecoDicom Oct 7, 2021

what will you do with your money ? next target is 72K

AlecoDicom Sep 16, 2021

A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs.

AlecoDicom Sep 16, 2021

The head and shoulders pattern forms when a stock's price rises to a peak and subsequently declines back to the base of the prior up-move.

AlecoDicom Sep 16, 2021

is a line drawn over pivot highs or under pivot lows to show the prevailing direction of price

AlecoDicom May 3, 2020

A reversal is anytime the trend direction of a stock or other type of asset changes. Being able to spot the potential of a reversal signals to a trader that they should consider exiting their trade when conditions no longer look favorable.

AlecoDicom May 3, 2020

it's amazing how efficient the Fibonacci is it is definitely my best friend

AlecoDicom May 3, 2020

The main difference between a Fibonacci retracement and extension is that Fibonacci retracements are typically used to make a case for entering a trade, whereas Fibonacci extensions are typically used in determining where to take profits

AlecoDicom May 3, 2020

levels are horizontal lines that indicate where support and resistance are likely to occur. They are based on Fibonacci numbers. Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced

AlecoDicom Apr 30, 2020

Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. They are based on Fibonacci numbers. Each level is associated with a percentage.

AlecoDicom Apr 30, 2020

The bearish version of the Gartley pattern is simply the inverse of the bullish pattern and predicts a bearish downtrend with several price targets when the pattern reaches completion by the point D.

AlecoDicom Apr 30, 2020

The bullish pattern is often seen early in a trend, and it is a sign the corrective waves are ending and an upward move will ensue following point D.

AlecoDicom Apr 26, 2020

the price respects the support of the SMA200 (blue), while the SMA20 (yellow) reveals the direction of the price, indicating the immediate trend.

AlecoDicom Apr 26, 2020

The Double Top Reversal is a bearish reversal pattern typically found on bar charts, line charts, and candlestick charts. As its name implies, the pattern is made up of two consecutive peaks that are roughly equal, with a moderate trough in-between.

AlecoDicom Apr 26, 2020

The inverted shoulder-head-shoulder pattern reflects the same structure as the original version, but in a transposed (inverted) manner. This formation is often in a downtrend and could indicate a bullish turn in prices, as new rising lows are established.

AlecoDicom Apr 26, 2020

It is called a shoulder-head-bearish-shoulder because when it appears the price is likely to turn lower and lead to a downtrend.

AlecoDicom Apr 25, 2020

A downtrend line is a straight line drawn downward to the right that connects 2 or more high points. The second high must be lower than the first for the line to have a downward incline. Downtrend lines act as resistance and indicate that there is more supply than demand, even as the price falls. As long as prices remain below the trend line, the downtrend is...