BTCUSD monthly view: From 1 february 2018 it s situated into a huge falling wedge which is a reversal pattern.What means this? When we break this pattern(wedge) we will see upward movements and BTC will be switched from bearish to bullish(We will see some gains in BTC+Altcoins) At the moment we have more room to drop,is very important to remain above neutral...
One of the first things to know about rising and falling wedge patterns, is that they’re a great indicator of an upcoming reversal. Much the same as other wedge patterns, they’re formed by a consolidation period representing either distribution or accumulation. While both rising and falling wedges can form over a period of any length, typically the longer the...
BTCUSD is situated into a bearflag which means probably will be another breakdown with a target of 3449$. This bearflag can be in play at the moment because this is a standard setup: MACD and RSI are going up when price remain stable or decreasing and stochastic is overbought.
BTC was situated into a triangle with a buy pressurse from bulls slide but they topped at 4045$+. Bears was keep this momentum and made a breakdown from this triangle and now is sitting into a big support at 4h timeframe Macd is below neutral zone-0- with a huge bearcross, RSI it s oversold and Stochastic also.About VPVR between 3771 and 3879 is a lot of...
ADABTC now is situated into a falling wedge but if we zoom out a little we get a huge INVERTED HEAD AND SHOULDERS.But it will fail or not this inverted head and shoulders? Firstly,to can push this we need a BTC Stable/in upward mode :D and we need a lot of fuel and also volume because this 1250 it s a huge resistance of inverted head and shoulders(neckline)....
Hydro was broked 1D resistance line and MACD crossed bull which confirm this movement. If we are looking at RSI it s still double bottom-ed which is a reversal patternd and stochastic it s near overbought zone but they have room to go up Hydro it s an unique coin because it s the first on the planet which want to develop and make better 2FA security and also...
VETBTC it s situated into a big big falling wedge and now it s near the breakout/resistance zone of this. Stoch it s oversold and MACD is below neutral zone but if we get more volume will be a nice breakout with a first target of 120 sats which is approximative 11.66% gains for here
XMRBTC situated into a big big falling wedge which is a reversal pattern. What is the most important XMR have SMA monthly support which is insane strong :) Stochastic is oversold RSI curbating up now is below neutral zone MACD probably will curbate up soon because to remain bullish in long term we need to hit neutral zone(0) and go up
A head and shoulders pattern is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. A head and shoulders pattern is comprised of three component...
XEMBTC situated into a falling wedge which means we will have a nice upward breakout. Stochastic at 1D it s oversold and MACD also slowly will curbate up What is important also,we have SUPPORT from ichimoku cloud at 1D timeframe so we can make few bucks with this trade. We have fib supp at 1658 sats but here also it s a good entrypoint
ETHBTC it s situated into a rising wedge which will result probably into a breakdown from this wedge. ETH was tested 0.0376 Resistance line and now they want to push higher but in stochastic RSI we have a bear cross,RSI and macd it s a little overbought at 1D timeframe. We are above ichimoku cloud which is a bullish sign but probably they need to cool down a...
BTCUSD want to turn slowly they move from bearish to bullish but the volume it s too less at the moment.To Break this huge resistance between 3741-4550$ they need more volume,but after and if will break this, next target will be 5170$ at 1 weekly chart. We can see a bullcross at stoch,RSI it s below neutral zone and macd want to curbate up For me,it s a no...
A Bear Flag is a price action within the context of a downtrend that produces an orderly price increase consisting of a narrow trend range comprised of higher swing/pivot highs and higher swing/pivot lows. The success of a Bear Flag can be greater after a significant downside move due to the possible increase of overhead resistance. Bear Flags can be stronger...
BTCUSD at 3D timeframe don t look very well because stochastic RSI it s overbought which is a huge sell signal. At the moment BTC can sitting at 3662$ which is MA support at 3D but if will close below 3662$ after a retracement we will going down hard. Macd show us a buy signal but i will not entry in this trade till stochastic RSI will cool off a little
The Double Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts, and candlestick charts. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between. It is important to remember that the Double Bottom Reversal is an intermediate to long-term reversal pattern that...
ICXBTC now is sitting in strong support zone(near bottom) at the moment it s not too much volume and noise because it s in accumulation zone.They don t have too much events also but if you check github activity you can see activity from developers/coders side that means the project it s going forward For me ,it s a great great long term buy oportunity ,if you...
Flags and pennants are continuation patterns. They are traded in the same way, but each has a slightly different shape. The terms flag and pennant are often used interchangeably. A flag or pennant pattern forms when the price rallies sharply, then moves sideways or slightly to the downside. This sideways movement typically takes the form or a rectangle (flag) or...
CMTBTC is situated into a falling wedge which is a reversal pattern.Now at 1D timeframe macd is below neutral zone and stochastic RSI situated into a bullzone so this can be attacked and pumped a lot . In 30 november was a huge squeeze so probabily a huge pump will begin (like for Stratis,Waves or ENG) Target of this wedge is 0.618 FIB which is 961 sats...