The Synthetix Network has been trading sideways ( as have a lot of crypto currencies recently, but that had started to change for the better, and we all hope for a bull run that dwarfs the last one with all this new money now aware of the benefits of DeFi. Battling that is the ever present and constantly adapting scam artist who are coming up with some of the...
A previous area of support from Sept '20 to Jan '21 is now being retested again ($1.08 top of support range)....yesterday's candle dropped down and damn near slammed against the that $1.08 top of the lower rectangle after it fell through the previous area of support between $186 and $2.10. I drew the new areas of possible support when the plunge began....let me...
I have seen CRV test this area between $1.86 and $2.20 5 times fairly recently as you can see from my drawings on this daily chart. Looking for feedback from the trading community on what you guys think of my analysis, and whether I am on the right track with a lot of the analysis that I publish, most I don't, and I probably should because there are no losses...
I am just wondering if you guys are seeing the same things I have been seeing with not only Synthetix (SNX) but many other potential future winners as well, let me know what you guys think about SNX...
My chart clearly shows not 1, not 2, but 3 inverse head and shoulders on the way up for Ethereum, with a 20+% boost in price, and a step up in the average trading price, similar to Bitcoin , but it took Bitcoin a lot longe rto reach the price Ethereum currently sits at. I have nothing against Bitcoin, but knowing what I know now about each...
My 'hardwood area" price range is where I approximate the bulk of the institutional support to be for my precious falling ETH....It is looking like if the trigger is to be pulled, we may be coming up on the time to get in the proper stance and take aim. I would hate to see Ethereum fall through that beautiful wooden floor, but I think if we get there then there...
Just looking for feedback on whether that is enough of a conformation in the short term....still playing with my chart time periods with different indicators...as you can see, thanks guys.
Once again guys, just a beginner, but based on what I am seeing, this incredible bull run by (MANA) could be either confirmed or reverse if this Downward Flag does in fact play out and then whichever trend (I am bullish based on my analysis), is shown coming out of the flag, if it can be confirmed then this could be a great investment in the coming months. I have...
New to trading guys so just looking foe feedback to make sure my analysis is still where it needs to be....any knowledge more experienced traders can grant me with when it comes to the technical analysis is much appreciated, thanks guys!
Is what I am seeing here correct? It seems that a rise in both Stochastic RSI indicators should produce a bullish look for price in the near future. Just looking for feedback from the traders who obviously have a lot more experience with this than I...but being a beginner isn't always a bad thing, I don't have all this info weighing me down...
Hey guys, you seeing what I am seeing here? Just would like to know if I am identifying these things properly because practicing my strategies is worthless if I am practicing the mistakes or bad habits. Obviously the buy in after the price crossed the confirmation line would have been pretty lucrative, another W for Technical Analysis. Any feedback guys, did I...
I have been trading for about 8 months and i would be bullish on ETH now anyway, but I wanted to know if what I have on my chart is pretty much the starting point, and is correct to laying out these resistance and support areas which can then help you devise you strategy for entering and exiting a trade (provided I am swing trading this in this example....I was...
Hey guys, As you know I have a lot of curiosity as to what Polygon is going to do in the near future, and I am a beginner (less than a year in), so I wanted to know if this would constitute as a downward Flag on the MATIC Chart this morning? If so, is the right strategy to see where the price breaks out of the flag as an indicator as whether the price will rise...
I am just a beginner so please any pros, if you have any advice can you please give me whatever you would like to part with knowledge wise, I am all-ears, please. I believe in ETH, and I believe they will at least capture 2% of the total market share which I believe puts the stock price at $20,000 or more. If the video I watched done by world renowned economist...
I think this chart speaks for itself now...I thought I saw this coming yesterday morning, and if the trend holds true, it should drop down to the $1.60 range before some consolidation and another climb, just my opinion, and I am a beginner so the amount of info I am taking in is tremendous...one step at a time but any mentors are welcome...
Guys, I love Polygon, and what they are doing , but it is looking like a great entry point for anyone looking to get on a nice dip that will soon be upcoming if the head and shoulders that I thought I saw when everyone was so bullish on MATIC yesterday morning finishes out the right shoulder, and if true to the trend following, will dip even lower in the short...
Writing this just to see what the pros think....I am a beginner so you guys know how much info I have taken in recently...time will soon tell if I am right...let me know what you guys think, thanks.