coinbase started off collapsing, then formed a bullish pennant, but its all pointless unless price jumps above 310 and retests rejecting going lower by forming bullish candle sticks and closing above 310 on the 4hr. or we could continue to see the bears having its way with coin by breaking the purple line and retesting 300 before continuing to fall. lets play the...
we are sitting under the red resistance line, we made an impulse wave with little to no retracement, its possible we see a bounce, look for a double top before entering, or we can see a break of the red resistance dotted line and if going long look for a retest of that same dotted resistance. white & green lines are major support/resistance also possible TP targets.
Bullish move, rejecting Red resistance line, and also it made it out of the wedge and price rejected going back in.
Blowing up at about the yellow lines distance. At the same time we are completing the triangle formation it seemed to have been respecting. Along with the "breakout". I suspect we could see .11
picture. Comment, like, dislike, say Hi, add to idea or what do you think? This is not financial advice, im simply showing what I see.
This is not financial advice, just stating my opinion.
picture. feel free to comment.
*Dab*.Nio made it in the pitch fork thingy. possible inverse h&s with a possible TP of 62. EDIT: picture at the bottom shows the green oval to be a false break from the pitch fork. and the yellow oval shows heavy green volume, possibly meaning we should have never left the pitchfork trend.
This is not financial advice, on the monthly we have an over extended sqzmom bull run and aproaching the shaded green part of every bull run concerning szmom. price could collapse to the buy zone as stated in the picture. and after that we could see TSLA go to mars. tell me what you think.
Closed rejecting TL. And if you zoom out there is a big cup & handle with a false breakout to the downside of the cup. And currently retesting at the same time as this h&s retest the cup we shooting to the moon on lennar. I think. Comment, like, etc.
Pictures. Go ahead and check out the 2hr tf also. We had a pennant/wedge idk the names. But it broke out with volume bullishly, we had a triangle broke and retested. Seems legit. Im speculating. My bias. Like, comment, follow, donate, send xoxo's.
we have, I think its called, a pennant and Nio seems to have broken out bullishly. tell me what you think. comment, share or just say hi or like this idea. this is my speculation.
I am spotting an inverse H&S on the 1hr. currently testing/ forming a flag breaking out of that neckline. price POSSIBLY forming a reversal H&S at the purple line for a retracement to 1.15xx. R/R I see is a 1/5 on this one I am have my TP at 1.1930.
to form a ab=cd. maybe. at point D is where we have a Huge H&S retest of the neckline. its scary.
Hello Sirs. due to Purely technicals It seems like Usd/Cad might be bullish on the Weekly. We have an inverse H&S. with the neckline been broken on heavy volume. currently testing the neck again for a double bottom. Great R/R position available. im on a 1/5. feedback is more than welcome. atleast say hi.