i like the way UNI looks right now with the inverted head & shoulders; should be a good altcoin over the coming months not trading advice tg
I thought the time cycle was interesting on DOGE so thought it was worth sharing not trading advice tg
LIINK is showing signs of a diamond bottom... waiting for some movement to the up side before getting involved... target would be $11-$13 not trading advice tjg
ETH is trying to make an inverse head & shoulders which is a reversal pattern granted this is the hourly chart, but some hopes of a temporary bottom is nice to see in these market conditions stay safe and have patience not tradingadvice tg
i've been following LINK for a while now and when you think it can't go any lower, it does. i still believe we get another leg down to the $4.50-$3.85 area before we start to trend up why do i think this? a couple reasons 1) we have a hidden bearish divergence on the daily chart (price = lower high and RSI = higher high) and 2) equities are set to dump again...
i posted a similar head and shoulders top chart for link back on 1/11/22... getting closer to it playing out measured move down from the head and shoulders top is the green area (buy zone). i think we eventually get there... not trading advice tg
LTC not looking terrible here; thinking this inverse head & shoulders will reverse the downside momentum to the up side have patience and not trading advice tg
thought i'd post a chart that'll trigger some people... this week and next are very important for crypto and the markets in general $3k could be the support ETH needs to re-establish itself and move higher not trading advice stay safe and have patience tg
LTC like many other altcoins is working on a 3-day hidden bearish divergence if you go back thru LTC's price action, especially downside trends, you'll notice a number of hidden bearish divergences which i have pointed out on the chart $86 area hasn't been tested and would be a good place to enter given it holds as support thoughts only, not trading advice tg
DOT has created another hidden bearish divergence on the daily chart with another move below 50 on the RSI this combination has not treated traders very well on this down trend. looking for more downside in DOT not trading advice tg
doge's long term resistance has turned into support... as long as we hold this support, i think the tides start to turn and we move upwards not trading advice tg
rising wedge looks like it wants to break down... measured moved on this puts us at a target of $1,800 not trading advice tg
DASH shows a diamond top on the weekly chart with a break to the downside out of the channel. measured move takes us down to roughly $70. have patience and stay safe not trading advice tg
matic breaking down like everything else, looking for a downside target from where the wedge started at around $1.20 stay safe and have patience not trading advice tg
LINK has been one of the bright spots in crypto so far in 2022 but that may be changing soon. Current chart looks like a H&S top has been forming for some time now. We'll have to wait to see if price falls below the neckline to confirm pattern and price action to the downside. patience pays not trading advice tg
ETH has made a hidden bullish divergence with the december close... price has been making higher lows while the RSI has been producing lower lows. MACD hasn't followed suit with the RSI but a series of higher lows isn't a reason to say the hidden bullish divergence is off the table either. something to keep an eye on along with the new year in most countries......
watching SHIB to make a further move down to support area before a move up to highs not trading advice tg
trendline that has acted as resistance is now acting as support. if the trendline should hold as support, i would anticipate a solid move upwards. not trading advice tg