Happy_Candles

Happy_Candles Updated 

Pay Attention to Keep as it is about to interact with the 34ema daily. Looking for a squeeze.....

Happy_Candles Updated 

Descending Wedge: Current Trade Idea: Flip 42 to invalidate for the "we go higher" bias. Lose 37.3 for the "we go lower" bias. Short Term: (LTF) Inverted tilt pennant or wedge? Lose 37.3 and see 35-33 (tilt pennant), flip 38.7 and see 42 tested (d.wedge) Mid Term: Bear Flag, copied channel as is the rule, 23k peak low possible, reclaim 28 if BTC bounces...

Happy_Candles

Reclaim 31800 to go up, I think BTC has a date with the 200 ema however. Could possibly wick to 19.8 which is the double top target.

Happy_Candles Updated 

If the market as a whole were to turn around this month of Feb, I'd be on the look out for this bullish pattern from SAND.

Happy_Candles Updated 

Can't get a better entry, strong fundamentals, cya at 60.

Happy_Candles Updated 

Blue path shows the possibility of an Inverse, Red a double bottom such as Eve and Adam and so forth. Worth watching for confirmation....

Happy_Candles Updated 

Perfect example of an Elliott Wave impulse inside a megaphone pattern. A-E Motive wave correction. Lose 2.99, short to 2

Happy_Candles

Pattern trading with the knowledge of how to set targets and an understanding of busted patterns and their respective probabilities can lend accurate data with which to build stratagems for long term investing. I believe targets are eventually met and often lead into other patterns that create new targets along the way. A long term trader\investor must be...

Happy_Candles

A few ways you could trade this. Because price had closed on the other side of the triangle from where it had broke out, it is now a busted pattern. A single bust has the highest probability (67%), you could go short with SL above dotted horizontal or wait for price to close further than 10% away to confirm direction (down). If stopped out and green pathway...

Happy_Candles

Keep has been showing strength since Jan it has been moving against the market. I'd look for a possible EW impulse. Need to see a successful bounce at .618 to trigger an entry for wave 5. Take some profit at 1.2 pips trail SL and hope for an extra bump to 1.35. Fall below .618 to invalidate.

Happy_Candles Updated 

$ETH If 3.5k doesn't hold, perhaps we see something like this.... assuming macro wave 5 of this impulse has yet to play out.

Happy_Candles

First close below 1.06 and I'd short it to .74. If BTC and the rest of the market hits bottom, I'd look for a bounce from .74 to 1.05, if a break occurs over 1.05 I'd go long at confirmation.

Happy_Candles

See chart notes to explain it all..... invalid if we dont see a resist test to neckline and later a break above the neckline.

Happy_Candles

Doesn't matter which coin I used, KAVA was picked at random for back testing. The 7, 30, and 100 are used for trend analysis. When both the RSI and MFI are in confluence with support, that is the entry trigger. When above the 7, 30, 100 ride the trend and only exit when bear div on 4hr is apparent, MFI RSI in confluence at overbought, price drops below the 30....

Happy_Candles

Maybe a relief bounce to 45-47k then a dump back to 42k for a double tap.

Happy_Candles

Complete wave 3, pull back to the .382 or .5, enter at pullback confirm, take profit at wave 5 $41-$43

Happy_Candles

Perhaps B wave has a higher bounce, not sure if C motive drops to 36ish but it is possible to have this type of correction and still remain macro bullish. Ascending wedge is beginning to form if this plays out which could mean a hefty ABC correction in the future. Assuming we have yet to get the 5th wave.

Happy_Candles

Just for fun I would like to see if this fractal, which I had seen in many instances, repeats itself.