On the daily timeframe we have this beautiful ascending triangle. As we all know ascending triangle is bullish pattern and it's very high probability to break to the upside. However we may go down to retest support line before we break to the upside. The target of this pattern is 55.3K which is in perfect confluence with the golden pocket. What do you think about...
We have this beautiful falling wedge on the weekly chart. As we all know Vechain has great fundamentals but the price is falling like rain, but i think we are at the bottom, because of this falling wedge on the weekly. I have missed the train and bull run for vechain and now i am happy to have this opportunity to buy that great project so cheap. The price target...
Everybody is now looking at the ascending channel on the weekly and i also saw it but at 34k (you can look at my profile). Now everybody on YouTube is talking about it and that is why i think that we are going to break it to the downside to make them even more bearish. So i think we are going to low 30k levels even maybe slightly below. This huge falling wadge has...
Last two weekends everybody how fallow me knows that we have been trading the range over the weekend. In most cases we are trading in the range over the weekend bacause of the low volume and lack of big players involvement. Just last week we have won 7 trades and lost just 1, i hope we are getting this weekend ranging market again. If you dont know how to...
As i told you at 44k we had hidden bearish divergence on the weekly and bearish divergence on the daily, point of control, daily resistance level and golden pocket. On the top of that we had this bearish pattern called rising wadge that we broke to the downside so it was clear to me that we are going down. At the moment we are at the support levels where i am...
As i said in my previous posts we are in Ascending channel on the weekly, on the daily we broke out from our rising wadge to the downside (is going to be confirmed if close below 43.1k) and descending channel on 4 hourly. Yesterday i posted about the rising wadge on the daily and i was bearish, because on the weekly we have formed hidden bearish diverganece and on...
Everybody is talking about the inverse head and shoulders pattern but i think that is to good to be truth. I just saw this rising wadge with multiple touch points on the upside and downside. And i wish i could be more bullish but we have hidden bearish divergance on the weekly and small bearish devirgace on the daily if the candel closes in red. Even if we we...
We are in descending channel on 4 haurly btc chart. I just want to point out that we are at the strong resistance levels like daily resistance, point of control and golden pocket. On top of that we have this channel with multiple touch points on the downside and 2 touches on the upside. With that hidden bearish divergences and bearish candel close on the weekly i...
On the 1h time frame we have perfect falling wadge but i would not recommend you to trade the breakout because we are in a weekend and the volume is low. Instead i am trading this range between this to yellow lines bacause in the weekends we are mostly going sideways. We have also some tensions betwen Russia and Ukraine so i dont think btc is going to move before...
BTC has formed this beautiful ascending triangle and as we know is bullish pattern so i am trading it to the levels of 47.5k whith is going to be 6% profit. At 47.5k i am pulling out my profits because of the strong resistance, one of them is point of control but i am going to post about that when we get there. I am also very confident in this trade because of the...
If you are a Bear there is some good news for you because we just got retest on H&S pattern and we got rejected. This is in my opinion not likely to play out, because we have so much support uder 35k but as we know crypto is unpredictable. If we do get this opportunit to buy below 20k i am going to be so happy as we know that BTC is future and is hier to stay, on...
Very nice triangle is obout to breakout.We can trade it we see some volume coming in and candle closing above reistance or support line. Targets should be at 46.3k and 40.8k. What do you think about my opinion? If you like my ideas please follow me and like the post, i am new to Treadingview but i have 6 years expirience in trading. BTC TO THE MOON!
XRP is in huge on the weekly time frame. We are maybe coming down to retest support and from there go up again. In this bull run we have not seen big move from XRP and we all know why.I think is time to suruurprise all people that already sold with some big move and breakout from the symmetrical triangle . With some good news from the SEC case i think we can go...
Back in october i drew this rising wadge and i completely forgot about it.Since than we got our third touch point and big bounce from it on the fourth of december.This rising wadge goes back from 2017 Bull-run and has multiple touch points on the upside and 3 touch points on the downside. But we also have this rising channel and 3 perfect touch points on the...
I am in long position since 33k because of the rising channel on the weekly, however i am in small short position on my another account because of all bearish divergences that we are making on the smaller timeframes. My entery point was at 42.5k but i didt saw the Bull flag break out.Now i am out of that position with small lost and i am entering long position if...
Yestaterday i put long position because of the Bull flag breakout.Target was almost hit but i took my profits at 45.4k because of the previous support now turned in to resistance at 45.5k. If we see sign of a bounce i am ready to put small long position at the weekly support at 43.1k Trade smart and good luck to all traders. What do you think about my...
As i said before we are in rising channel on the 4h and we got our 3 touch points so my short position got filled at 42.5k. We are forming massive bearish divergence on 1h timeframe and that is conformation that we are going down in short term. My profit taiking area is at 40.6k.I dont think we are going below that. I am in 20x levrage position with stoploss at...
As we know there are 2 types of markets. Trending and Ranging markets. Most traders are more happy to trade in trending markets whith meens in Uptrend or Downtrend because of the clear diraction of the trend. However Trending markets only trend 30% of the time while on a Range 70% of the time. So how to take advantage of the Range trading? Most of the traders are...