Nathanl19

Nathanl19

A deeper look on price action with the 4 Market Cycles, price is at the Contraction Phase and is looking to head back to Accumulation. Also looks like we got a falling wedge pattern to add more confluence to a bearish direction.

Nathanl19

Price is getting blocked out by the mean and a growth in sellers is looking to turn price back to $31.60 If that level fails we can see price pulling towards the high volume area to test lower liquidity/trendline support. Price action is also at a lower high showing weakness in buyers at this main pivot.

Nathanl19

Looking to see price reaccumulate at these lows and to finally take off some time around April. I'm eyeing next targets to be around $80 after we breakout from the contracting triangle. Overall price action is in the expansion phase out of the 4 Market Cycles and this adds a lot of confluence for a bullish play to come.

Nathanl19

After waiting a while another opportunity presents it's self Weak price in buyers at top with the same range, looking at a ~130pip drop. First I waited for buyers to break above resistance, and then to see what else they could do afterwards As price went on we saw buyers try to step back in but only for sellers to keep pushing down creating Lower Highs and...

Nathanl19

Buyers aren't doing too bad as we approach the mean but it looks like it's time for sellers to show what they got for a nice pullback With a similar inverted head and shoulders pattern to what we saw in August of last year I would expect a SMA/liquidity pullback to the $30.50 break, and then a continuation towards trendline resistance for a target of $36.

Nathanl19

Price action is currently retesting the neckline, would like to see more play towards $75, possibly a spike-out for sellers to get in higher like the last time ⚙ The SMA is also offering dynamic resistance as we see further down pressure 🎯 Target goal $68.

Nathanl19

Price action still pulling back around $127 - $120 for a continued sell-off towards $100 I'm using pivot points to help read the direction of trend and then measuring the waves in sellers to get an idea of how well momentum is doing which can also be used to generate targets like shown on chart Entering at current price would make a 1:1 trade vs looking for a...

Nathanl19

This TA focuses on the bullish pivot points while at the same time using the 150-day SMA in conjunction to help manage trades and to use as a dynamic support level The Fibonacci extensions are there to confirm the pivot points and to have an idea of where the trajected targets are Next targets are $2,850 -$2,875 🎯 Keeping an eye on these pivots will help...

Nathanl19

In this lesson we have the major pivots in price action directed with the blue path so that we can easily find the trend and to also figure out how to take action on finding out if this pair is Bullish or Bearish In this case we see that price is at the same high in the past with tight swings creating a range or also called the distribution phase in the 4 market...

Nathanl19

Just a short update for my latest C&H post Price is also forming an Ascending Triangle pattern with a liquidity zone of $2,800 - $3,000 for an average spot for buyer to step in When trading chart patterns it's best to figure out how to jump in before the breakout similarly to the last touches highlighted in blue on the bottom trendline You can see that price...

Nathanl19

☕The C&H Pattern With a Little Tilt to It💧 This chart showcases how we can grab forecasted targets using chart patterns similarly to my other postings and how we can use these patterns to our convictions BITSTAMP:ETHUSD is currently still trading within the falling wedge pattern and will play a big role into being the cause of the C&H breakout As shown on...

Nathanl19

My last post with silver we ended up seeing price break below. Have been watching it ever since and fixed the TA a little bit. Looks like I was pulling my trendline from the wrong base and targets still stay the same. Make sure to check the relevant post! 🎯$36

Nathanl19 Updated 

So far so good as we saw price fall ~8% Need to see price flush out after this retest for a continuation as we head for $2,850

Nathanl19

We're looking at a disjointed channel dating back from 2019 capturing all the last two cycle tops and bottoms without having to use the log scale This distribution pattern caught my eye as it seemed very similar to the fractal top in 2021 and of course we can spot partial fractals of distribution all over the chart like the ones I circled in yellow As we trade...

Nathanl19

Simple falling wedge breakout with flag pole target of $115k

Nathanl19

Price was successfully bouncing off of EMA support until now I drew out the major pathways of pivot for a better understanding of what price will most likely do next As we analyze these pivots you'll notice that buyer become weaker in each wave giving sellers the opportunity for deeper corrections The last wave (3) had a correction so deep that it basically...

Nathanl19

Price action successfully holding up above liquidity after breaking out from $2.80 As this retest develops it looks like we're forming a bull flag for a continuation towards $4.35 and then to see another rip onwards on the high side of the parallel channel with a second target of around $5.50.

Nathanl19

Follow up to the rising wedge pattern After seeing price bounce off of trendline support 4 times then to finally breakout we could see the next moves sell off towards the discount zone To add more confluence to this setup we're looking at the difference between price and indication and it's signaling a selloff based on divergence and the medium blue signal...