Just spotted a Bullish Butterfly on ZRX. There is also divergence in the MACD. Advantages of this trade: A handsome Risk Reward, The Butterfly is almost to good to be true. It has very precise ratios. Extremely conservative trade. The retracement to 23.6% retracement is very likely. There is a nice W in the 1hr chart that is giving a solid base for a nice...
As much as I love XRP and big fan, it's time to let it be for a while. XRP broke the ascending channel (blue parallel lines), Important key points: a. Price broke the ascending channel. b. Bearish divergence in the MACD c. Before breaking there was a sort of a diamond pattern. (This patterns can be continuations but it is also common to see reversals) d....
KSM setting up for a second impulse in the form of a broadening upward channel. Very common to see this patterns in crypto as volatility kicks in when in pumping mode. Take a look at the double bottom that marked the end of it's correction from the first swing (curves in blue). Notice the last three candles how they are formed in a trending upward pattern...
Ascending Triangle pattern in downtrend. Possible resistance between 5.9 and 6.1 approx. Crossing at point of control of the current swing (range of price most traded) and the Golden ratio of 61.8% retracement. Possible support between 3.8 and 4.2 approx. Price sitting at it's EMA13 (purple). Accumulation Distribution trending upward above it's ema13...
Price broke above EMA13. Price resting at that level. Accumulation Distribution trending, with low volume. Hidden Bearish Divergence in MACD. Possible pullback target between 53k and 56k approx. The way we see it, is we got three legs down, and should correct with two legs up, we drew an AB-CD pattern to get a target in case this happens. Check out the point of...
It is time to wait for a confirmation on a reversal. I drew some W's, we need to see something similar like the ugly W circled in blue. Price below it's 4hr EMA20. (purple) Accumulation Distribution below its EMA13 now acting as resistance. (black/aqua below) MACD showing huge dump (circle in pink). There were possible reversal zones detected based on key pivot...
Bull Flag on TRB. If it falls below the 78.2% we will give up on a trend resumption and consider it a range, as long as it does not retraces more than 75% approx. we can consider it a bull trend in play. Accumulation Distribution is above its EMA13. Observe the pink circles, there has been two clear rejections, it shows some kind of exhaustive volume, but bulls...
Not a big fan of W.D. Gann, but when it comes to looking at angles is a good tool to see if something is on it's way of going parabolic. I believe Kucoin will repeat it's 2017 cycle, and will moon. It always follows BNB with a lag, and if the bull run continues in Bitcoin and in the SP&500, this will help for the cycle to repeat. Once the bull run becomes more...
SP500 continues to grow. Fed lowering interest rates to keep inflation under control. Current Interest rate is at 0.25%, and is expected to stay flat for the next four quarters. In very general terms, cheap debt, fueled by low rates, causing general depreciation of the dollar. Inflation expected to remain between 1.4% to 1.6%. Biden's 1.9 trillion stimulus plan...
Breakout on BTC with volume. Accumulation Distribution trending upward above its EMA13 (black/aqua). Bull Flag with pennant inside. First Target ($49,168) is a 1.27 fib extension and is near 50k; a strong psychological number. Second target ($54,389) based on the high low of the prior triangular range. Near the 1.445 mid point (not a fib). A measured move up...
Price above 20EMA Increasing volume bars. Trading above its most traded area of volume profile. Accumulation Distribution above its ema13 (aqua-black) It seems BCH is building strength. Got some possible targets using an AB-CD projection. Drew possible resistance lines. (There is a saying that resistance lines are meant to be broken hah) Just an OPINION....
Bullish Pennant; finishing consolidation. Price kissing it's Ema20 (purple). Good Buy Volume (circle in pink below) Accumulation Distribution well above it's Ema13 (aqua/black) It seems it it will go for another round. Just an OPINION, if it adds value please LIKE and FOLLOW. Thank You and Best of Best :=)
Ascending Triangle inside a broadening wedge with trending Volume. Usually when there are three or more green volume bars, one longer than the other is a good sign of strength. Accumulation Distribution is above its EMA13 and trending nicely. Target is the measured move off the ascending triangle which coincides with the 1.68 fib extension. Target: $47.568...
Bullish Flag with some sort of inverted head and shoulders take a look inside, lots of dojis, green is majority, meaning lots of buying pressure near it's ema20. People are buying near this area. Volume Dry Up (decreasing volume with lack of sell volume bars), people are buying small amounts, perhaps there are stop limit orders waiting for the break out....
BTC breakout with lots of Volume in 4hr chart (circle in aqua below). Huge green candle indicating a short squeeze and a sense of Urgency. Look at the length of the candle, lots of buyers. Accumulation Distribution trending above its EMA13, price and volume trending, very likely indicating strength in trend. Used the length of the High / Low of the prior range,...
En México probablemente vayan a tener que seguir bajando tasas para poder recuperarse. Estados Unidos siempre se adelanta, y el dólar es el dólar. Seguramente saldrá del rango en el que se encuentra actualmente y romperá hacia arriba. PD . Solo una opinión, opere con cuidado e investigue, no se emocione ni se deprima demasiado, manténgase tranquilo. Edúcate...
BTC in Range. Bearish Divergence on MACD. Accumulation Distribution below its 13EMA. Sell Volume Trending (3 or more sell bars one larger than the other). Perhaps buyers are willing to pay lower prices. It's important not to lose sight of the general bullish trend. Correction is possible in the short term. A LIKE is much appreciated. Thanks in advance. Just...
XRP, on strong support. Just at the Point of Control (range of prices most traded recently) of Volume Profile... It can either break out from here or correct a bit more to the next support and form there get second upward impulse. A LIKE would be extremely and massively appreciated. Thanks in advance! PS. Just an opinion, trade carefully, and do your research,...