Hello Dear Friends, I believe EOS will either go through a temporary correction or just continue its downtrend. The key points in favor of this scenario are: 1. Head and Shoulders at the top. 2. Huge selling red volume bar at the top. 3. Bearish divergence in the MACD and RSI. 4. BTC is the king. Key points against are: 1. If BTC decides to correct it could...
Here is an optimistic scenario for ETH. Let's see how this turns out. If you like this analysis please give it a like. All comments are greatly appreciated. Thank you. Robertus
Hello friends, I believe this to be the short term route for TRX for the next days. Key factors: 1. There is a potential double bottom in the works which could be followed by a small pump at the end of the move. 2. There is a potential bullish Gartley formation, which suggests the pump at the end of the move. 3. The 200MA has to be broken violently in order...
Hello, Possible correction scenario on silver is due which may give a good buy entry. Advantages of this scenario: 1. Bearish Crab pattern detected which suggests a small correction. 2. Breakout of channel. Resistance now becomes support. It may bounce on pullback. 3. The suggested region of 50% to 61.8% is the region to get a buy entry. 4. There is a...
Hello, There is a possible short term scenario for BTC. There is a bear flag that is currently being printed in the chart with an extreme dump candle which engulfs several candles looking back. Advantages in favor of this scenario: 1. Bearish Engulfing candle (red) 2. Bear flag formation (pink) 3. Retracement to the 61.8% and 78.6% region of the bearish fibs...
Hello, There is a congregation of Fibs, Gann, Harmonics, Volume Profile, patterns and Divergences. Advantages of this trade: 1. There is a nice bullish Harmonic Gartley pattern. 2. Location of price as for now is sitting at the 78.6% retracement. 3. Divergence in MACD. 4. Falling Volume in a Falling downtrend, meaning the downtrend is losing strength. 5....
Its just a matter of time the price of XRP starts resurrecting upward. There is a possible bullish bat formation with possible targets in the range of $0.68 and $0.74. There has been strong support at the $0.30 area with the price touching it several times. XRP has shown that even if BTC goes down, XRP stays loyal to the $0.30 area. Personally, I think that...
Advantages of this trade: Spotted a bullish Gartley on Wink. Price Location on the 78.6. Three white soldiers spotted at the 78.6. Cofluence in the 4hr Chart. Conservative Trade to the 50% retracement of the Gartley. Tight Stop Loss Good Risk Reward Disadvantages: Is not alt season. General trend in BTC is in decision phase. BTC can dump any minute and will...
It's freaky how fibs on time intersect with possible future targets on BTC. The chart speaks for itself. It could be a possible scenario, let's say an OPTIMIST outcome. However, it cannot be discarded the possibility of all going to zero! Robertus
THE LINES IN BLACK SUGGEST A GIANT RISING WEDGE! WHO SAYS YOU CANNOT GO LONG JUST A LITTLE BIT? TAKING A SMALL TRADE ENTRY @$95. STOP 83 AND TARGET TOWARDS $119 AND $135 (HALF AND HALF). P.S. WE ARE STILL IN A BEAR MARKET. BE CAUTIOUS.
It's freaky how fibs on time intersect with possible future targets on BTC. The chart speaks for itself. It could be a possible scenario, let's say an OPTIMIST outcome. However, it cannot be discarded the possibility of all going to zero! Robertus
Just trade for a small bounce, if the double bottom fails to materialize, get out. Do not put more than 2%. It should be a small trade. The bear market is still roaring, but all bears bounce sometimes. Volume is picking up a bit, perhaps enough for a small temporary retracement. Cheers.
A bullish pennant is showing on EOS accompanied by decreasing volume. Target: 9.1950 Stop: 8.56 Risk Reward ratio is 2.11 It's better to do short term trades for now until the general trend of BTC is decided. The most likely scenario is that the bullish pennant will be penetrated violently. Cheers Robertus