Hello All, As I've been watching altcoins very closely for the past couple of weeks XRP is one of my favorite cryptos to trade, What I see between the weekly, and monthly timeframe is a massive Double Bottom in the works. Pretty much sub .10 cents is where I plan on buying for the long term and of course, it will turn into a massive swing trade. .10 cents is...
Hello all, Pretty much clear as day Double top on weekly and monthly TFs. I’ve been pretty bearish on gold since March. We’re maintaining bearish PA on higher timeframes. I hope you all have a great trading week
From weekly perspective XRP has a head and shoulder pattern which is indeed Bearish. Plus the fact that the BTC Dominance is pumping leads altcoins to dump city.
For Bitcoin looking from the weekly timeframe we can see clear rejections from the newly found Ath at 67K and I have seen it break the old Ath from 65k to 67K just to be pushed down below Ath at 60k. To me this very bearish because you'd expect once we break ATH we would of kept pushing up further. To me this acted like distribution which means overtime its break...
Weekly has been forming this H&S pattern I’ve been calling out for weeks. And it’s slowly forming time will tell what happens in the coming weeks. Also monthly look like it will be creating a double top as well.
IH&S on H4 H! m30 m15 and have timeframe correlation!!!
Bitcoin looks to be forming a double top on weekly timeframe going off technical analysis!
Based on Weekly timeframe double bottom. History repeats itself. BTC Dominance is pumping which indicates that altcoins will get crushed. When the BTC Dominance is pumping it makes alts dump. When BTC Dominance dumps altcoins szn happens and than you make huge gains.
Based on daily timeframe it looks to be forming a double bottom for dogecoin, but weekly timeframe is dog water looks like trash. I’m still bearish on the weekly timeframe , but if the daily double bottom plays out I will be looking to long dogecoin.
As wee seen a few days ago bitcoin and other cryptos dropped on Tuesday September 07, 2021 it took about 1 hour for all that hard work of a rally form 1700 for eth to drop from 4000-3000 for Eth. If you look at the weekly above you see a clear as day double top on the weekly timeframe now looking at previous data right the neckline target will be 1700 where we had...
Looking at the weekly and previous data its showing the same thing is happening like bitcoin potential double bottom I feel like we will get the same exact movement bitcoin is the key for other crypto's if it pumps everything else will pump if dumps everything else will dump. target for xrp is .50-.30 and we get a bounce for those levels causing a great swing...
Inverse head and shoulders on daily timeframe target should be 1833.
Based on technical analysis I believe we could form a double bottom on the weekly timeframe. I have two scenarios posted either one can happen. wounld't long until I see 30k ,29k ,or ,28k these are the most touches where we found support previously on july 9th
Based off technical its the start of a nice swing trade had a double bottom on H1
Based off technicals it respected the same are where GJ had that inverse head and shoulders pattern on H1
I had about 2 entry's on gold at 1680 I closed the first two at 1723. I reentered at 1775.71 which I'm currently holding. The three entry's which are from 1755.71 to where price is currently at 1779.90 om holding them and swinging them because I see more potential. The reason why I longed is simple if we look at previous data where we had the double bottom at on...
I'm currently shorting this head on the H4 timeframe I will than add to my short position on the right shoulder if this head and shoulder pattern plays out which so far its playing out good.
During the past four months going on the fifth month we've been bearish there's no doubt and if's about it. If you took advantage of getting in at the head of this head and shoulder pattern your already a step ahead of the crowd. The second setup is on this right shoulder that will be forming very soon. Overall on H4 you can see a clear head and shoulder pattern...