ETH / BTC approached an important area. The fate of the trend is being decided. Trading in the channel. The price is approaching a very important zone - the “mirror level” and the downtrend of the global downtrend channel. Also be careful at the border of the channel, there may be a breakthrough. If there is a breakthrough of the horizontal channel and with it...
After the breakdown of the horizontal channel, the figure "double bottom" appeared on the chart of the coin. This was in the previous trading idea for this coin in the update. Profit amounted to + 76% The situation is now. At the moment, we have the shape of a cup (saucer, rounded bottom) which, at the 4th stage (breaking through the resistance of the...
THETA / BTC Price almost clamped in the corner. Denouement soon The buy zone is at the breakout of the pattern (yellow line), and it is better to roll back so that it is clear that the price has fixed and the trend will change. Stop Loss Below is the support level for your risk management (red line). I’ll add that the existing support is below the historical...
About 2 months, the coin moves in a lateral movement of 7-9 satoshi. Perhaps a major player is gaining ground. The purchase area is 7-9 satosh. Stop Loss Below is 7 Satoshi. Sales goals - 16,23,30,38,44 You need to understand that the goals are conditional, the orientation during the movement is no longer on schedule, but on orders in the order book and in the...
This is a difficult trading idea to understand. This is an option for events that take place if something does not happen in the near future, which is not connected with the cryptocurrency market. But these events can have a huge impact on the financial world and the world at large. I advise you to monitor the events in the near future in the USA and the...
Gifto (GTO) Downward wedge on a bearish trend. The first goal is a zone of about + 100-120%. It should also be borne in mind that this downward wedge may not be a figure of the continuation of the downward trend, but a reversal figure of the trend. It is worth noting that if this downward wedge becomes a reversal pattern, then profit targets can be impressive....
Bitcoin domination graph by capitalization of the entire market. At the moment, we see that the dominance of Bitcoin over other assets is in an uptrend. In the trend, we clearly see several figures of technical analysis. Descending triangle (red) which worked up to the height of its widest part. We see that rare case in the market when a bear formation works into...
On the graph you can see how one figure goes into another and all goals are fully fulfilled. The figure of the technical analysis "Inverted Dragon " all the description, lines, goals on the graph are yellow. The figure of the technical analysis " Dragon " all the description, lines, goals on the chart are blue. In trading such figures, the most important thing...
Perhaps a down flag is being generated on the BTC . Target -12% of the breakout. Entrance is a deal only on a breakout confirmed by the volume of the "canvas" of the figure. "Bear Flag". The flag is considered a strong figure, therefore, a turning point in the trend on this figure is very rare. More often than not, the “Flag” appears in the middle of the trend...
BTC - potential shapes of technical analysis figures depending on the breakout / price retention levels. A huge symmetrical triangle - a bear measured move - Triple top - Inverted Dragon. BTC / USD 1 week. I will write the zone algorithm and what will be drawn on the chart depending on the retention / penetration of a certain zone and...
Perhaps a down flag is being generated on the BTC. Target -12% of the breakout. Entrance is a deal only on a breakout confirmed by the volume of the "canvas" of the figure. "Bear Flag" . The flag is considered a strong figure, therefore, a turning point in the trend on this figure is very rare. More often than not, the “Flag” appears in the middle of the...
I was very surprised that it was the number of days in the 3rd cycle that coincided with the bitcoin halving. I don’t think it’s a coincidence. Also pay attention to which zone this formation may not be confirmed. There is such a rare long-playing formation “bear measured move” from the peak of 2017 and it is being formed. Measuring stroke is a fairly long...
“Dragon” is a reversal pattern that indicates almost the very beginning of a trend reversal. The formation of the Dragon tells the trader that market sentiment may change soon and the current trend will unfold. The figure is a more modified version of the "Double bottom" or "W" shape, while it signals the change of the bear market to the bull market. But there...
A symmetrical triangle is drawn, which, by the way, can be a continuation of a downtrend and thereby confirm the figure of "Downtrend Pennant." But let's not talk about the bad. It is likely that this "Symmetrical" triangle that is drawn is tried up. The goal is the first resistance to the height of the widest part of the triangle. The target and the percentage...
POWR - perhaps located at the very bottom and there will be a break in the trend - the formation of a saucer shape. Coin - TA textbook. We see a global downtrend on a coin. Each figure was a continuation of the trend. Bear flag - rectangle (horizontal time channel) - downward wedge - rectangle (horizontal time channel). Now the coin is 1 month in lateral movement....
PPT Symmetrical Triangle. The first goal is 33%. Merged into 164 X! PPT Symmetrical Triangle. First goal 33% I trade this coin from time to time. Downtrend. The coin from $ 64 merged to $ 0.39 $ 164 X in the negative !!!!! Can you imagine how believing investors feel in this scam?) The faith of the majority imposed by the minority destroys the mountains and minor...
Litecoin is in a small uptrend in the “Expanding” (diverging) triangle. The global trend is downward. Important pivot points and levels of the first movements I depicted on the chart. Features to which you should pay attention when forming this model of a figure. 1) There must be a minimum of 4 points of contact 2 touches...
RVN Falling Wedge. First target + 30% Figure potential + 100% The purchase area is 270-300 satosh. Stop Loss Below - 270 Satoshi. Goals - 390,450,500,550,600 Satoshi. It is worth noting that at the moment, for example, on the binance exchange, the price is clamped by orders. The book of orders for the sale is too heavy, for the purchase on the contrary, after the...