ACB, a cannabis company, is developing triple bullish divergence on the MACD. This divergence is indicated by shallower MACD islands when the price is making lower lows, and shows that sellers are getting exhausted. The price has now arrived at a critical support line, where a bullish hammer candlestick is now being bullishly engulfed. The targets of this move...
Bitcoin has created a very nice 'Head and Shoulders' chart pattern. If this chart pattern's measured move is hit, price-action will have found its way above 72.000 USD. While not visible on this timeframe, the daily MACD has just regained its positive momentum. This could be an indication that the bulls are just getting started, and the remaining supply at the...
XOM is currently backtesting the breakout of an 'Adam & Eve' double bottom pattern. This goes along with hidden bullish divergence on both the 4h and daily timeframe. This breakout has its price target a long way up, which is why the previous breakout high will be the first target, after which a historical support line is set as a target. The third target lies at...
AAVEUSDT is showing class A bullish divergence on both the RSI and MACD. Also, it could be starting the last leg of the bullish Gartley if it finds the bids at the current level. The current price level nicely aligns with a historical demandline. Target at the .618 Fib, and the pattern completion zone of the harmonic. SL set just below a previous low and below the...
Apple (AAPL) has created a nice bullish shark pattern on top of a dynamic support line. The targets of this pattern lie at the X and B of the harmonic. SL is not set optimally, but a 3:1 R:R ratio is achieved this way. If price-action gets back down here, it has likely fallen out of the wedge so you wouldn't want to be in. The daily momentum is about to go...
XMRUSDT is currently backtesting a breakout of the triangle pattern. If the previous sellwall now acts as support, the price targets are found at the .718, .886 Fibonacci retrace. After these levels, the next target is the previous high which lies at the same price level as the measured move of the triangle. The daily chart is confirming a strong class A hidden...
DOT/USDT is creating a very nice 3 rising valleys pattern. Along with this, the 4h MACD shows a shallower valley on each bottom, and the daily MACD is about to confirm hidden bullish divergence. If price action breaks above the highest daily candle close, the targets are as shown. SL set below the lowest candle close of the most recent valley
ETH/USD has finally picked up steam, but now the question arises where a top could be created. There are two levels where profit-taking is likely to take place: The first target lies at the bearish bat pattern completion zone at 1950 USD, while the second target lies around 2000 USD, which is the measured move of the 4h inverse head and shoulders. While bearish...
While it has been in a strong downtrend over the past few weeks, CRSP is showing signs of a possible bullish trend reversal. The 4h MACD is showing triple class A bullish divergence, with a daily bullish hammer candle on top of a critical support area which also lies at the bullish .886 Fibonacci retrace area. If price-action shows a reversal upwards, the price...
While not really low-risk, high-reward, DFS did retest its old pre-corona high as support over the past few days-weeks. Since this level held, price-action could see the top of the channel next. Targets at the 1.414 and 1.618 Fib extension to keep a 3:1 Risk-Reward. Weekly MACD close to going negative, so watch out with position size.
Creating a double bottom pattern at an easy-to-manage risk/reward area, DASH/USDT could see higher prices soon. Both the daily and 4h show hidden bullish divergence. Targets are set at the .5 retrace and .618, both in the golden ratio with at least a 3:1 Risk:Reward
ALGO broke out of a downsloping channel. While this happened, it created a three rising valleys pattern, with a measured move at ~1.50 USD
BAT/USDT is resting on a very important resistance level. If it drops below, you want to be out, but otherwise a new ATH can be set, with these price targets. The daily timescale is confirming class A hidden bullish divergence, so you have an edge for upside price movement
Daily and 4h bullish divergence, retested support level and broke supplyline
A clear H&S pattern is drawn on USDEUR. The measured move has just started with a breakout below the neckline.
Since it broke out of the rising wedge at the bottom, after consolidating in a narrow channel, a bear flag can be drawn on CRSP 4h and Daily. The positive momo on the 4h couldn't create any upwards movement so if a possible backtest of the rising wedge cant get the price back in, you could be going to 120
PNL convincingly broke out of an upsloping triangle; if it comes back down to test it as support, an entry could be made with SL below the neckline, and targets at previous supports, along with 100% measured move.