TradingNomadic

TradingNomadic

Nice looking falling wedge at the lows here inside of the bigger picture, which is the right angled and descending broadening formation. First move would be a retest of the top of the structure at 4.95, and partial decline typically, with a measured move target into 6$ Youve got a lower target as well for the Cypher / Falling wedge around 5.30, and potential...

TradingNomadic

Real clean chart here, with nearly identical bear trends coming off the highs, making the 3rd higher low here. Expectation here, so long as 4.09 holds up, would be a test into 4.84 next, with resolution to the range high around 6.00. Theres a target up there around 8.20 for a Cypher pattern but above 6 bucks, id be looking for the measured move of the initial...

TradingNomadic

Beautiful weekly chart here on Wheat, attempting to break the supply line coming down from the highs here, and challenging local resistance. Real clean double bottom nearing the apex of consolidation here. Holding above 578 keeps you above the range low, and the expectation would be a resolution to the top of the broadening formation. Typically this is where...

TradingNomadic

Looking for a partial decline here if we are approaching mark up, whether that comes from a pivot here or even a higher low at trend, which would be the first step in getting an uptrend going here. The partial decline would confirm with another test of the range high, statistically favoring a breakout, and mark up, thereafter. Your 1.618 extension, and the...

TradingNomadic

Looks like a checkback here on ANY, after putting in its first major higher low, and then local higher high Id get some confidence in a retest of the top of the range if we are able to get back above the local 50% level at 1.52, making the target around 3.6 Above that id take profits into retracement levels, likely a good at check at the zone there between the...

TradingNomadic

Real clean 3 rising valleys Bito will confirm with a retest of the top of the range / neckline. The measured move of this pattern is a 1.618 extension, suggesting the potential for a price appreciation of 300%. This would have some pretty serious implications for Bitcoin of course, as the underlying asset here. Ive also added the measured move of the range...

TradingNomadic

Critical area here for loopring as we test the support low from summer 2021. Real clear correlation between here at .88, and that would be the expectation if we continue to hold this low. We broke out of the initial supply line coming down, but the secondary one is also being respected as resistance for now, so that would be a sign of strength, should we break...

TradingNomadic

Litecoin testing the highs of the range again here after a partial decline. Targets higher would start at the local 1.618 at 219, with resistance at 273, but the measured move would imply a 100% extension which would take up into about 328. If we were to make new highs here i think youll be looking at 500-700 pretty quick with the 1.618 extension reaching as...

TradingNomadic

Real nice look here on TLT for a wave 1 and 2, forming the bullish cypher at the lows. This is an update to our trade from Oct 23 and a secondary entry here on the 3day, with triple bullish divergence on the weekly. Macro momentum hasnt turned up quite yet, but obviously on the higher time frames thats going to be lagged pretty good. The daily however is just...

TradingNomadic

Looking for a move above the local 618 for confirmation, but the first target would be the top of the range for the Sign of strength. Typically youll see a partial decline of sorts, which would then statistically favor a breakout into extension targets at the 1.618, and the measured move a bit higher. With daily and 3 day volatility still contracting, it could...

TradingNomadic

Nice reaction here after recovering back above support. Overhead resistance at .27 should be an initial target here which would likely take out the supply line as well, with a potential partial decline afterward / retest of the supply line. Targets here would be the 1.618 and 2.0 extensions initially, but more than likely, not where the show stops if we continue...

TradingNomadic

Real nice look on the weekly higher low here. We've broken out of the wedge here, but there is a secondary supply line / creek, that we need to push thru and see a sign of strength come in. This would be achieved with a 1.618 extension and a retest of the neckline here, where you could typically expect a partial decline of sorts or a checkback before breaking...

TradingNomadic

This move up should end with base 3 forming, consolidation high and tight in a range for accumulation before the final extension as wave 5 unravels. A little early to be confident in the full extension, but this would be a real clean example. After Base 3, price doubles, rapidly. in line with our measured move. Charts are a great visual representation of...

TradingNomadic

Seems to be the sign of strength move here on LSE:SYN , with a measured move from the ascending triangle on our daily, that would take you into the top of the range. Typically this is where you would expect a partial decline / consolidation while supply is absorbed. Assuming this is correctly identified, you would expect a second test of the range high which...

TradingNomadic

This is an addition to the ongoing macro trade idea from the spring phase low. This whole structure here, looks to me like one long wyckoff accumulation campaign and Adam / Eve double bottom. This is your sign of strength, and the expectation is to return to the range high, and likely see a partial decline or consolidation once achieved. If i am correct here,...

TradingNomadic

I call it the 3 rising dragons because of the way it bottomed. Dragons, Broadening Bottoms, and 3 rising valleys often present themselves similarly. In this case, the most notable characteristic of price action here is the head, and the 3 rising valleys from the lows, even though, you do have your distinct feet and 786 retracement initially there. .74 cents is...

TradingNomadic

Real nice look here on GREE, a bitcoin mining company. Breaking back thru the low of the range after 3 drives to alongside the lower trend. Bullishly engulfing here on the 3day, first target being the range high at 8.99, then 14, 26, 50, going up the fib extension on the left side. Measured move is 48.66

TradingNomadic

Real clean bullish dragon pattern here on ETH with the daily Bullish engulfing today. Initially looking for the range high target at 2810. This would confirm the double bottom, and the expectations above that would be a 1.618 extension, or as high as the measured move of the double bottom. A break above the upper supply line would then raise the targets to...