Hello traders, investors and community, there is an amazing example for pattern recognition forming with ETHUSD, i want explain to you. Looking on the daily chart we can see that ETHUSD formed several re-accumulation periods in the past before breaking out of the range. This process brought the price of ETHUSD from 160 USD to 340, almost a doubling in price. There...
Hello dear traders and community! HOW TO: analyse this bullish market! With the example XRPUSD. In my analysis i detected several bullish factors for XRPUSD to skyrocket soon. In my analysis you see this long black parallel channel. XRPUSD kept in the channel for almost 462 days till it broke out on 14th may 2019 with a big green shooting star candle. You can see...
XRPUSD is about to confirm the triangle with an bullish hammer