White_mage

White_mage

Possible head and shoulder pattern trade cautiously

White_mage Updated 

Dear Traders As we remember 2 days ago we saw the volume in BTC increase and a large amount of BTC was bought. This was an indicator for me that the market is ready for a pull back. Since the exchanges need to gather liquidity the price was reduced. In my opinion tonight is an important day. If the market is able to hold (BTC 19500 - 20000, ETH 1076 - 1086) we...

White_mage Updated 

Ethereum in BTC pair is showing divergence. Meanwhile I didn't see a reaction from Bulls in BTC after the correction so I think another one is close. Therefore, I think ETH would continue it way. Hope you all good trading. |_|

White_mage Updated 

Hello guys. Hope you had good trades today. As BTC was rejected today from an important level, I think the bears gain strength in the market and the market would lend to a correction for some days. One was also rejected from this level if we look closer to 4h chart, the red candle with high volume covers the two green candle which I thought was a breakout. So...

White_mage

Good morning guys Welcome back. These days as I expected, the BTC didn't have momentum and got rejected. Maybe not in the first level that I thought. But as it arrive to 43K I think the consolidation era comes to an end. ENJ at this moment is in very good shape. There was a break out and from previous we can see the potential of pumps from it. So I expect to see...

White_mage Updated 

I think ADA is is making a Head and shoulders patten. Since the RSI also confirms this and BTC does not have momentum, at least in Sunday, I suppose that this pattern would complete. Lets see the market and hope a good weekend for everyone. :)

White_mage

I see a breakout in BTC and there might be a downtrend to 41500~42500 zone. Trade cautiously since the market is in not comfortable area.