bearish divergence in progress take a look to the example on the left, still have one more impulse before retracing.
Currently at a distribution zone around $6950/7120 the max high of this move, next target will be a new low ($5200/$4900) in September, there are many indicators showing price reversal but I don't like to overload the chart, with them.
Bearish symmetrical triangle on eth/usd, these are important levels and targets for our short sell
12 h chart-btc has 2 bearish patterns, head and shoulders continuation and a rising wedge on the right shoulder with bearish divergence on stoch rsi, sell levels 6740/6800 and 6900/7000 targets 5200 and 4900 (couple of weeks )
Just take a look to previous pattern on May, 23 day of downtrend and -28% drop, price formed a bearish triangle with flat top rising bottom (13 days, pattern inside the circle) and had another drop of -25%, also look at the RSI levels they look just like now, and facing same RSI resistance at 50. A drop of -25% will lead btc to $4930
Rising wedge under formation, Orders and targets at the chart, also estimated time.
Price formed a reversal structure with bullish divergence, and its ready to jump at $6800/6900, I have a 2nd target of $7140, This is SHORT TERM REVERSAL, weekly chart (mid and long term) still bearish and it will continue bearish, BTC Most likely to break $6000$ after this rally. next buy zone $4900/5200
If you want to scalp with low risk follow targets at the chart, market capitulation with bull div about to bounce to those values
Do not Long btc just wait for it to go up and place swing Short sell orders at 6686/6786, Do not scalp just accumulate short orders at this levels even if you have orders filled at 6686 and price keep going up to 6786 and you are red, just set more short orders and wait, this drop will be pretty fast, I was expecting btc to hit 4900/5200 by August but i changed my...
buying zone and targets at the chart
Eos is been holding well closing daily above $7 for several days in its accumulation zone, now we are about to see good bounce, short term targets $7.8/$8.7 but this coin has much more to give in mid and long term
Just and update of old falling wedge chart
falling wedge bullish div follow targets ont he chart
Many people are bearish about gold, Looking very bullish to me, it has very nice falling wedge with bullish divergence at 1 day chart, it also has small inverse head and shoulder inside the wedge that will confirm the breakout and beginning of next rally, i expect 8% gain in the next 65 to 80 days, and very possible formation of a cup and handle pattern, with...
falling wedge with bull div will start reversal of ada after such at big drop. stop at 0.00001690
Support at $7300 holding very well and its forming a huge bullish flag with target $8200/$8280 we still have little more than 2 days before breakout (about july 24th) so we can place Long orders, Instructions at the chart, Also many alt coins are in major accumulations periods at very important support zones that are been holding very well. this will be a good...
bullish pennant under formation, bottom $7250/7290 target $8046/$8200