TRX is above a critical resistance and confirmed it as support. Trade setup Idea for TRX including moon shot to fib retracement. Where TRX is right now, it's easy to strategise a stoploss. 4 profit targets
AXS long position, good risk to reward. Measured move pretty much coincides with fib retracement. Bearish divergence on the 4 hour. Can easily strategise a stop loss
Historical highs and lows are taken with their percentage gain and with that data I've found reoccurring patterns. With that, I've drawn a chart where bitcoin might get to, if this analysis is correct, bitcoin will break out to $80k and then come back down to a much lower level. This is partly fun, well mostly fun, I'm not too sure if this is coincidence based, or...
Historical highs and lows are taken with their percentage gain and with that data I've found reoccurring patterns. With that, I've drawn a chart where bitcoin might get to, if this analysis is correct, bitcoin will break out to $80k and then come back down to a much lower level. This is partly fun, well mostly fun, I'm not too sure if this is coincidence based, or...
NKN looks to be inside a long term sustained downtrend but has bottomed out potentially. I'd be watching for a break of this structure either way. My opinion is a bullish break is more probable. We see an up trend starting but it's a matter of if the bulls can keep it up.
We are approaching the end of this bearish 'looking' triangle (I say 'looking' because there is no certainty!). It looks to be a break to the downside as the bullish indicators have still not shown in full, just check out the trading volume for 1. The question is can we go lower than the all time low? And if so, what are we in for? Let's see and wait what happens!
Ethereum has continued in its downward channel, we had a nice bounce off the top of the channel at 128 and then we saw the price drop down and not push through the downward sloping resistance line. We are now currently in a symmetrical triangle that is looking like it will break to the downside. If it does drop to the downside, there is a big possible profit ratio...
We had an old triangle formation (4hr/1d chart) forming but was broken about a week ago. The last rally we have seen to the upside has given us a hint of the real triangle pattern that in my opinion will end with a push to the downside. This is only an idea, not investment or trading advice.
What do you guys think?
*The purple line is the absolute best case...
