the Wedge target has been reached but it seems that it does not want to stop, in counter trend with yesterday's decline in the entire crypto sector, very significant! pay attention also to LUNA, with target on 115 and 130
if today MANA closes with a hammer I will increase my position, if it confirms the right shoulder and then the main figure, the target is 4.9, it means + 90% with an impressive RR of 15 perhaps only FTT has similar potential (among the most capitalized)
The triangle was completed on March 28, but with a gap and low volumes, on news from Russia However, the figure is complete, if today's candle closes above the Trigger Point of the symmetrical triangle (45455) we can speak of a retest. If prices close below, it could be a problem because today is Friday, it would be the lowest close of the week, it should...
the failed head and shoulders target was met, and an 11-month trendline was also broken now is the time for a bearish continuation flag ??
the first target has been reached, is now an inverted continuation head and shoulders ??
if the flag were confirmed it would be a bounce on the right shoulder maximum, failed H&S that has already reached more than 50% of the target, if so the new target could lead to the top of the rectangle, the main figure
Mayor Pattern: Weekly Broadening with False/Premature Breakout Daily Pattern: continuation Flag, if confirmed first target could be the lower band of Broadening
the market cap has reached 50% of the target of the symmetrical triangle, driven almost only by altcoins now there may be a pause, many altcoins have reached their targets while Bitcoin confirmed the bearish flag on the Dominance and the target is 42% -41.80%, almost reached could there now be a reversal of dominance? will the altcoins stop and Bitcoin bounce...
The Ascending Triangle is not confirmed, its evolving in Flag or Rectangle?
there are clearer graphs, but we certainly can't avoid talking about gold if the weekly candle closed with a Hammer (and Friday close was the highest of the week) it wouldn't be a bad idea to buy between 1915 and 1875 gold is currently in the buying zone, bouncing perfectly on a massive monthly H&S, these figures do not have an exact point of entry, I believe...
Same thing of AXS, and similar to GALA A closure above 100 will confirm not only the Rectangle Daily but also the Head & Shoulders Weekly with target 120 and 140
The main figure's target, the monthly rectangle, was 80% completed. Now there seems to be a sufficient Bullish Reversal Pattern, completed yesterday, a Head and Shoulders with final target at 2300.
ETH confirmed yesterday the break of the triangle, the target is 4100 and 4900
what I am wondering is how a breakout with falling volumes is possible, both Spot and Futures. Isn't it possible that it's just enthusiasm for the news of POSSIBLE Bitcoin regularization in Russia ?? Are we facing a real breakout or should we expect a new test and a continuation pattern? Or are we even seeing a fake breakout ??
ETHBTC, IF it closes today in this way, would confirm a bullish continuation pennant, but not only.. ..the dominance of BTC, IF it closes like this tonight, could show a sign of reduction, with the confirmation of a bearish flag and the dominance of ETH instead would complete an Ascending Triangle
after the bullish confirmation of the March 3 broadening, a congestion zone is forming, a possible bullish triangle? or failed bullish triangle? trigger points are bullish 99.36 and bearish 97.72 the movement of the dollar is important to identify if other markets are genuinely moving or rising or falling because the counterparty (USD) strengthens or weakens temporarily