gangsatoshi

gangsatoshi

After a downtrend bounded by a steep resistance line, the bearish evolution of this week has not yet had any correction from the bulls. The 4 hour candle shows a bullish divergence and several patterns with target near USD 45k can be supported. I expect this target to be met within the next few days.

gangsatoshi

Nothing is easier than tracing back patterns that we "should" have seen, because one can always make a case for either bullish or bearish patterns; patterns are not the driving force of a market but just a measure for its momentum and sentiment. Additionally, the news around Elon Musk and China could not have been foreseen in the first place. That being said, a...

gangsatoshi Updated 

Following a hidden bearish divergence and a head and shoulders formation in the UNIBTC chart, the next target price could be 0.00045 BTC . This also corresponds with a previous key support. The UNIUSD chart shows an ascending wedge which might break out to the downside at any time, with target price at 15 USD.

gangsatoshi

Failed bullish breakout of a symmetrical triangle for ADA on the 4 hour candle. With bears stepping in ADA. Target USD 0.25

gangsatoshi

Hi all, hope everyone is doing well these days. A possible bearish divergence could be playing out on the 4h candle of ETH vs. USD, which could potentially bring ETH below USD 1000 again. Please let me know what you guys think in the comments. Cheers

gangsatoshi Updated 

Possible bearish divergence pattern on the one hour candle for the next two-three days

gangsatoshi Updated 

Long signal for bitcoin as it juste broke through a descending channel with price target at $35k next resistance

gangsatoshi

Possible breakout to the downside for the next two days due to bearish divergence

gangsatoshi

Bears have strongly been reaffirming their position during the last week, raising many points (e.g. diamond reversal pattern) favoring the reversal of the current well established trend line that has been going on since march (blue line). The BTC has been bullish since then; although a few unsuccessful breakouts (first red trendlines), the BTC has kept increasing...