We have good consolidation. Now we need a good looking picture. The sign for regular traders. Close above 3328 will trigger us. You can see targets on the screen.
Chart is self explanatory.
Huge shadow upward looks like some one build solid short position + on Poloniex you can see solid shadow downward. There is difference how these 2 shadows was build. The upward move was made step by step and had a little consolidation above 3200. The downward move was rapid (1 order fast drop) and only on Poloniex. By technical analysis you can see...
Looks like EUR breaking its downtrend. Expecting to see EUR consolidating between 1.137-1.15. Confirmed breakout= weekly close above 30EMA + above 1.15. The week after that should also close above 1.15.
We are bullish on a highest time frames. But on 4h we have bearish rejection after crushing mid term ATH around 4400. So now we have typical correction. As we are bullish on a daily chart I can suppose to open trend continuation trade. 3650 Level looks good as a reversal point. You can see that we are starting to Make higher lows + higher high on oscillators (...
Picture what I am looking for. We may break our low (3210$) when will test the bottom.
Chart is self explanatory. Expecting to see some actions by the end of the week. Problem is low liquidity (0.5 BTC max)
Chart is self explanatory. My last 2 trades was closed with little losses, So if this one works we are good.
I think we just loaded enough longs for future growth. This drop was expected. Typical situation when the instrument consolidates in some area and drops just before the growth to push people who are doubting or entered position in a wrong time to close their positions and quit this trade. There is no actual pattern which will push us higher. But this area...
Chart is self explanatory. H&S and butterfly on MACD