lyl89

lyl89 Updated 

A bearish bat pattern seems to be forming, RSI is halfway to overbought level. PRZ is at a good resistance zone. R:R at 1.6 (TP1) and 2.7 (TP2). Good luck.

lyl89 Updated 

A potential bullish butterfly pattern is completing with a completed head&shoulders pattern reacting. Nice R:R at 2.2 (TP1) and 3.8 (TP2). Good luck.

lyl89 Updated 

A bullish Gartley pattern has completed with RSI at the oversold level and price in PRZ. Traders can enter now or wait for a better entry price within PRZ to long. R:R at 1.2 (TP1) and 2 (TP2). DO exercise risk management as SL is quite deep. Good luck.

lyl89 Updated 

A potential bearish butterfly pattern is completing, RSI is about to reach the overbought level as well. R:R at 2 (TP1) and 3.5 (TP2). Good luck.

lyl89 Updated 

KyberNetwork, a trustless decentralized exchange and payment service. You guys can go read more on the white paper. There isn't much updates on Kyber at the moment to cause such a rally in price in a few days. I believe there may be a correction along the way, so I'm waiting to enter at a better price if possible. I have indicated a few areas to enter for you...

lyl89 Updated 

Merry Christmas everyone! Hope you guys are having fun =) Looking forward to Quantum's upcoming projects and collaborations. You notice the diagonal lines of the Gann Fan act as support and resistance. Combining with fib retracement, the price is currently supported at 23.6% retracement. It is a little pricey if we are looking at the current dollar value of...

lyl89

Based on fibs, Bitcoin seems to be supported at 50% fib retracement. Price did touch the bottom of the channel once. A harmonic bullish bat pattern is seen to be completed and reacted once, might be in for a retest. RSI is increasing although price has dip back to support area multiple times. People have been rushing to Bitcoin cash since Coinbase is offering...

lyl89

A bearish gartley pattern seems to be completing soon, RSI is about to reach overbought level as well. PRZ is at a good resistance zone. R:R at 1.3 (TP1) and 2.1 (TP2). Good luck.

lyl89

I see a bearish shark pattern completing, probably in a few days time. Shark patterns always have good R:R, R:R at 3.3 for this pattern. RSI is also about to hit overbought level. PRZ is at a good daily resistance zone as well. Trade with caution. Good luck.

lyl89 Updated 

Price is pretty much ranging at the moment, where is it heading next??? I have spotted 2 bullish flag patterns. First one reacted, second one has broke out, not sure of how much higher it will go. If it breaks out from the current price, we are definitely going to experience another all time high. OR Will it be a rising wedge pattern instead? Bitcoin price rose...

lyl89 Updated 

Still learning more on cryptocurrencies, trying to see if technical analysis do work on them. After the recent spike for Cardano, I am looking to buy on dips or a breakout. Using fibs, you can see that the 78.6% and 61.8% levels are somehow respected. I have heard and read abit on Cardano, it seems like a good buy. Hence I am looking to buy at the 78.6%. If it...

lyl89

A potential bearish shark pattern seems to be forming. PRZ is at a good resistance zone. R:R at 3.7 Trade with caution guys, FOMC statement and interest rate results in 2 days. Good luck.

lyl89

A potential bearish bat pattern seems to be forming. I foresee USD will strengthen, FOMC statement and interest rate results will be released in 2 days. - It might still be a good time to long to PRZ, still about 80 pips to reach. - R:R at 1.7 - If price breaks beyond PRZ, bat pattern will be invalid and I will be looking to long USDJPY. Trade with caution. Good luck.

lyl89

A potential bearish bat pattern seems to be forming. PRZ is close to resistance level, SL is placed slightly above resistance. R:R at 1.1 (TP1) and 2 (TP2). Please note that the NFP results is on Friday, do trade with caution. Good luck.

lyl89 Updated 

A potential bearish shark pattern might form next week. R:R at 1.8 (TP1) and 3.2 (TP2). Good luck.

lyl89

Just in time for this bullish bat pattern. R:R at 1.2 (TP1) and 2.1 (TP2). Good luck.

lyl89 Updated 

A potential bearish bat pattern is forming. As you can see, PRZ is at a good resistance level on H4 chart. R:R at 1.5 (TP1) and 2.6(TP2). Good luck.

lyl89

The flag pattern is fairly simple with just three components. 1. The flagpole 2.The flag A strong up trend Ideally, we want to see a retracement of 38.2% or less for trend continuation. To trade the flag, you can time an entry at the lower end of the price channel or wait for a break up above the upper channel. Look to take profits by projecting the length...