Based on "PRZ" (potential reversal zones) created by the retracement lines from different highs and lows.
Bearish Gartley 2 4H candles 10% TL
Still not valid, we need to confirm it reach the different points and confirm with other indicators.
It is extremely rare to find a pattern with precise and perfect proportions, therefore, we need to handle a certain degree of tolerance (delta). Notice that if you draw with precision the pattern by zooming in, write down the measurements, then delete it and do it again, it’s really difficult to get the exact same results to the 0.001 decimals On this particular...
— Bitcoin price movement hypothesis — Two bullish divergences, one on MACD and another on RSI announce a potential imminent pump on Bitcoin. Those signals need to be validated by an important green candle crossing the EMA20. We can also find a bearish Gartley which will be validated by reaching the 4740$ price. Notice that there is a last high point resistance...
Bullish MACD divergence and actually on the cheap area of a bullish channel. To enter with a lower risk we need the price to cross the EMA20 with a decent green candle. We could also enter now, but assuming the risks as the bullish divergence is not confirmed until that EMA20 cross happen.
I’ve been studying Cypher patterns this morning and came up with a first case (still to be validated) on Quarkchain. Price need to go up to 1068 sats without breaking 1078 sats (there is a historical resistance at that point), then retrace down to 940 - 910 sats to pump up again. Stop between 885 and 860 sats. Targets at +10% with a risk / reward ratio of 2. The...
By the look of it we may have a H&S "by the book". It would confirm by crossing the neck line, usually followed by a small correction then dumping as low the distance from the neck line to the highest point.
We are on a strong upwards trend testing the upper resistance of a larger down trend. We are getting near the 15th November, date of the announced fork. Some days before traders are going to short it... therefor I draw a "short risk zone" with the upper resistances.
Double bullish divergence. Price inside the working area, almost on the "cheap price" of the square. We need to observe if we break the EMA20 with a large candle, that would be our "buy signal". The largest the candle the important the reverse in trend.
This is a price hypothesis for BAT/BTC based on Elliot Waves, Fibonacci Ret (0.5 on Ret 90 at 1 day chart) and exponential moving averages. The EMA 20 would act as a trigger for the 5th wave crossing the 0.5 Fibonacci (the middle line on the purple rectangle). So, now we should load BAT on it’s way towards the EMA 20 and sell on top of the working area (purple...
Loom en tendance haussière, dans cette idée on irait chercher une entrée sur le 0.5 fibonacci
Accumulation during potential correction, stop and targets.
Cycles breaking leading to a dump followed by a pump. When cycles goes down and EMA10 touch the candles a strong increase in price would validate this hypothesis.