Dtradess

Dtradess Updated 

Not financial advice Simple but efficient analysis. These are the supports and entries I'm waiting on. The weekly candle is likely going to confirm in a pretty bearish situation, but I think the lowest support line will be our savior. These supports combined with a inverse h&S make for a pretty bullish outlook. I think some people turning bearish are getting...

Dtradess Updated 

This is a pretty massive pennant/equilibrium. We have some time to let this get tighter but I wanted to get it out there for anyone not aware. I'll give more information on my expected price targets etc after the break upwards. If we dip below $99.79 we're most likely doing something other than this equilibrium.

Dtradess Updated 

Not financial advice Ethereum looks likes it's getting ready for another move up. Bitcoin on the other hand could be searching for a daily lower high in comparison to the mid 10,000's. Which would indicate more red to come. With this in mind I would caution you to keep an eye on BTC.

Dtradess Updated 

Get back above $10,400 and I'm feeling more comfortable as a bull but ultimately we need to get above the top of the head. A breach below $9,750 without going above the top of the head will confirm this pattern for me and indicates a longer correction. I don't doubt the bulls can break through that resistance but we are starting to see some weakness. Stay safe!

Dtradess

Not financial Advice. Big break going to take place sometime this year. It's possible we'll break this tightening range on this move up. I want to see it fly past $100 towards that previous $150 mark if that's the case. Otherwise, we would be looking for one more solid move down which would likely push this breakout closer to the Q3 or Q4 of this year. COINBASE:LTCUSD

Dtradess Updated 

This is not financial advice. All of the information I have to show is displayed on the chart. For some clarification to what I'm pointing my finger at - There is an odd coincidence between Peaks 1-2 and Peaks 3-4 that I raise an eyebrow too. They were both 32 weeks apart and had almost exactly half the % gain in comparison to each other. That's odd enough on its...

Dtradess Updated 

If BTC gets a correction short term XTZ will likely form a nice Inverse H&S pattern. A invalidation of this pattern would be breaking above the neckline without a significant retracement(subjective so be careful) or breaking the low of our 'head.' Not financial advice

Dtradess Updated 

If you look closely you can see we never confirm a daily candlestick on either side of this channel. I've personally been looking for the technical lines that are the most respected and this is what I've settled with. I'm mostly using this as a bullish trend-change indicator. Otherwise, we'll just keep going down regardless of breaking the bottom line since the...

Dtradess Updated 

It would make sense to be forming a large pennant pattern after the run Chainlink has had in 2019. I expect it to go for a re-test of the upper trendline if we see some bullish price action from Bitcoin. The 2 red resistance lines are the major resistances I'm watching on this move up. I would expect some bigger consolidation after touching one of them. There is...

Dtradess Updated 

This is not financial advice. If we can hang onto our low and break up and out of this falling wedge we could be looking at a potential Inverse H&S. I'm personally not betting big on this play yet, but if we start working our way back to the neckline I'll feel more confident in the possibility.

Dtradess Updated 

If we begin turning around while above our lows I expect to see a break of this channel towards $2.45-.60.

Dtradess

Looks like a clear H&S top to me. I'd be interested again if we can hold $1.48

Dtradess Updated 

Clean tightening range or equilibrium pattern. 3 major things can happen, 1. It'll continue to tighten the range and we'll just wait for it start breaking lines. 2. It'll begin breaking supports and we should watch for it to hold one of them on the way down, but we're in risky territory. The longer we don't hold above $1.40(which is where a large long term...

Dtradess Updated 

I'm new to Elliot Wave analysis so bare with me if you notice anything is incorrect, and take this idea with a grain of salt. I believe it's pretty spot on and you should watch to see how it plays out. Growing bull volume on the way up, and a break through $1.40 are strong signals for further upward movement. I'm not sure about the 3 wave correction yet, but I...

Dtradess Updated 

Anyone know how to re-post the same idea to multiple exchanges idea section? I'm new to Elliot Wave analysis so bare with me if you notice anything is incorrect, and take this idea with a grain of salt. I believe it's pretty spot on and you should watch to see how it plays out. Growing bull volume on the way up, and a break through $1.40 are strong signals for...

Dtradess Updated 

Info is on the chart. Keep in mind even if we confirm above $1.40 on the daily chart we could turn right around and dump tomorrow. So set a stop. Another case is we don't close above $1.40 and we still continue up. This is very possible since we did break out of a bullish pattern. I just feel a confirm above $1.40 almost seals the deal on further upside. Thanks...

Dtradess Updated 

Hello, thanks for checking out my idea! Most of the info is on the chart. We don't need a bear fake-out to fulfill this pattern, but as we've all noticed BTC likes to start with the opposite thing it's actually planning to do. With that in mind I think this analysis fits the picture we're looking at. I personally won't be trying to time the bottom of the right...

Dtradess Updated 

Hello! Thanks for checking out my idea. Keep in mind for these to occur we need to hold the bottom of the Heads support lines on both the small and large Inverse H&S . We should also see big spikes in volume from the breakout of the neckline. You have to watch for that. It's a key element for it to work. I feel like it's possible this all happens within a...