IF Chainlink does not claim 13$ again soon we may be putting in a bearish retest of a BARR TOP (Bump & Run TOP) Pattern. The pattern is explained below and there are some obvious key area to watch on the LINK/USDT Chart. Note the below image of Bitcoins run to 20000 as a comparison of a successful BARR TOP. The Bump And Run Reversal Top (BARR Top): • Follows...
Check out my full post at: www.derzzycharts.com Everyone makes mistakes, and I just made one with LINK. Sometimes you step away from your process on a feeling and then you quickly remember why you have a process. Candlestick patterns are not my strong suit. I really don’t utilize them that much and they are an area that I could definitely study more. I don’t...
Those interested in harmonics and chart patterns must play with LINK-USDT as this volatility has been a treat for the harmonic traders and those interested in research on Harmonic and Chart patterns using Fibonacci levels. Each of the pattern drawn on chart will have to be carefully analysed using Fib retracement and Fib extension based on type of the pattern such...
This is a strategy that is very simple. We know MACD signal line over zero line indicates bullish o longing area. Below zero line is bearish o shorting area. In this chart i show example of entries and exits with very good results: - At the time when signal line crosses over 0, we enter long position. We are going to exit when MACD crosses below signal. We...