When we look on a larger time-frame, foremost 1D, we can see more and more evidence that BTC moves with a channel, respecting the FIBO retracements. Also on a global scale we can see a reverses head and shoulder formation, that could lead to a short and rather rapid price explosion towards the uptrend.
the RSI 13 illustrates that BTC returned from overbought to a...
LUNC is currently trading between the 88.6% and 1.13% Range of the Pattern Completion Zone and is also at a 50% Retrace from High to Low. At the sametime the MACD and RSI are Bearishly Diverging but what i'm paying the most attention to here is the RSI Trendline that seems to be forming some kind of Bearish Dragon which if it breaks will most likely be the start...
Looking over the last ten years in NDX, we've got a bullish seasonality from now on until the 27th of July. This seems to match with our recently touched 50 % fib retracement. A bullish rebound appears to be very likely now.
We have a 3 white soldiers pattern that has been retraced 50 percent of the way, if we see a reversal here then i expect another big wave up.
This is a continuation trade that can lead to a much bigger move up later on, checkout the related idea for the bigger bullish target.
EURCAD (Pin Bar, EMA 10 EMA 20, Trend Line, 50% Fibonacci Retracement Level, Horizontal Support Resistance Level)
Horizontal Support and Resistance Level 1.47674
Fibonacci 50% Retracement 1.47932
I think XRP has had enough upside from here and will reverse between the 50% and 61.8% retraces.
A few days ago i was Bullish on XRP at the bottom of a descending broadening channel but we have since reached the top of this channel and are now showing signs of 4 hour hidden bearish divergence on the RSI.
If this continues and we see a reversal from here then i'll...
VeChain has reverted to the means and stalling at current prices, which are also at the 50% retrace of this entire bear leg from the 20-FEB high.
Clear chance we could see another leg down from here unless we rally back to above 0.052.
We could also see more trading range price action (sideways) before VET decides to resume its rally or give more discounts...
Hi there,
I tried to show my charts on a larger scale but it's so terribly parabolic we'd rather retrace now. Here's where I think we are.
Our plan is still working perfectly and everything's moving faster than ever: we've got our yellow wave 4 done yesterday/last night, and we're now busy pumping wave 5 of yellow 5's pink subcycle (main target: $43,741). With...
I'm really proud of my trade and position on NYSE:CMI not just for the profit but the beauty of clear price structure which I wanted to share. This is clearly a BULLISH stock on a run but within it are some positive teachable moments. Multiple times it has held CLEAR price high/log inflections along with 50% retracement levels.
Trades like this are why I love...
