Leaning towards bearish short term. Let me know your opinions
This chart shows 3 variant apex points. HOW TO USE THIS CHART: A. Triangles 1, 2, and 3 can be used to identify potential support and resistance levels. B. Bolli's serve as good reference point to plot feasibility of intra, day or swing targets, up or down, within 1d ATR. Is your target within these ranges? Confirm logic before you 100x from price at the edge...
In a recent movement of LTC/BTC, I observed double truncation pattern and double apex pattern(To say 'Double' is may not be a good word in this situation, but is used for emphasize the pattern is repeated.). In the chart above, Apex pattern was shown after Truncation pattern, and now the LTC is moving towards the 'e' point on the second Apex. As showed in a...
As like as other altcoins, ETC is on a tough price trip. During in few months of declining, the price tried to rise in a while but it soon turn to downtrend again. In this confusion, I have assumed several scenarios for future trend of ETC. And today I suggest a scenario, 'Viewpoint in Apex pattern'. In this 'Viewpoint in Apex pattern' scenario, ETC is on a 'c'...
Here we have FX:GBPCHF we can see that the price has slumped recently, currently the price is forming a rising wedge to confirm bearish continuation.
I think that VEN is currently correcting and squeezing into a key apex which it will break out of. The first impulse wave up appears to be already completed and following a 1-1 extension VEN has the potential for a 40% gain. The blue box represents an early accumulation zone at the 618 fib retracement level, however I would suggest buying in on confirmation of an...
ICX is in a bullish ascending triangle with an imminent breakout near the apex. Target is 0.0011-0.0013 BTC.
As we can see on the chart above ETCBTC is trading within the trading year at 2 year lows. The rapid price increase in BTCUSD has pushed this pair down significantly. We expect ETC growth to outperform BTC growth in the first two quarters of 2018 and recover BTC value.
Mid range my bias toward price of gold is uptrend because confirmation on 12/12/2016 confirm the down trend is over. Now gold is developing triangle or Apex between range @50% fibo ( swing trade setup)
After a nice bearish rising wedge and some consolidation. I'm looking for the next drop around 1.10000
We are in a crossroads between major trendlines here. This forms a triangle pattern on which you can apply fib-time lines to predict a breakout (0.764 fib-time). I added some interesting levels and other trend lines aswell. How to trade it: Depending on what side of the triangle (bottom / top) the price is closer to while approaching the 0.764 fib-time, you can...