Hey!! I am trying EW with support of other Indicators and It's gonna work nicely IMO. Let's go!
Meanwhile BTC pair is here :
targets in sats : 8135 - 8543 - 9397 - 9937
Invalidation : 7380. With absolute SL at fib .618 mark
Another highly bearish figure is a: Descending Triangle.
In this case the triangle has been invalidated on the upper TL Orange.
To confirm this movement we should expect a retest on a triangle.
A series of patterns highlighted in the view:
-.1 Ascending Triangle in Green (if the price follows the Green trend line)
-.2 Falling Wedge in Blue (if the price follows the upper Blue trend line)
-.3 Great falling Wedge in Red (if the price follows the Red pattern)
A validation of the Ascending Triangle (Green) would have a bullish predisposition in the short...
I don't know where the hell i've been, but seeing ATOM claiming it's position at 16th on Coinmarketcap is a jaw drop for me. How come something so new like this, acquiring big market capital. You can learn more about the project on their website.
Judging from the chart perspective, I love the mid-term double bottom pattern, which indicate, it will be more upside...
Welcome back!
When coin get added to exchanges sometimes they go very parabolic.
Atom is one that seems to be setting up for a very nice return!
Taking a look at the 4 hour TF its clear we are consolidating inside a symmetrical triangle.
Symmetrical Triangles are a indescision move where it's 50-50 bull and bear.
Considering current market conditions I have a...
ATOM has been basing near this support zone for a few days now and looks like it might attempt another break of resistance
If successful, it could lead to a very quick move as we saw last time of over +40%
Breaking down from here could lead to a retest of the local bottom
Pattern: Triangle on 1D.
Signal: Bullish if the Triangle Lower High breaks (i.e. a Higher High is made) or if one Support is tested.
Target: 5.8450 (the 1D Resistance).
Are you ready again for a other call ? in 2 days more than 100 % profit, I give you the right call just before a big pump , please check my other previous analyse.
So, what we see there ... new crypto on Kraken. So young, exactly we have only one interesting price on x-lines indicator. Seller do first money on none proffesional buyers. Price will go down and stop only we find better price for big volue purcheses. Like you can see there is some volume in the past after wich price still go down so it was sellers.
Strong short...
