hello guys... usoil or WTI makes a crown pattern. and the target of this pattern is as height as the main pattern so in this scenario usoil should reach the $66 area. to the clear crown pattern: kind of looks opposite of the head and shoulders pattern. on the hand, the $66 have been important before clearly, you can see this resistance level before and...
With price expected to reverse off the stochastic indicator, we have a bearish bias that price will drop to our take profit at 12.75 in line with the 100% Fibonacci projection and pullback support from our entry of 12.89 in line with the 127.2% Fibonacci extension . Alternatively, price may break entry structure and head for our stop loss where the 161.8%...
With price expected to reverse off the stochastic indicator, we have a bearish bias that price will drop to our take profit at 12.75 in line with the 100% Fibonacci projection and pullback support from our entry of 12.89 in line with the 127.2% Fibonacci extension. Alternatively, price may break entry structure and head for our stop loss where the 161.8% Fibonacci...
Monthly uptrend From 2009 Weekly Uptrend with divergency by RSI D aily I will open only from 140 SL 129 TP 170 RR 2.2
The weekly stochastic is turning up after coming into contact with a trend line from Oct 2018. There is also bullish divergence present. Is this a real reversal or just a bump on the way down?
GBPCAD is bouncing off at a major weekly support level. The Daily Time Frame has formed a Bullish Crown Formation, with the right tip equaling the left tip to the exact level, if the day today closes with a green Bar and a healthy Volume it can be a good entry point to ride it up to the next support to become future resistance on the daily ( see marked green...
Cac has broken down from the crown formation back in the October, but the 4900 level were holding up as support. However, things finally started to crack and the prices are breaking down from that level. I think it is inevitable that the Cac is going to challenge the 4600 consolidation area. That range contains a good half year of price action, which should...
NFLX @ Prediction , Crown (Bullish) Pattern?
Today Crown has found the low at $0.2, which is very close to the all-time low, not to mention it is very close to $0 value. There is not much more room to go lower and investors might start seeking a long term buying opportunity near the current price. At yesterday's low, CRW has rejected the 161.8% Fibonacci retracement level applied to the corrective wave up...
We have a lot of quiet periods with this coin using the strategy described below. However... 36% profit just under 3 months. Max drawdown of: 0.18% !!! (You have to appreciate my minimal max drawdowns :) ? ), 5.14% average pnl per trade. Strategy Refer to related ideas for detail into strategy, which works well with only high volume/volatile coins....
Today Crown has formed the bottom at 8365 satoshis, prior to which price broke above the descending channel. Nonetheless, it failed to break above the 8/1 Gann Fan trendline which formed the resistance at 12700 satoshis high. The interesting point is that RSI has already formed a bullish divergence and at the same time broke the downtrend trendline, which could...
Crown currently back to the mean trend line. If it holds and bitcoin continues to rise I expect to see a rise within the next month. The green circles are my price targets, solid horizontal lines are my perceived resistance points going up and the broken lines are resistance points going down. Let's see how it plays out :)
Trying to figure out of BCH is going to kill the King. Bottom line... it's pretty hard to tell. They are both trying to target the 200 MA, BCH probably having a slightly higher chance of doing so. Coupled with the fact that BTC (and all mining really) is not nearly as profitable as it once was, more miners may start switching. Honestly, right now it hasn't...
After what seems to be a fomo bubble with capitulation, Crown is returning to the mean. Resistance with volatility is to be expected with a breakout. Share your charts at forum.crown.tech
Some well needed speculation on Crown and where the price could be over the next month or so. Crown showing some upside potential as it rides along with BTC. Crown is a relatively small marketcaped well developed token, expect volatility (Up or Down).
813% OPPORTUNITY, LONG
CROWN just broke major resistance line, and moving to next.