So as you can see, every time the Stoch RSI has reached the 100 oversold point on the daily, ETH swiftly began a declination. Although ETH did not reach the 100 it still was rejected on the 80, a key technical point, the oversold line, so I still firmly believe that this could lead to a breakdown from where it has lied for the past week or so. Also, instead of...
The chart speaks for itself. Make your own decisions.
Potential inverse head and shoulders forming on the 4hour and 1hour $BTC chart.
VEN is trying to make sideway move.
Scored High,, 1. Zoi -Zoin #297 2. Xto -Tao # 271 3. Nmr -Numeraire #238 All Low Alts, with High Volatility, Look for second pump alerts, High Gain, Manage Risk.
Happy Friday to Everyone! $BTCUSD finished its ABC correction just below the trend line. Looks like we are starting another 5 wave up move . Currently in wave 3 with wave 5 hitting the Sliding Parallel . Lets see where this goes over the next few hours .
Here are some updated waves for XLMUSD. We could bounce here after the ABC correction .
Its a bullflag, stop drawing H&S, and Elliot waves that are poorly done... Everyone saying "I'm ready to buy the next dip down"... no you weren't the sentiment on Wednesday ranged from scared shitless to super scared shitless, we all saw what was being said on here and around the internet/twitter. Might be time for a good solid look in the mirror for most traders...
Can't set accurate targets because manipulation seems clear in history, but large upside on this one. Broke out of accumulation in December and has been up trending. Buy small bag, set and forget.
Bounced from Fib support/falling wedge bottom, MACD/RSI turning UP, looking for confirmation outside the wedge. A 4h candle closing above wedge would suffice.
POWER recently showed a massive bull run on back of some solid product news and feature aspects. Technically, not enough data to present a conclusive trade, however, on hourly chart we can see 50% Fib being a support along with a possible double bottom, both can push the price upward towards new high. Can be bought at current levels with target at 0.000118 and...
trade it or don't elevated risk but t/a is t/a
As you can see on the graph, I am looking for a reversal in BTC after a new high. This type of reversal pattern works very well on big timeframes, especially when it has a divergence forming on MACD indicator. Based on the pattern, our target should be at least 5000, followed by a correction and then 4500/4000.