I have been following ETH price movements for months, now, however, I am more actively trading and while I have only been active and published on trading view for nearly two weeks, I am very confident in this trade. Part of that confidence is from TA, some is from experience in the industry and the other bits are pure speculation and hopefully a little luck. One...
it seems we have a head and shoulder pattern in BNBBTC Market
Currently a hidden bull div on the daily for TRX, looking for it to bounce here and do a retrace of its move. Taking profits and setting stop losses at the resistance levels as we come up. Stop loss on support breaks.
We've now begun tracing the entire right side of the structure we've been building since the beginning of July. BTC rejected the 6800 and the 6400 level which has thrown us back down to the 6200 level. At this point we are hoping for a reversal as it double bottoms - but there is a possibility of dropping back down to 5800 again before we make a run at it. I'm...
BTC continues to trace what appears to be an H&S pattern. We are currently working on the right side of the pattern which means we will likely see a push to the 6600's before a drop to the 6300's where we should bounce back up through 6400 and 6800 in a more convincing manner. The right side hasn't completed yet so this is still unconfirmed. What we can say is...
Resistance continues to keep BTC below 6400. We hit a high around 6300 before moving back to the current range We should hit 6400 today and retest that price again. Whether we break through it or not is debatable. What we do know is there are a number of levels of resistance the whole way up. We have to watch carefully as we pass through 6400. If the market...
Hi Guys. Here we have BITFINEX:ETHUSD it recently touch our 38.2 fibo from our initial downside move and now we can expect some further weakness to the fibo 38.2 and previous accumulation zone of the last impulse up.
- Leveraged longs at all time high as suggested by the BFX long vs short indicator. - Price is below 50 and 200 MA, possible death cross. - Volume continuously decreasing - Time indicator would suggest either: (a) the 1-4 day correction is over and we fall now, or (b) we see a continued rally to a green 8 or 9 followed by a red 1. (this would be an ideal trap...
BTC has been in a range now for about a week which has been a great time to trade Alts as there is always a big increase in volume when this happens and you can set stop losses knowing that if your stop loss gets hit you won't fall back into a currency that is on the tumble. BTC is starting to approach the 8,300 resistance level again with strong support from...
Possible head and shoulders pattern that says we will go down(
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.
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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 .