Could be bullish
We could have bullish or bearish break of this penant
bullish break and we have or eyes on another test of $19800-$19900
or a bearish break and we enter a flat bottom triangle
this could break either way though, up to market controls
the white line is a diagonal SR from recent dip, will be highlighted on higher TF analysis
Bitcoin has correction after finally meeting at the top. it is important we close above previous monthly closes.
Bitcoin we will see a decline to $14000 where we should find solid buy pressure and good support
It is not quite catching all the moves but these seem to line up with the medium to big ones. I was just trying to have a look at some mid/long term price targets, and I will be aiming to add to my position in between the $8.5-$9 area. Not quite sure about the upside but I think chainlink is very undervalued so I would not be surprised if it goes to anywhere...
RT region tested and rejected last night through Asia session, has come back up to retest and has hit a liquidity pool, potentially a fake downward move and now we'll see the real move, lets see for some more reaction.
Ethereum is fighting to stary above the channel resistance and is now forming a tight and steep downward sloping triangle. If Ethereum stays in this pattern then I expect ETH to test $400 or even as low as $293.
exciting times ahead for bitcoin But we will have to see how this plays out. In the next few years I have a high certainty we will see some serious gains.we have basically only just crossed the zero line on the monthly momentum squeeze indicator. you could argue 14k was the pump But personally I don’t think she’s finished
Thus therefore the same must apply with Litecoin, don’t go buying on this noob’s TA; pure hyperbole and fantasy but it does indicate to me that the trend is upwards as LTC shadows bitcoin with a sneaky halving shortly make this an interesting presumption
Hi Traders, Hope you are all well. This is My current view of XRP/USD
- I belive we have Made a clear impulse to the upside from $0.25 - $0.80
- Followed by an ABC Corrective Wave and we are ready for upside (I also follow the fundamentals and partnerships of Ripple the company and their actual product is now live XRAPID)
- Also we are now on the way to...
The point of the vertical white line is the 1.618 price and time zone of the next wave. If this is another corrective wave we can expect that area to be the top. If this is an impulse (subwaves of a larger wave 1) then we will still have a pull back (subwave 4) before going past the potential 'C' point. I'm afraid that until this 7900 region is tested it's quite...
Minor error. Just Discovered reverse Williams Fractal was not so because one of the arrows had been concealed behind one of the yellow triangles marking times when I had published a post. I have therefore removed the second blue coloured Fractal pattern, including the finger that was pointing upwards and the question mark. Market is seeing both Fib support and...