I think I would take definitely the sell if it gives me the retest and show me bearish candlesticks. There's an M pattern that in theory is developing. In case it doesn't retest and go bearish from this point, I could have a bullish opportunity because of the bat pattern. So we have different scenarios:
1. If it gives the retest at 1.50236, we can take a bearish...
As we witness Mar 2020 BTC had Bull run got stop out after like 392Days started Bearish run which took almost 70 Days, there after it went on for 140 Days as Bull run. since then, we are having a bearish for 196Days.
About the H&S is bit subjective but at the same time we have M patten which is coming as corrective mode.
Hello everyone!
Just as I mention in the video, in summary and in case you don't want to see a 6-minute-video, I think the market is going to be bearish at the moment because of the resistance found. To enter the market more confident on a short position, I recommend you to wait for more bearish candlesticks as I mentioned at the end of the video.
Remember,...
Theres a double top spotted on the market. The completion has ended and there's a retracement inside the the pattern in which coincides a resistance that has been acting as a support/resistance. Our target will be 126.100. Possibly it will take some days to get to our target, but I think it'll go. Also take in consideration that it could bounce at 127.00.
Do you...
As we can see, nzd was just driven to the last high by the opening of the NY session, there I think we see only the third hit to the high to end the cycle and initiate the mid-week revesal.
Very good risk reward ratio for swing traders (until the end of the week), but also for the rest of the day until market close.
100 pips are possible.
Please do not be...
#avax #avaxusd #avalanche #altcoins
My current sentiment and some technical analysis for you on AVAX.
Sorry about the view. I forgot to transition and just didn't feel like doing the video over again.
- Stew
Hello,
When looking at the BTC charts I can see this as a longterm outcome.. This means my ultimate bottom lies around 19k-20k.
I hope we will not reach that, I would much more appreciate it if the maximum bottom would be around 25-30k for a quick reversal, however looking at how the curve is going all these years.. how we are now under it and how other lines...
It is a very Unique Pattern Formation on BTC this year... But I always like to think against the consensus.
Take a look at volume for a while, can you see any sign of power in this last Dump ?
Looks like there are just a few traders Selling, maybe the ones that bought in last Pump.
So I am all my eyes in This Support now.
As I understand this speculation...
THIS IS SCENARIO 2/2
If ethereum completes a double-top/M pattern, it will probably fall below the 2k range.
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If you enjoyed this post and agree with me, a like and a sub would...
So we are in bear market since nov but we are hard headed. Atom is presenting a great opportunity as it is a great blockchain project and most loved as well.
Entry Zones: 6, 10, 14
We trade only price action and smart money and for us since Nov we are pushing this idea to our channels. Thought to share it with the community.
1. These two orderblocks are in play right now.
The green one which is tested in July-Aug this will give the trend a signal to continue downward to grab liquidity from the untested block/blocks below which is at...
Through Chartism we see that BTC is forming heavy reversal structure.
Rising wedge
M pattern
Bearish divergence
Short from 63.5K
SL 69.3K
TP1: 45-46K
TP2: 41-42K
TP2 32 - 35K
Notice the BTC orange line is almost exactly the same as US10 yr rates, so rates up BTC & stock markets up rates down BTC & stock markets down.. recently dumping rates 1.34% needs to hold or things in the stock market & crypto markets could get ugly.
sell below 776, and tgt is 766, sl 783
it forms a double top pattern NSE:APLLTD
plz do your own analysis before taking trade, this is for education purpose
