1st post. Definitely most pulling some super n00b TA and pretending like i know what im doing. anyway. it seems that on the 19th BTC will break out of the current sideway movement of $8200-$8500, most likely due to positive news from the G20 summit. Reistance will be at $9600, and possible sell off dropping it back down to current price. However, by the end...
There is a bullish wedge being formed and if resistance broken could show bullish behaviour however there is a strong resistance above it so it remains in a bearish channel.
Hi there, First of all, i'm not experienced. I'm a newbie when it comes to TA so feedback is welcome and appreciated. While researching the inverted H&S pattern i've read that volume increase is important on the advance of the right shoulder, since we're not seeing this i'm kinda worried this might be a false breakout. So lets hope we see some volume in the...
$WAVES 4H chart is completing its inverse head and shoulders with its strong support line around 0.0006600 that has held for some days now still intact, which might lead to a short-term bounce to the upside.
A Head and Shoulder pattern is coming into full play on the $WAVES 1H chart with the last Shoulder remaining, if this happens, there is one more chance to get in for a short ride and leave before the downtrend. If you are already in a position you should be looking to lock in your profits as the formation comes to to an end.
Hi TV. I have been terrible at trading for a long time. like months. My first few trades were > 10% of my net value. lol. Thanks to all of you, especially MagicPoopCannon, for teaching what you know. I've been at this for a few months, I feel like I'm finally starting to grasp the fundamentals. I'm a fan of harmonic, positional setups, but this is my first real...
Regular Bullish Divergence on the 1H chart, with the support line around 0.0031000 still holding strong which will trigger a probable bounce if the the Divergence was to play out.
$ADX Strong support line around 0.00014000 still holding holding strong with price only able to dip a little below it before bouncing off it. As we enter another Alt Season this will be a good place to start accumulating.
$ADX Strong support line around 0.00014000 still holding holding strong with price only able to dip a little below it before bouncing off it. As we enter another Alt Season this will be a good place to start accumulating.
I'm still new to EW. Could this count be correct? I've counted a 5 wave + ABC structure on W1.
$LSK still Ranging in a Bullish Rectangle and might see a strong bull run if it breaks the rectangle.
$SYS 4H Restesting Strong Resistance line, might reject it for now and break in the coming days due to Binance listing announcement.
$XLM running in an Ascending Triangle, likely to dip back into the Bullish rectangle before making another Bull run.
$VEN 4H Descending Triangle, probable breakout to a strong uptrend.
Zoomed in and redrew some parts out fully that I'd omitted initially.
Complete noob at this, learning loads from everyone else, This seemed to make sense in a downtrend, we need something powerful to get over the classic support lines going back to 3k in October, I added momentum. I couldn't make any straight lines and the Ellipse fit like a glove, plus it timed against classic support Times using fib time zone