This is clear what is happening to me. Repeated scalpings, increased popularity, big volumes, higher adoption, massive outflows, whales selling, this is going to be 100s or even 1000s per Coin certainly. We will see it trade right for a few more days silently, till maybe the 31st when bills are really piling up and the 1st requires everyone's money to be tied up....
Bouncing off descending triangle support. If it breaks downward maybe we test 30k support again? Could it surge if it breaks above triangle and aim for a higher level and find a new support. Heavy resistance at approx. 42k. If we break upward past 42k could find another support on the uptrend. Definitely feels like the bottom is in around approx. 30k support. Not...
My friends are all retweeting Elon. For their sake, please don't say the word!! TVC:VIX
ZRX is within a upward W-X-Y pattern (at least) which waves W and X were completed but Y hasn't been started yet. So after completing the correction now it's within it, wave Y will be started. But please care that I think with high probability the correction will be longer than it shows. Thus every upward movement shouldn't be considered as a uptrend.
Due to latest analysis, it made a upward movement because of breaking the contracting triangle roof. In a larger view, I think it's within a upward W-X-Y correction which waves W and X were completed. Also an A-B-C pattern is within wave Y which first 2 portions were completed. But wave C is remained. There are 2 scenarios for the wave C: 1. Ending Diagonal as the...
As you see, EOS is within wave C of wave Y which is within a upward W-X-Y pattern (at least). Wave 1 was completed and a little has remained from wave 2 to be completed. Therefore wait for a while and then it's a good option for mid-term trading.
BTC seems to be in a downtrend and might test previous levels of approx. 43k . DYOR . Not financial advice. Follow for more charts. Comment any ideas.
Since 13MAY, Cardano has established a very solid bullish trading channel and is currently trending well inside it. ADA is now in price discovery mode after breaking the All Time Highs. One point on ADA that's important to understand is, unlike most ALTCOIN projects, ADA tends to have a more negative correlation to Bitcoin. Meaning, when BTC is going down or is...
Since 13MAY, Cardano has established a very solid bullish trading channel and is currently trending well inside it. ADA is now in price discovery mode after breaking the All Time Highs. One point on ADA that's important to understand is, unlike most ALTCOIN projects, ADA tends to have a more negative correlation to Bitcoin. Meaning, when BTC is going down or is...
SUSHI is within a upward W-X-Y pattern (at least). Waves W and X were completed but wave Y is remained. Within it, there would be a upward A-B-C pattern (probably). Therefore Do Not Miss It!
NYSE:BABA Watching to fill this channel. Doesn't seem like it would be too difficult.
Looking at the trend and finding key support levels. I'm always bullish on IOTA. I'm thinking it surges for its next move to a key level at approx. 2.40 . DYOR . Not financial advice. If you have any thoughts please comment.
Also ghost trendline may come into play here on the drop and could get bought up as a bullish channel. AMEX:SPY
As you see the chart above, DOT is within a upward W-X-Y pattern. Waves W and X were completed but Y is remained. Half of the wave Y was completed but another upward A-B-C pattern (probably) within it is going to be completed. Thus belt up and be ready!
First chart with Fx Pro Now. My challenges: Reversals or pull backs as what my mentor calls it... To be archived so I can look over it in the future.
Due to previous analysis on BTC, it had a collapsing. As I've considered, correction pattern is a regular flat. However it can be more complicated. So if there is no other scenarios, by more collapsing (probably in the zone I've specified with two black lines) wave 5 can be started.
As you see, SOL is within the wave 5 of a larger degree of wave 3. So it needs to be completed and after that it forms wave 4 which is a correction. Then upward wave 5 will be started! Therefore you can make some trades and profits because of swings!
Hi All Since these are my first few posts on Trading view so If could could kindly give me a link and feedback if you like and agree, and if not please still comment, share and help support much appreciated ! So today ETH has reached another ATH against USD with high being at $3619 which is incredible bullish gains for ETH and means ETH will continue to the...