As you see, a upward W-X-Y-X-Z has been formed. The last wave X is being completed and after that upward wave Z will be started. So belt up and get ready for the fly!
As you see, Komodo is within a regular flat pattern (at least). It needs to complete wave C (ending diagonal) of a larger degree of wave B and wave C of the pattern. Then if there would be no scenario for the correction, new impulsive wave will be started!
As you see, a upward W-X-Y pattern is shining! It's within the wave X and correction portion of the pattern. So the correction should be completed (maybe up to the Fibonacci ratios) and after that a upward A-B-C pattern (probably) within the wave Y will be started. So take a break and get ready!
As you see the chart above, SFP is within a contracting triangle pattern which is within wave D. After wave D, wave E needs to be completed. Then if it breaks the roof of the the pattern, it begins a upward impulse wave. So pay attention!
As you see the chart above, UNI has started a powerful uptrend for a year. I think it's within wave 5 and it's near ending. So be careful because it'll go to a downtrend very soon!
XABCD Pattern Target one: sell 1.17610 Don't forget to look the economic calendar. THANK YOU!
Since ADA broke $1 in February, its price has made higher lows while RSI and MACD have made lower lows, as shown in the chart. My understanding is that this signals a hidden bullish continuation. Also, it appears that the daily MACD is about to break to positive. For these reasons, my bet is that ADA is on its way back up this channel to $1.50. I am new to...
This ETH/BTC chart helps to make the ongoing upwards trend crystal clear. Therefore, I expect ETH to continue to outperform BTC until this upward sloping trend is broken in either direction. When in doubt, always zoom out. Cheers, Skinny
Based on this ETH/BTC chart, it’s clear that ETH is trending upwards vs BTC. Until the pattern is broken in either direction, you should expect ETH to continue to outperform BTC. When in doubt, just zoom out. -Skinny
I think (EURUSD) is susceptible for the long-term DOWNTREND , and with respect to that I expect the price to reject the trendline and keep moving downward. Try to avoid STOPLOSSHAUNTING
Algo needs to break this $1.45 area and then its clear skies above. This is my favorite project in all of crypto. NOT financial advice.
Today, the cryptocurrency market is undergoing very good times: Bitcoin 60k, Altseason, for 4 months already many projects have been updating their historical highs, the popularity of DeFi , NFT , as well as now the IDO boom, as there were an ICO and IEO at the time. What is the difference between IDO, ICO, and IEO? IEO and IDO in general are the same, except...
This chart looks at all the popular investment sectors or commodities against each other with a timeline that starts in 2019, just before the pandemic hit. Gives a nice visual representation of volatility and growth. The challenge is figuring out how this will evolve over time. I am betting the dollar, sugar, and VGLT 30 year bond etf will be going up whilst the...
EITHER WAY LOOKS LIKE 2 🐻 PATTERNS, we have some major resistance above and some EMA’S dynamic resistance below, we are in between a linear channel with bias to the top half and this channel has not been broke in months, we have had a few bullish days the past 2 days and a lot of bearish but the trend channel is bullish and we are moving up ⬆️ at a pretty fast...
I think this is the possible move of the crypto market leader, Bitcoin, if it breaks the intersection of the uptrend line with the previous downtrend. Then it is possible that I know of this scenario where, in the case that it breaks positive, we could see a new uptrend that exceeds the ATH. It all depends on the behavior of the price in the following hours.
Last weekend Bitcoin broke above 58k which was the top for February and made a new all time high. However, the bulls faced a set back as Bitcoin slipped back below 58k. However, Bitcoin resiliently stayed above 58k on Friday while Nasdaq had its worse day in two weeks. This is quite important since Bitcoin has had a positive correlation with Nasdaq and Tesla. This...