My prediction is explained in the drawing. The "Bitcoin Tunnel" is getting smaller and will eventually get too small and go a staright shot down or up.
Ada is at the bottom of its Rising Parallel Tunnel. Great opportunity to open a Long Position with very short Stop-Loss. Win/Loss Ratio is amazing. All Take Profit Targets are on the graph(market yellow). Follow us to see more Trading Setups.
GBPJPY Timeframe: 4Hrs Long Swing Trading Position Initial Take Profit : 167.74 TP2: 168.42 SL: 164.0 (back to the tunnel) The pair was in a bearish tunnel for almost 3 months, but that tunnel has broken up on 6th September around a price of 164.22, which will eventually start a long bullish trend/tunnel while MACD and stochastic indicators are up ↑. This...
We've a double top and in 1H and 4H tf seems the xauusd is being shorted, however we have a support created and a long body shadow, so we should wait to test the support or even cross the shadow to enter in a short position. Since BB line are being shortene, together with EMA showing us a descent line We can also watch the MACD crossing the 0,000
We had an descending tunnel in many TF, however was crossed, but right now is coming back to the tunnel what show us a big probability of cointinue the short strategy. Lets wait to see what will happen to the candle and if could cross the BB lower line
ANTO is in an uptrend in both weekly and monthly time frames. It has held its structure through the recent market volatility and is in a strong sector. It has just bounced off the lower trend line and come from an oversold position. I have taken a small position and am aiming for the top trendline on the chart over the coming days/weeks.
This is totally how BTC is going to move guys it's def doing this poggers Not advice
BTC seems to be following this trend tunnel. Small dip to around 37k in the next hour, then new rally to 44k.
Since its crash in mid-March BINANCE:BTCUSDT entered an ever-narrowing tunnel. A decision will be forced very soon. Thoughts?
Everything is related to the strong resistance line that has been involved since August 2019, if ETH could break it against BTC the next station is 0.035 and the target is above 0.043.
Hey again. Nothing too special to write. again with BITMEX:XBTUSD everything is pretty much written on the chart. Please dont mind the rsi and macd on the 3H chart. I dont think that they'll play a major roll here. another follow up to this idea I had a month ago Didnt managed to get my entry before the target. But the target itself was on point 👌👌 Lets...
Ok so we're facing a new crossroad with COINBASE:BTCUSD now. From what I'm seeing here, we should have another attempt up completing our 5 waves structure, Reaching the top of the tunnel (right chart) and around the could (left chart) or even to the revered 0.618 area at max (golden rectangle), If that's not the case. I hope to see a truncated 5th wave to the...
Hi all, I'll be looking to short AUDJPY once it reaches my orange trend-line. I'll be using a tight SL on this one in case price breaks out of the current tunnel. TP's are shown as green trend-lines. I will also keep an eye out for a reversal especially around my 2nd TP. Always remember to use proper risk management. Enjoy!
Australian dollar formed some bearish tunnel. One more bearish movement looks possible. Fundamentally, the employment change in Australia expected to be bearish. Simple high Risk and reward potential trade.
After breaking the neckline gold is going to sell for a long time. The down ward tunnel trend as well as head and shoulder on H4 as well as closing triangle gives pressure and as soon as we break tha neck we sell and eat.
Taking Costco to the long side. Got to know about the downgrade from Cramer's Mad Money, so thought to do technical analysis. Cramer suggested buy at this level and technicals are supporting partially. I prefer to see divergence in RSI but thats not there. So taking this trade by giving more weightage to fundamentals shared by analysts as Costco is least affected...
I wanted to remind you guys there are good signs and bad signs in the chart... after all, I will wait a bit longer for a retest on the bottom of the tunnel... comment and ask your question if there's anything ambiguous in my drawings...