Nothing changed!
TY to every one who are pushing the sell button!!
You took all the risk off that trade!! Its sad you don't understand what i mean..
Wanna play?
(ETH to 10k...)
The correction will continue and it could drop into the red box or it could consolidate in the area that the price is currently.
Weekly chart - The green and white energy are below 50, indicates bearish pressure continues, which can be a drop or consolidation. Note that the green line and white energy can do a shallow drop and start heading up.
HIVE has just broken downwards from a massive consolidating triangle which is a shame. Support could come in many places but a spike followed by a lower high followed by a fall I think means for the foreseeable future there is going to be a leveling out or rounded bottom before going back up (possibly a cup-and-handle pattern).
3 day Time Frame (TF) shows that we have completed the A and B and are in the process of laying out C leg. The Phoenix Indicator is showing similar pattern compared to 2018. The Phoenix is great for trend change, managing the trade and also following Elliot wave so when I say similar pattern this is the pattern for most ABC corrections. I have identified what I...
This is based on the 45 minutes, which provides reliable trigger for trades, with the use of a stop loss. This Swing trade usually runs for about 1-2 days but of course that varies. Identify targets based on support and resistance as I have done in my previous posts. All elements identified on the chart must be confluent: the MACD and histogram (I prefer it as...
I apologize for last few charts, titles can be misleading and my objective is to provide insight to what I see and hopefully help folks out and the head and shoulders thing was just me looking at charts and if it did playout it would result in about the similar results what I have identified on the chart. In no way is this advice just me working on my analysis...
I did notice that there is a head and shoulders pattern that is forming and there was a similar pattern that formed during the same time back in 2019. However; there several differences when compared to current set-up. First the price action is above the 100 EMA and more important above the 365 EMA, which is bullish compared to the set-up of 2019. The Phoenix...
STRAIGHT FORAWRD BREAK OF THE 17 (YELLOW DOTS) EMA AND TEST, WHICH IS CONFIRMED BY THE 2 (TEAL LINE)-6 (PINK LINE) EMA BUMP AND RUN AND THE HEIKIN ASHI PRICE ACTION IS BULLISH. IN ADDITION, THE PHOENIX INDICATOR BY DAVID WARD (TRADINGVIEW HANDLE IS WYCKOFFMODE) IS ALSO INDICATING BULLISH PRESSURE. MY TARGET FOR THIS SWING TRADE IS $8.03ISH, WHICH IS BASED ON...
HIVE confirmed break out upward from a descending triangle after regaining strong support at 52 MA and trendline to finally confirming break out (retested 4.17 on the hourly) with MACD about to cross. Target price $8.2.
The trend has mostly been downward. From the rough look it either will still continue going down or either move up today?
Also am new to making analysis.
Daily chart. Very easy to see what's going on here. Working on breaking that downtrend (white line), when this breaks watch for a successful back test for a buy signal. MACD needs a bit of work still but would start to curl with a few good days of buying. 50 day MA is currently at $3.95 if price were to touch this line I think this would be a good area to...
It appears as though Hive is slightly breaching the downward sloping resistance of a Bull Flag, recently there was another fake-out to the downside of the horizontal baseline of support but the sp has created a higher low on top of the rising channel for a second time where I have placed the blue fingers.
The RSI is already breaching the downward sloping...
It appears the Inverted H & S is coming to completion with confirmation on the break, with a test of the green dash trend line. Only time will tell, but goo risk to reward as identified by the measured move, which also confluent with fib levels and Bollinger bands (broken down based on standard deviation) not provide due to clutter. Will take a small long...
