Trading channels are one of the most common and important chart patterns. Indeed, for the most of the time, price tends to consolidate within a limited range of excursion, as manifestation of the buying and selling activities of market participants. Breakout trading is used by active investors and traders to take a position within a trend's early stages....
What are you think about that?
We all dream. And sometimes our dreams come true. A dream come true is a wonderful thing, almost too good to be true :)
Dump to ~8000$ before big pump to ~9000$ That's just my idea, but I may not be right! Share your idea!
BULLISH BAT "My tests show that the pattern breaks out upward 51% of the time. What does that mean? A close above the top of the pattern means an upward breakout. So price has to rise up from the low at D to close above A. Price may dip after point D, and that happens 24% of the time. The average decline below D is 7% (median: 6%), so be careful when relying on...
Triple Bottoms: Important Bull Market Results Overall performance rank (1 is best): 19 out of 56 Break even failure rate: 14% Average rise: 44% Throwback rate: 66% Percentage meeting price target: 72%
This is only my point of view! This is not financial advice!
Just one more idea for real bull run!
Omg! It’s that possible? 38%?
What if that is true? But may be is not ... The condition of Reaccumulation and Distribution begin with the same action and in the same manner. This is a stopping action of the prior trend. What follows is a large and often long trading range.
We are waiting for COINBASE:BTCUSD range-bound market to start trading alt coins!
Richard Demille Wyckoff (1873–1934) was an early 20th-century pioneer in the technical approach to studying the stock market. He is considered one of the five “titans” of technical analysis, along with Dow, Gann, Elliott and Merrill. At age 15, he took a job as a stock runner for a New York brokerage. Afterwards, while still in his 20s, he became the head of his...
Important Results for Bullish Butterfly Break even failure rate: *14% Average rise: *36% Throwback rate: 68% Percentage meeting price target: 54% * This is measured from the low at point D, bull market only.
Important Results for Bullish Butterfly Pattern: Break even failure rate: *14% Average rise: *36% Throwback rate: 68% Percentage meeting price target: 54% * This is measured from the low at point D, bull market only.
BINANCE:ZILBTC Buy 380-400 Sell 445-460 This is my opinion only! DYOR
BINANCE:WAVESBTC Buy:5650 - 5750 Target: 6345 I think it is a very good option for a 10% profits after the big fall. I expect BTC correction and many altcoins to be pumped next weeks. This is just my opinion and I am very likely to be wrong! Do your own research and use stop lose.
Now just wait for the breakout from the wedge! Good luck!