Alright ill keep it short because this is about to exlpode! -Huge rounding bottom = more demand = accumulation - higher highs and higher lows - Massive hidden bullish divergence on the weekly - eth/usd looks amazing too - Back-tested the spring -If we break the neckline shown, there is little resistance on the way up LETS GO ETHERIUM This is not financial...
Alright lets make this fast because we don't have much time. -Huge Weekly falling wedge indicating a massive reversal to the long bear market. -Triple class A divergence on both oscillators on the weekly -Ltc/usd looks amazing too -Falling wedge breakout and bounce on massive support. LETS GOOO this is not financial advice, please do your own research before...
Lately ive been showing how technical analysis works very well on cryptocurrency. It seems the simpler the better. Classical chart patterns and Japanese candle sticks may be old school, but human behaviour never changes. Here is how i have used classical chart patterns, Japanese candle sticks, harmonics, Fibonacci retraces, support and resistance, to win on...
This is a little link trading cheat sheet for my followers If you think technical analysis doesn't work on crypto, think again classical chart patterns, support and resistance, divergence, double bottoms, Japanese candlesticks If you apply this on link YOU WILL WIN Thanks for your support please give this idea a like Follow me for more content like this :)
There is a real opportunity here! SM has taken a beating along with the other major energy players. You can thank Corona virus for causing many of these dumps but i'm looking at the bright side... Reasons to long: -Strong weekly support that has seen massive reversals throughout its history -Weekly divergence on the macd and rsi -Daily divergence on the macd...
hey everyone! Please like this idea before proceeding, thank you :) Reasons to long: -Retest of ascending triangle -hidden bullish divergence forming on rsi -hidden bullish divergence forming on macd -Strong uptrend -Link has outperformed most altcoins -set tight stop under supply line for max reward to risk This is not financial advice, please do your own...
Hey everyone, please give this a like before reading it, thank you :) Reasons to long: -falling wedge pattern -long breakout -triple bullish divergence on the macd -hidden bullish div on daily This is not financial advice, please do your own research before opening a position Follow me for more crypto ideas Thanks for your support!
hey everyone, please like this idea before proceeding, i really appreciate it. Reasons to long: -Eth is at the bottom of an ascending triangle after a strong uptrend -bullish divergence on the 1h has formed -hidden bullish divergence on the daily -bitcoin looking healthy -long here or the breakout - have a tight stop under the demand line of the ascending...
hey everyone, please like this idea before proceeding, it will be greatly appreciated! Reasons: -Falling wedge breakout and retest -bullish divergence on both oscillators -hidden bullish divergence on both daily oscillators -wedge target is 35c which puts us about the 30-32c heavy resistance -possible head and shoulders failure -bitcoin looking healthy This...
hey everyone, please like this idea before proceeding, it will be greatly appreciated! Reasons: -Breakout of falling wedge with a target of around 35c -Falling wedge target would put us back above strong resistance of 30-32c (very strong) -hidden bullish divergence on both oscillators on the daily -bullish divergence on 4h timeframe -4h falling wedge...
HIGH REWARD LOW RISK PLAY! I love this asset. It has been outperforming other Altcoins even during bitcoin’s small corrections. This is definitely one of my long holds. Caution: long the breakout or bottom of ascending triangle for max risk/reward Reasons to long: -Bullish convergence in the macd -Hidden bullish divergence on the rsi -near the bottom of...
Its dangerous trading Alt-coins sometimes because they all rely on Bitcoin, but this time its different. Tezos has been a very well performing alt-coin, holding its own even though Bitcoin has been swinging to the downside lately. I see a very bullish trend which is very likely to continue. Reasons to long: -Tezos has broken out of a falling wedge pattern. To be...
Zcash has a lot, and i mean A LOT of confluence right now. I feel very weird about shorting an altcoin right now but when the TA gods speak, i listen. Reasons to short: - Rising wedge pattern - Quadruple bearish divergence on the rsi - Quadruple bearish divergence on macd - Bearish divergence on the daily - Bearish divergence on the 1 hour - Strong weekly...
Reasons: -xrp broke out of broadening wedge pattern -xrp broke out of falling wedge patter (check link idea) -xrp broke heavy resistance -no weekly resistance until target of around 45c - xrpbtc chart bullish - high highs are now in for extra demand This is not financial advice, please do your own research before opening a position HEY EVERYONE! If you...
Reasons: -Xrp has broken out of a broadening wedge pattern -if it breaks 32c, there is no critical resistance until around 45c - strong uptrend following other altcoins - bullish xrpbtc pair (btc also being bullish - signs of alt season happening This is not financial advice, please dyor before opening a position HEY EVERYONE! If you enjoyed the idea please...
This is truly one for the books! Over my years trading crypto, I have never come across something that follows TA so beautifully. I've pinpointed all the classical chart patterns, along with pattern reversals, double bottoms, bullish and bearish divergence, supports and so on... Try saying technical analysis doesn't exist after seeing this. Hey everyone, if...
Although BTC broke out of its consolidation stage, it could very well retest it for the second time reasons why: -rising wedge -heavy daily and 4h macd bearish divergence -Daily rsi bearish divergence reasons why I'm not advocating to short: -strong supports at around 9600-9700 - breakout target around 11k - very strong uptrend - already tested the channel...
reasons to long: -RVN/BTC has broken local resistance which can also be seen on the daily timeframe. -RVN/BTC testing resistance as support -heavy bullish divergence and convergence on the weekly will help fuel this rally -Bitcoin dominance falling and funds are flowing into alts - A lot of room to move, we're not even close to the 0.236 retracement disclaimer:...