Following our previous bear thesis, here's another one for BTC Descending triangle pattern formed and broke support We are now testing resistance and if it stays below it we might see $12,000 real soon ###NOT FINANCIAL ADVICE###
LUNA has been in a bull trend for over a year now, and is starting to show weakness against both USD and BTC here. The head and shoulders pattern on the LUNAUSDT broke the neckline earlier today, the volume wasn't significant but we believe as it gets weaker it will trigger panic once LUNABTC makes a lower low. I made the entry based on the risk reward ratio, it...
We are seeing MANA printing a Complex Inverse Head and Shoulders Pattern on both MANAUSDT and MANABTC, once it breaks the neckline, we will have a very good trade opportunity with risk reward ratio of approximately 5:1 ###NOT FINANCIAL ADVICE###
As tension raises between Ukraine and Russia, people are flocking into safe haven, right now Bitcoins are in its bear trend that makes it unattractive, the only thing left is Gold. The symmetrical triangle breaking upwards gave us a great opportunity to go long, with R/R ratio over 8 I cannot find a reason not to buy here. ###NOT FINANCIAL ADVICE###
ETHUSD Cup & Handle breakout which is likely ruined. On macro level we are seeing a weekly MACD death cross, on the other hand we now have a potential 4-hour bear break on the top right hand corner. At the bottom right you can see that ETHBTC has been looking bullish but the trading volume has been dropping, this usually suggests that the underlying asset is...
ETH has been consolidating sideways for quite a while now and it has finally broken out of this huge Cup & Handle Pattern Our measured target for ETH to reach by 2022 is $6,300 ###NOT FINANCIAL ADVICE###
I can't believe what I am looking at, this is a Diamond Formation on U.S. Dollar Currency Index indicating that we may soon see USD to go way higher. Currently I am shorting Chinese Yuan as they are likely in trouble with FX reserve due to recent halt on most industries, the country is extremely vulnerable under current situation. BUT, this doesn't mean you...
Dollar Index is having a Ascending Triangle breakout Time to be cautious on stocks and crypto. If dollar goes up it's bad for everything because everything is priced in USD ###NOT FINANCIAL ADVICE###
MATIC Inverse head and shoulders breakout with decent volume USD pair above S/R as well and nice R/R ###NOT FINANCIAL ADVICE
XRPUSD symmetrical triangle Eyeing $3.3 by Q1 2022 ###NOT FINANCIAL ADVICE###
LINK Inverse H&S breakout Targeting previous ATH ###NOT FINANCIAL ADVICE###
CHR is looking extremely bullish with multiple chart patterns confirmed. Rouding bottom and Inverse H&S *NOT FINANCIAL ADVICE
BNB Inverse Head and Shoulders looks promising Our measured target for BNB to reach by 2022 is $700 ###NOT FINANCIAL ADVICE###
Head and Shoulders is a two way pattern, it goes down most of the times and when it fails to go downwards it may break upwards to become a Head and Shoulders Failure Pattern. Same as the Head and Shoulders pattern, you can measure the length of the head to find the target price from the breakout point, my approach in this case is a bit more conservative...
MATIC Inverse H&S pattern Buy if breakout for a risk reward ratio of 5.5 ###NOT FINANCIAL ADVICE###
XRPETH is looking good right now, huge fractal in play. XRPUSD also shows a huge inverse H&S or cup and handle and is testing the neckline as we speak. ###NOT FINANCIAL ADVICE###
All indicators are showing bullish for DOGE DOGEUSDT bounced from 200MA Inverse H&S and Falling wedge ###NOT FINANCIAL ADVICE###
We will need neckline break for confirmation but this looks quite absorbing. ###NOT FINANCIAL ADIVCE###