Looking at ETH on the Line-Chart set to weekly, we can see a familiar pattern similar to the BTC wedge I've posted previously: ETH has 3 choices at this current moment: - Unexpected wave of bullish momentum propels it to the upside breaking the upper TL sparking a parabolic rally - Slow depreciation in value to the lower support TL before rallying again -...
Following on from my previous stock ideas, I'm expecting a further downswing after the consolidation bounce on most stocks for a Wave 'C' once the bearish continuation symmetrical triangle breaks down Waiting for directional break currently DJ:W1DOW SP:SPX TVC:SPX OANDA:SPX500USD OANDA:NAS100USD NASDAQ:NQGM NASDAQ:NQGI
Looking at Bitcoin currently, we can see a local ascending broadening wedge after that recent downswing. This is pointing to some further downside to complete a likely falling wedge on the 12hr chart. Likely scenario we see play out is downside to test ~43.5k then start a rally around Christmas'-NewYears towards 68k to try and set a new ATH See previous Ideas...
Just a really quick look at an alt that performed well this year, it's showing signs of another move to the upside (if Bitcoin holds where it's at). Gala recently broke a descending res. that has been holding it down & is sitting under the daily pivot point. Watch for a successful breakout of the pivot point for confirmation of an imminent rally and possible...
Noticed that $BTC is potentially repeating a pattern that we've all seen recently... We could be seeing either: - A highly coordinated bear trap.. or - A continuation of the current correction.. Thoughts?? *moved the pattern down a bit to make it easier to see* Now while pattern similarity doesn't necessarily mean guaranteed PA (Price Action) this is...
BINANCE:XRPUSDT KUCOIN:XRPUSDT POLONIEX:XRPUSDT HUOBI:XRPUSDT OKEX:XRPUSDT BITTREX:XRPUSDT BINGBON:XRPUSDT KRAKEN:XRPUSDT FTX:XRPUSDT BITBAY:XRPUSDT PHEMEX:XRPUSDT TIMEX:XRPUSDT Fairly basic look at XRP on line-chart 6hr using the (O+H+L+C)/4 setting to display PA I'd be expecting a test of the lower breakout region in the upper .5's...
KUCOIN:AOAUSDT KUCOIN:AOABTC An altcoin I've mentioned previously on the BTC pairing has starting showing some signs of life & a pre-breakout pattern I've seen it do right before the last rally it had Possibly an unexpected performer soon, see the BTC pair below for some further TA I've done on this pair Expecting the USDT pair to make a run if it can...
BINANCE:BALBTC COINBASE:BALBTC COINBASE:BALUSD BINANCE:BALUSDT BAL has a fairly nice setup with a likely bullish outcome on the BTC pair, with the price ranging between a massive descending wedge & looking ready for a macro breakout which would lead to a 2x in BTC price (likely higher) Expecting a breakout towards that .369 retracement as the likely...
COINBASE:GRTUSD BINANCE:GRTUSD COINBASE:GRTBTC COINBASE:GRTBTC Chart mainly explained in the chart text Bullish setup for GRT looking more & more likely lately after that recent breakout. Watching this one closely as a local uptrend looks to be starting after that breakout earlier.
COINBASE:BALUSD Possibly a nice bullish setup for BAL/USD, daily chart looking like a double bottom within an ascending triangle, Ready for a major move. Could see one last tap of that rising support first before breaking out, best bet would be to wait for a confirmed breakout above that horizontal resistance before buying in.
COINBASE:CLVUSD BINANCE:CLVUSDT BINANCE:CLVBTC CLV has been consolidating nicely inside this slightly descending wedge, looking ready for a break to the upside after what looks like a double bottom on previous support! 4hr Renko 15min Kagi chart (CLV/BTC)
AMP looks to be forming a descending wedge & I'm looking for a breakout for confirmation of such Previously I had a look on the Renko chart for AMP & noticed this potential breakout setup that could lead to the below idea playing out. AMP has some potential for another swing up, watch for successful breakout & close above upper descending resistance for...
BINANCE:ETHUSDT When looking at ETH on daily chart with heikin ashi candles, you can see much clearer the ascending triangle that has formed even while BTC has been undecided in it's direction. This triangle will likely tap the bottom once more before moving up to make a breakout, however, isn't required to do so. Watch the daily for decisive breakout...
BINANCE:LINKUSDT LINK has been inside a macro falling wedge for quite some time & has reached the point of TL intersection, hinting towards a major move incoming for LINK (Most likely upwards). Areas of res. have been added for levels to consider profit taking, while a stoploss (area that would invalidate the bullish setup) has been plotted too. Watch for a...
COINBASE:AMPUSD Been watching AMP closely since the Coinbase launch.. After the recent rally that was halted by BTC & other alts, AMP has formed a potential double-bottom around 5cents on the previous support region that led to it's rally last time.. Watching for a bullish brick to be printed before confirmation of a longer term bottom. Expected levels to...
POLONIEX:XMRUSDT BINANCE:XMRUSDT Breaking down out of a bearish channel after a major rising wedge breakdown, buy areas below (support) Because this is a renko chart I'll update manually in the updates
BINANCE:LTCUSDT Chart update to my previous LTC idea that was published. Expecting further downwards price momentum if that triangle is broken
BINANCE:BNBUSDT Looking at BNB on the daily chart with heiken ashi candles, there appears to be a bit of a sneaky ascending triangle forming which will likely break to the upside!