Rayden327

Rayden327

waiting for a break of structure. This may be a possible cup and handle which would break out of the larger inverted head and shoulders.

Rayden327

If we close below the structure we could be looking at some downside price action with the arrow pointing towards next level of support

Rayden327

Historically this is a continuation pattern. if this cannot break through resistance then this may not be too good for the S&P.

Rayden327

possible flag about to break. first target a 1 extension. be careful of the double top

Rayden327

looks like we have a breakout of the triangle and a retest. should BTC consolidate more we should have a nice move to the upside

Rayden327

possible bull flag spotted. if this holds this may test or even break resistance. waiting for further confirmation

Rayden327

bear flag forming. if the flag breaks looking for first target at major support shown by the horizontal line.

Rayden327

bear flag forming looks like this might play out. looking for support close to the 1 extension

Rayden327

Bull flag forming on the 4 hour. This will be the 4th retest. lets see if this breaks

Rayden327

ICX may have bottomed out with RSI oversold with Bull flag forming. If BTC is done dropping or goes sideways, we can hopefully see this playing out. Make sure to setup SL below the flag

Rayden327 Updated 

We have a possible large symmetrical triangle on the 4hr time frame. we may have a smaller triangle here if we can breakout to the upside; however this could also be forming a bull flag if it does go lower, just waiting for further confirmation. if this does break out to the upside we are looking for targets at the 1 extension which would test the larger triangle.

Rayden327

previous resistance just became retest of support. looks like this is confirmed breakout and looking to take partial profits at .786 and remainder at 1 extension if this plays out. remember to place SL

Rayden327

Looks like this is supporting the larger bull flag. Have a confirmed breakout and may retest support. Either way WAN is looking bullish smaller time frame looking to take partial profits at 1 extension before possible pullback for continued bullish momentum on the 4 hour time frame. see previous post

Rayden327

looks like we may have found a local bottom here with support at current prices. Bull pennant forming, if we get a confirmed breakout our first target is .786

Rayden327

looks like we have a 5 wave bull pennant. depending on how the ETF news is tomorrow for BTC we may have a breakout, unless we manage a breakout prior to that. setting stop loss below support

Rayden327

BTC has fallen to .382 retracement and has a lot of previous support and resistance at this level. Looking for a possible long entry

Rayden327

looks like we are having slight consolidation and need to have a retracement before continuing our move up. looking for retracement at .382 or a local support between .5 and .618 retracement

Rayden327

looks like we may have hit a double bottom and it did not break its support here. also forming a descending wedge with a 5 wave correction. looking for a breakout of wedge and a retest of new support before taking off. BTC just broke its inverse H&S. if it can maintain bullish sentiment or even consolidate, ICX may have a chance at coming up again