Hello traders, Here is a quick day play on ATOM. This is the formation of an Adam and Eve pattern. A less talked about price action structure that generally pays the bills!
Hello Traders, Here is a nice set up on HNT. This coin has been a consistent winner the times that I have been trading it and tends to be a big runner too when it gets moving. As of recently HNT has broken a large downtrend falling wedge, retested this trend and formed a reversal pattern of an Adam and Eve. This is a double bottom pattern with structure showing...
Hello Traders, As we all have been waiting amongst bearish news upon bearish news, we can see that the structure of bitcoin has been showing some bullish signs. After many Alt coins have jumped some points it is more likely than not that bitcoin will follow shortly behind. If you look at BTC.D you will see that it is falling and makes a lot of sense that the alts...
Hello Traders, Here is an idea on MTL. The price action seems to be breaking an important trend line here and could be ready for a nice impulse move. What you are looking for here is some volume to come in to make the upward movement a more likely scenario. Worth a peek. Of course do your own research but, here is an idea to help and some fundamentals below....
Hello Traders, Today we are analyzing Monero . After doing a deep dive and zooming in and our of different time resolutions I have found some very interesting similarities to the previous run on XMR. The First point to note is the bottom of each run seemed end in a similar way to each other. Some what of a cup and handle pattern on the monthly time frame...
Hello Traders, There is some news today in the case against Ripple. To put it simply the Judge in the Case has denied the SEC's motion to throw out Ripples Fair Notice defense. This should give the bulls some power to potentially get the price action above the current resistance zone in the red. With an impending weekly MACD bullish cross coming this couldn't...
Hello Traders, Previously we went over an analysis on XRP coming to a major resistance zone. As you can see here we have pulled back from this area and now have bounced off of the lower support zone after some consolidating. That consolidation seems to have formed a bullish flag continuation pattern in which has a target that would shoot the price action above...
Hello traders, I have recently been pretty busy with my private group and moving to a new home so I wanted to put an idea that I'd been eying for a few months now. As you can see in the chart here there has been a multi year trend line starting back in 2013 which has acted as support for 9 whole years with multiple touch points highlighted in green along this...
Hellow traders! Here’s a quick idea with a few tips on entering the trade. Listed on this chart are 3 different buying areas. The first is the bottom of the pattern entry. This entry area will give you the least amount of risk when pattern trading. If you’re looking for this entry, you will want to see price action bouncing off of the bottom of the pattern on...
Please see chart for details. Take trades at your own risk. Feel free to message me with any questions.
Hello traders, Man, there is just bearish news after bearish news it seems lately, I mean, WW3 amirite? Well, the geopolitical mess aside, I firmly believe that this run is not only not over but, far from it. This ascending triangle that is possibly forming on Ethereum market cap coincides with this theory. If we get more buyers coming into the market pushing...
Hello Traders and Happy Valentines Day! I hope you all enjoyed the Super Bowl game! I am from Detroit so this was great for me as it is probably the closest we will get to seeing a Super Bowl! Thanks Stanford, you deserve it! Analyzing Loopring we are hoping to see a formation of an ascending triangle. The last swing down presented a small amount of bullish...
Hello traders, Today we are looking at XRP. After an amazing week putting up around 45% gains, we see that XRP has come to a resistance zone between .88¢ and $1. 01 . This zone began back in April of 21’ and has continued to show us that this is a major area for price action to overtake for the bulls and the bears. Currently we are coming to this area again as...
Hello Traders, I just wanted to put some visuals together as I am seeing a lot of banks making statements regarding the FED rate increases affecting the price of Bitcoin and other crypto assets negatively. I am not saying that this will not end up being the case but, I wanted to show what happened the last time the FED decided to increase rates compared to what...
Hello Traders, Here is an analysis on Alibaba. As you can see in the chart Baba has completed a Wyckoff cycle of accumulation and distribution. Now that the price action is back at the median line it seems to be forming a triple bottom base and taking a break from its recent sell off. We will want to see more bullish volume grow in this area to confirm this base...
Hello Traders, Bag holder's and Mewn Boys, After a long downtrend since October it seems as if we are finally coming to a draw at the downside. As you can see Tezos Has been in a bullish Channel since back in October of 2019 topping at its most recent high above $8 in October of 2021. Starting the year off in 2022 the crypto space has not gotten off on the right...
As many times as they said it was done.... it wasn't. As many times as they told us we were feels... We weren't!! As many times as they held a laugh at our enthusiasm... We kept smiling too... This is not the end..... This is just the beginning!!!
Hello Traders, While analyzing Bitcoin's running history I came across this Relative Strength Index zone that clearly shows a pump or reversal in price action every time the 3 Day RSI Indicator Line enters this zone. Even in a down trend in price action the pump turned a 65.41% gain. As of right now we are just entering the top of this zone. It should be...