TradingNomadic

TradingNomadic

Looking for continued consolidation within this zone above 46, and a retest of the range highs. This would confirm a partial decline and statistically favor a breakout of the range. Id look at this as the sign of strength, as we have diverged from the bear market downtrend, made a new high locally after a second higher low, while maintaining support above a...

TradingNomadic Updated 

The dragon was confirmed on a break above the hump. We could be coming down for the checkback first, but the idea would be a bullish continuation from here until proven otherwise. The trend is your friend, till its not. Looking for the 1.618 next as an initial extension of wave 1, followed by the measured move of the local double bottom at about 76k, but the...

TradingNomadic

Real nice double bottom here locally on Nikola. Really want to see a move above .84 cents here to break MS locally, and confirm the local bullish dragon. First major level is going to be the supply around the .618 there and then the Weekly zone at 2.82 Above the (B) point, you would expect the "Bat Action Magnet Move", a term coined by Scott Carney, which...

TradingNomadic

Real nice rounding bottom accumulation going on here on Coreum. Like an Eve & Eve double bottom. The idea, in any case, would be overhead supply, with these lows reaching into liquidity lower to accumulate. While the targets here seem pretty unrealistic, this is how youd measure something like this. Similar to a right angled and descending broadening formation,...

TradingNomadic

Real nice chart here on CRV. We've gotten a break of the downsloping supply line, and a checkback. The local double bottom would be confirmed at 1.30 and would target a measured move of 4.31, with profit taking at the 1.618 extension on the way. Typically this move to the top of the range would be considered the sign of strength in wyckoff ranges, and you...

TradingNomadic

If we manage to hold this historical inflection point, it would also be a partial decline inside of the broadening wedge / megaphone. For further confirmation we would want to see a move back above the local overhead supply zone and a break outside of the downsloping supply. We are currently broken out of and diverged from the initial supply line, and that is...

TradingNomadic

We have been following the BTC pair as well and all things line up for expansion here on DOGE. This would be the sign of strength after retesting the inflection zone, which was your partial decline of the smaller range. We should expect to see a move to the top of the range around 14-16 cents next and another bu / consolidation, high and tight, likely...

TradingNomadic

Looking for the sign of strength, into the top of the range, and likely some consolidation before the breakout, and expansion to target levels. Very similar to what a lot of these alts have been doing. Deviate below the range, reject and recover / test, then the impulsive move away from lower supply. I would expect no less than the 618 eventually, underneath...

TradingNomadic

To validate, youd want to see a reclaim of 0.004 and a checkback to confirm the break into the range is now being supported. Then youll typically get the sign of strength in short order, an impulsive move to 0.009 before you could expect a high and tight consolidation for the partial decline move / bu This could present itself as a checkback at the prior supply...

TradingNomadic

Beautiful right angled and descending broadening formation here on QI. We've gotten a retest of the top of the range, and potentially looking at the partial decline here. A retest of the range high, would statistically favor a breakout. You could target retracement levels into the 618, but the measured move of the bottom is 0.128 Often time these patterns will...

TradingNomadic

Real nice pattern forming here, with these potentially being the right shoulder / partial decline. Nice reaction backtesting .1045, we could come down and fill in that wick a bit still, but shows demand, where there was once resistance. The context is nice, a momentum shifting structure, after a long bear market, and 886 retracement, and the partial decline...

TradingNomadic

Looks like we have completed the Sign of strength phase, and the back up. This is where the real expansion starts after leaving the accumulation range. Looking left we can see we are above critical resistance, and historically, its straight up and down from here to target 3 with likely consolidation under the 2.618 Looking at the entire structure here as a...

TradingNomadic

Real nice Falling wedge here on REL, with a local Broadening bottom. We are currently breaking above the range low, and would want to see a checkback to confirm support, but above this level, we're looking for .02, and then likely an extension into .027 ish at the local 1618. From there, the major target is going to be the 618 at .044-.-05, and ultimately the...

TradingNomadic

Beautiful structure here, with a similar position as TROVE. Coming out of the deviation / spring low, and we would need to see a recovery of .004 as support to complete the test phase. After that would be the sign of strength, with expectations of a move into 009 and then 013, which is where we would expect the partial decline to come into play if it plays out....

TradingNomadic

Exponential growth exhibited on these last few bars here. Id expect this to be the deviation low / spring phase of wyckoff accumulation. We would want to see a recovery of 01, as support which would be your test. If the test is successful, we would look for a powerful third wave into the 618 around 03. Eventually making our way to 05, for the equilibrium of...

TradingNomadic

Nice macro bottom structure here on FIRO. Holding this lower zone here, historically will take you to 2.90-4.36 first. Im personally targeting the local extension at 6.52 just shy of the 618, however, the measured move of the larger double bottom here would take you thru the range high at 9, and likely into that 12.63-15 zone. An extension of last julys...

TradingNomadic

Looks like RVN is about to make its move here. Holding above .0201 is critical, with the first target from here at 0242, with a measured move at 0437. Eventually, id expect to see resolution all the way into the .0664-.0726 zone (confluent with the log 618) if this were to play out like CKB, and a lot of other PoW coins.

TradingNomadic

Real nice dragon here on TURT. Adam / eve style double bottom with a measured move up into the 618 retracement, which would also be the first target of the dragon. From here id love to see a checkback of 0147, before moving away from the lower end of the range here, which would be a confirmation that resistance is now support and offer a good level to lean...