Here's an idea for Elliot Impulse Waves for BTCUSD. Carrying out of this scenario has us at close to 80k before a longer ABC corrective wave series.
Looks like this chart is screaming a bottom formation. I'm getting in a little early in hopes to double up.
ETH will probably continue down against BTC. It's just broken a major support line, retested it so the continuation in the downward is likely.
Looks like Ponke is set up for a meme coin pump - and I'm gonna jump on. Long position opened
thaz a bull flag bish. Add all the colours of the rainbow if you like. Put a gant on it, fibodoge apparatus if you need.
Prediction for BTC USD. (follow price guides, not time frames).
Practicing what I learned on some YouTube videos.
Trend line breach - CHECK 123 Bottom formation - CHECK 12H EMA (20,60) Crossover - CHECK. Watch closely!
If you're familiar with my other calls, you'll know that I like to keep it simple. 123 Bottom formations to indicate turn arounds - and I have a fairly good strike rate. XLM is forming a turn around and I'm betting the on screen trade plays out nicely. If you're looking at a looser stop, I'm setting mine at the 2545sats line, but for lower risk hunters, 2845...
Just my opinion, but Verge looks way over bought, bubble-luscious af. 123 Top forming, if it can stay above the 2 mark, then it may be going higher, but my gut feel says capitulation.
In this market, it's far from a guarantee but OMG looks to be setting up for a bull move. This is indicated by the simple 123 Bottom formation. Simple is best . Don't get caught up in the confusion that the many different indicators bring about. TRADE: BUY: 0.00140100 (on green candle close) TP: 0.00160000 SL: 0.00125000 DYOR.
It's possible that KMD is turning around it's bearish trend. This is based off the 123 Bottom that appears to be forming. While not concrete, the stop loss, (red box) is relatively tight so presents a moderately low risk trade. Buy zone is blue box with take profit in the green box.
This could happen quickly or slowly, but there's 2 possible trades that I'm considering. Larger 123 Bottom formation with a smaller 123 bottom forming with it. Both entries are at or just above 18,000 sats. (Only if this mark is broken.) Take Profits: 20,080, 23,800 sats SL: 16700
For those that have look at any of my past analysis, I like to use simple trend analysis, support/resistance to draw conclusions. I find that the more convoluted your indicators, the more confusing the entries and exits become. Plus trading is a process of mastery that requires thousands of hours dedication - if you're constantly looking at complex drawings, it's...
Look at that simple, effective 123 bottom configuration. Price passed the 2 mark, (blue line) and came back to rest. It should now begin to take off.
I was going through the charts this morning and saw that Monero had broken lower against a recent upward trend. There's strong support for Monero and it regularly has been visiting the 0.03 BTC mark. The break below the upward trend presents a possible trade opportunity. Splitting the buy order between 0.026 & 0.024 will enable me to mitigate the risk of a...