vongovar

vongovar

We are in front of a bearish resolution wedge. It is not clear to me if there is one more push before a break in the trend or if it will fall during the following weeks((-24% approx.). Indicators indicate a fall. Buyback zone 178 Usd

vongovar

Waiting for retracement to zone approx 11usd Fibonacci Pivot (Annual) HCH pattern Poc volume profile Must NOT lose 9 usd.

vongovar

Great resistance in MELI. For my part I see it more bearish during the week. Drop of 10-15% to generate some convincing pattern to think a continuation in the trend.

vongovar

Pullback or false break?. If we do not recover the neck line we are facing a BIG fall of btc.

vongovar

Possible SHS formation. Maybe there is an 8% bullish bounce to form the symmetry of the right shoulder and then

vongovar

While we witnessed a bounce, I expect a reversal SHS. So I expect a scenario like the following. I put it this way because at this point I don't see any clear reversal pattern finalized as to enter long.

vongovar Updated 

having met the cup with handle target, we are going with the SHS formation. Possible resistance at 36500 Stoploss approx. at 34320.

vongovar

cup with handle. It is perforPming a pullback, in case of breaking the pullback line this structure would be cancelled.

vongovar

Possible HCH with neckline retest. It must be broken to cancel the figure. Otherwise we will see a very violent fall of the price.

vongovar

This BTC move has me confused. What do you think?

vongovar

This short-term uptrend has not yet been lost.

vongovar

Same idea and consideration taken in my previous post. Still can't get back into this long term channel. If it continues like this we will see a drop to the base of the marked channel. Tip: Stay away from the market until at least we are back inside the lost channel.

vongovar Updated 

Yesterday I uploaded a view on BTC. This is what happened. It tried to recover the price but ran into the base of the triangle and rectangle marked on yesterday's chart. I bring you the enlarged image for better appreciation. To summarize. The most sensible thing to do is to wait until we are in a safe zone to trade. At this moment it is very dangerous. be...

vongovar Updated 

It is very important to break the 61.8% retracement zone to remain bullish.

vongovar

BTC - Elliot - volume profile analysis.

vongovar

At this moment there is a great bearish possibility, to disable this HCH it will have to break the yellow zone. MEASURE YOUR RISK! The loss you assume in case of failure should NEVER exceed 2% of your total capital. NEVER. We invite you to share your vision in the comments. Thank you

vongovar

Definition zone. We come with a movement without momentum. BUT: we are very close to the break of the marked resistance. In addition, the daily MACD is about to cross. To define a bullish exit we must see a candlestick above the marked resistance. It could be an ascending triangle but we must be absolutely careful.

vongovar

If eth fails to recover its price at this point, we will see the confirmation of a SHS. The fall could take EHT to 2435usd zones as a last target, although it presents strong resistances in the 20 and 55 EMAs in 4hs. In summary. According to my analysis, a candlestick close below 2630usd would confirm a head shoulder. If it manages to recover its price...