flyfreebaby

flyfreebaby

what can we see here? i made 2 blue trendlines - one connecting candle bodies, other one connecting the wicks. double bullish divergence spotted on MACD indicator on the daily timeframe. first trendline was broken and retested. the retest was a good entry point. other, higher trendline acts as a resistance. lets see if we manage to take it out. trade safe.

flyfreebaby

bullish double divergence spotted on the 4h chart with the MACD indicator (orange). wait for the break and the retest of the trendline (blue).

flyfreebaby

i would say this is a pretty important break of a trendline dating from beginning of February 2021. wait for the retest and good luck.

flyfreebaby

when this breaks out, the ethereum era is starting. its gonna be interesting to see eth / btc battle in following weeks. although btc is king, i would have my money on the eth side for this one. good luck traders!

flyfreebaby

it looks like an ascending triangle, the KNCBTC is looking like it might push the doors down. wait for the breakout then long, i think long term hold could bring 5x.

flyfreebaby

a very nice cup&handle formed and it doesnt get more obvious than this example. wait for the retest in the marked area. good luck!

flyfreebaby Updated 

seems like an Adam&Eve pattern on the 4h. wait for the retest and enter. with stop loss of course. not a financial advice.

flyfreebaby

we are testing the lows these days indicators are at 0 level and ready to bounce up its an NFT token i know

flyfreebaby

we are at the 0.786FIB. indicators 1hr 4hr and 1D are at the bottom now, so if it turns around could be a nice ride up. what concerns me is the BTC.D, it is going up at the moment and will probably continue for next couple of days. YFI has been sleeping for a while and i want to see it go up? im here to learn and open for your thoughts, indicators and charts!

flyfreebaby

we tested 0.786 FIB support for the 2nd time now. is it time to go up? we need to break the trendline formed by lower highs. which is also part of the broadening descending wedge pattern. for all of you that are into patterns. how high do we go? we will see - if we stop below the previous peak (40k) then it is possible we will form a head n shoulders pattern -...

flyfreebaby

not a popular token but TA says it goes up from here. lets see.

flyfreebaby

update on the 4hr TF - looking like a descending triangle with a target around 0.75 - it is going to drop with the rest of alts - if it holds 0.75, then upward momentum follows im here to learn, let me know your thoughts!

flyfreebaby

- breakout coming soon - scenario UP - breakouts higher and closes the right shoulder of a bullish inverted H&S pattern - scenario DOWN - breakouts lower according to descending triangle pattern and drops to around 0.67 - 0.70 area im here to learn, so im open for any comments you might have. thank you.

flyfreebaby

- bearish H&S pattern developing with a target drop to 0.49 area - bearish volume and MACD divergence formed on 4h chart - broken trendlines are in orange color, active ones are blue - if support around 0.47 - 0.50 holds, next target is around 0.90 - if it doesnt hold, a drop to 0.30 area, which is going to be bought agressively im here to learn, so please feel...

flyfreebaby

i would like it to go down. from the chart it looks more like its gonna go up.

flyfreebaby

- area of trading for the next couple of days - three support trendlines charted, the one below is always more important than the one above - on the W/D chart, a smaller cup&handle pattern has reached the target, possible retest and then up again to reach the target of a bigger cup&handle pattern let me know your thoughts

flyfreebaby

- area for trading next couple of days - one of the support trendlines has already been broken (not shown on the chart) - watch for the breakout out of the area - upside break - target around 800usd (cup&handle from the W-chart) - downside break - probably stops at support around 450usd - long term bullish let me know your thoughts!

flyfreebaby

- area to look out for in the following days - Monero already broke the previous support trendline (not shown on the chart) - big resistance at around 140 level, top level of a multi-month bullish cup&handle and inverted H&S - i would say short term bearish (follows the market), long term very bullish - watch for the breakout, either up or down! let me know your...