The chart is pretty straight forward. Presuming we dip down in price due largely in part to the anticipation of CPI results; I'm of the mind that we will tap bottom of the current local ascending wedge , and then build a strong momentum upwards out of the current local trend and at least to the first point ive marked tp1. I am assuming in this scenario, that the...
Been a while since ive published any ideas, but this short season has proven to follow a similar pattern through out. Im of the mind that the next drop will follow accordingly! The red arrow also happens to point at the 13th of october... coincidence? Regardless, im watching this channel and keeping a close eye on the DXY . Which just broke up through its 112.5...
ive been keeping an eye on the DXY religiously as of late. i have a strong feeling were aiming to hit around the 113.2 range before retracing down. perhaps not all the way back to bottom of trend, but ultimately i expect it will rise towards 120 as a target.
Ive been watching CRV for some time now, and its been following this channel like clockwork for what feels like ages! Its finally hit a critical point where its landed against a very strong support while also sitting quite close to the top of its channel. If CRV rejects off the support and pushes up and out of the channel, i expect to see upside to about the 786...
As usual i keep my TA fairly simple and to the point to make it easy to understand and easy to follow for anyone thinking about utilizing this information to help catch a great entry! NOW, for the meat and potatoes (: ANKR has been sitting in this large range for quite some time, and it is FINALLY getting squeezed out at the bottom edge of the trend. Even...
SNX has been ranging for quite sometime in this range is finally squeezing very tightly in the end of the range. Based on its performance, i expect this to break the trend upwards. im not going into too much more detail, my last idea posted explains exactly how i utilize this break out pattern to set successful entries and solid/safe TP's! please feel free to...
CHZ has been performing exceptionally well! No one can deny that. But I'm even starting to believe in the wild idea that we may be targeting the .382 fib level as which coincides with the original trend line. I don't want to discount the probability CHZ has to continue with this momentum and surprise yet again by performing exactly in this fashion! but.. hey. If...
CHZ has been performing exceptionally well! No one can deny that. But I'm even starting to believe in the wild idea that we may be targeting the .5fib level as well as the original trend line before bouncing back down. I don't want to discount the probability CHZ has to continue with this momentum and surprise yet again by performing exactly in this fashion! If...
I'm not exactly the biggest fan of $SHIB, but i cant help but look at this chart and imagine the possible upside if this breaks up! ill be keeping a close eye on this going into the start of the next week. With ETH leading the charge, and alt coins performing so well.. if this continues to push, i believe a LONG position to the .5 fib on SHIB would be fairly safe bet.
CHZ broke resistance and continued to perform, even wicking the next resistance level above. As to be expected, it pulled back to retest the previous resistance which is now showing signs of support. The RSI on the 1hr has hit the bottom and is beginning to turn upwards. It managed to break below 20RSI on the hourly without much PA downward or even into the,...
The chart is fairly straight forward, ive been waiting for this trend line to break for quite some time now! Its finally broken above the trend and retested on lower TF and looks to be holding some strong momentum. I took a LONG position when it broke the level and will be aiming for the .5fib for TP1(to be safe), and the 618fib TP2, and as far as the 786fib for TP3.
Not much else to say on this one. Weve all been waiting patiently for a good entry on BTC out of this wedge as it was squeezing very tightly at the bottom of its range. A nice and expected scam pump out of the squeeze and then we see it finally break down below the trend! As it retests the trend line, i expect a nice short entry will do well. Trailing stop loss...
Just want to point out that this bear flag is still very much a possibility. Ive been very bullish lately, but it would be remise of me not to point out the obvious. That being said, if we break this resistance up and retest this level as strong support, ill be looking at LONG positions. TP1 around top of trend at 25,500, and TP2 at 27k. a run to 28k would...
Im fairly new to utlizing fib retracement in my analysis, but ive been having fun learning! In the same respect, the new learning process has pushed me to begin publishing ideas. I hope this can serve to help others, while progressing my own studies as well (comments and criticism very welcome!!) Now onto AAVE! More recently, AAVE posted a nice big bear flag ....
Ill keep this one nice and simple. CRV hit an all time low recently. it did this while following its downward channel to a T. What i believe is important to note, is the new resistance level created by breaking a new low. More importantly, CRV is currently testing that resistance level while simultaneously hitting the upper limits of the channel it has been...
my chart here cant be easier to read. its just to show how powerful this OP pump has shown itself to be. Not only has it persevered and held onto support levels with ease. its managed to break all major resistance levels as an entity of its own. OP has never followed BTC or stocks with much correlation; but this is proof OP has a plan all its own! $2 OP. feels...
Im sure everyone caught that huge spike from $50 to $120... right? i sure didnt, but at least i got to watch in awe as it tore its way up!! i'm not expecting another 1.4x pump, but i am feeling very bullish on many coins right now. QUICK is definitely a part of that group. It has continued to test this resistance level after falling from its peak and dropping...
Well, the idea for me is fairly straight forward. Since we broke local suoport, we are headed down to the lower level of the channel. this is when things get dicey. if it break down out of trend, i would personally wait for retest back up to execute a short entry! Longs are just as simple. if/when we break current trend up, ill have a long placed with a 50% TP...