RegideTrader

RegideTrader

The current correction looks very similar to an Expanded Flat Correction originating from Elliot Waves theory. A marginal higher high (69k) followed by a leg down that breaks the previous low (30K). EW theory expects the last wave in the Expanded Flat Correction to be a motive wave (5 waves) structure. Completion is typically at the 100% and 123.6% extension of...

RegideTrader

The current pattern is a triangle that is forming just above the 30k support. Although triangles often continue moving in the direction of the trend, the shape of the triangle gives other signals. The higher lows in bearish triangles are usually not as bullish as seen in the current triangle. This also applies to the higher highs. The price is currently in...

RegideTrader

Chrysalis is a big upcoming update happening on the 24th of April for IOTA. Likely, the price will push up because of the event and might dump after it goes live, but we'll see about that later. The current formation is known as a leading diagonal, which is a short-term bearish pattern, with a longer-term bullish outlay. This means that price dips 5 - 30% first,...

RegideTrader

Volume not too clean on this breakout yet. Entered with tight stop.

RegideTrader

Not perfect, but decent pattern. 2.5rr

RegideTrader Updated 

2.5+ RRR

RegideTrader

Kinda good, just a lil resistance around last swing high which is scary. small long

RegideTrader

Triangle formed on LINKBTC. Once it breaks the top of the channel, I expect a 70% move to the upside. Stop loss beneath the funnel with a RRR of 5.6

RegideTrader

Skipping this one because of the resistance above, but still interested in tracking the performance.

RegideTrader

Triangle forming on LISK. Wait for break above the green line to get in with stop loss below the red line. Target is 939 and 974 respectively. RRR is 3.7

RegideTrader

Triangle pattern formed on LINK/BTC and has already triggered. Risk to reward ratio is around 1:3.

RegideTrader Updated 

Bitcoin broke out of the downtrend on the daily timeframe and is currently in a pullback before the next leg up, or it's just continuation of the downtrend. Looking at the lower timeframe i can see that bitcoin has been testing the support on the last structure high and keeps getting rejected when testing that support. The RSI on the 4h is diverging and...

RegideTrader

285-300 is a good point to take some off

RegideTrader

Here's my guess: We are most likely in the 3rd impulsive wave of a larger degree. this has a few reasons: 1. This last motive wave has been much steeper than the previous one, indicating this could be a wave 3 of the larger degree cycle. 2. The volume on this 3rd wave doubled compared to the preceding wave 1. ! This could also mean that we are in a wave C,...

RegideTrader

In combination with the recent negativity in the news, it looks like I found myself a nice place to get long. The bottom of the trendline seems to be holding and although it is only the third time it's being tested (since the start of the large uptrend), I think it has a decent chance of holding. The consolidation that's happening in this possible 4th Elliot...

RegideTrader

likely to push the price down to around .28.

RegideTrader Updated 

inverted hns inside parallel channel. likely will dump

RegideTrader Updated 

BAB or BCHABC is in a very bullish trend . It is now forming an HVF (triangle), and is consolidating inside the funnel ( parallel channel ), after a what seems to be a fake-out. The pattern is suggesting that sellers have not taken control yet, although the fake-out is something to keep in mind. the chance to go up is probably 50%, but the risk reward is great....