Lots of bullish patterns forming for SLP, my last trade is still in play as well. So far looking good.
Falling wedge, cup and handle, ascending triangle, bull flag.
Multiple bullish patterns have formed for SOLANA, a reversal falling wedge. Followed by a cup and handle, ascending triangle currently forming, bull flag. Volume is overall declining with this downtrend which may mean the sellers have fallen off. Price getting close to the 200 EMA and could target the 800 EMA if price gets above the 200 EMA. Price will get...
As we can see, in my opinion, Shiba Inu is in some type of trading range, and it potentially could be accumulation and using the fractal from 2021 we can see Shiba could possibly follow it in some type of way and get marked up. But we do not know for sure. That is why once again not financial advice, it is a great reason why you DCA into positions over time...
Lots of bullish patterns forming. Bullish divergence and 2hr stochstic rsi is oversold.
Cup and handle/bull pennant, and it is breaking out right now and going so it may hit its target. Stochastic RSI oversold looking good and MACD about to get a bullish cross. EMAs getting tight and price nearing 200 EMA.
Multiple bullish patterns for XRP/ETH and the indicators look good.
Just want to put this out there aas well as my last post. FTT/BTC has been in Wyckoff Distribution since Fub 2021 when it formed PSY. Rest is history. Volume was also declining with the uptrend. Please share so people know that FTT/BTC could have told you a massive crash was going to happen!!!
If bitcoin breaks the neckline, bitcoin could breakout higher. Stochastic still has room and may remain overbought IF bitcoin breaks out (who knows). There is still hidden bullish divergence as well if I am correct.
Bull flag is now moving, bullish retest and has a high chance it will break up to the target if price holds. Price may target the 800 EMA.
Cup and handle, price holding EMAs and may target the 800 EMA if it breaks out and is super close to making a move.
Cup and handle and oversold stochastic curving with mini bull flag and hidden bullish divergence. EMAs getting tight.
I am watching this idea like a hawk. Wyckoff accumulation with a 1.618 Fibonacci target sitting right below us at $16,783 on this chart (Fib from 28.8k to 69k). Daily stochastic RSI is overbought curving down. Yellow bear flag that has bearishly retested the flag, targets around $17k. Which would most definitely cause panic in the market as it would create a new...
So far BTC has broken out of the bull pennant and may try to target $19,100. Falling wedge breakout as well at least to $18,268. Indicators on this time frame look perfect.
Here i am puttihng the bear flag idea in the wyckoff accumulation idea so its in one nice post by itself. Bear flag/rising wedge has declining volume indicating a dump may happen, the stochastic RSI is overbought curving down, MACD losing buying pressure and RSI has bearish divergence which is a bit hard to see. I would expect support on the 1.618 Fibonacci...
bull flag is going right now price is pumping lookout for OKB!
This patternmay form and provide 19% pump if it breaks the neckline!
So far it looks like a bull pennant is breaking out to the upside for a potential move. Oversold stochastic RSI 15min and MACD losing selling pressure.