Don't blame me if this happen, blame it on huge inflow of money into BTC right now. Chaiking Money Flow is indicating serious uptrend with aggressive buyinh volume. Except more shorts liquidation.
Weekly needs to close above $7550 to break the strong bearish trend line on weekly chart. R3 price @ $7523, will be a test of the strong resistance trend line. If Bulls play the price up to $7600, most importantly $7800. BTC bearish trend has finally come to an end, as there is no big deal type of resistance ahead of BTC again, R2 price @ $9831 is a weak...
Bulls are not joking this time around. They're pushing the price with different bullish patterns, a C&H on 1 hr chart with already completed inner C&H gives a strong bullish bigger C&H pattern. Current price consolidation, is forming the bigger handle, one price hits $6800, C&H pattern gets automatically confirmed plus the inverted H&S neckline pattern...
BTC chart still looking healthy with repetition of April,2018 market trend considering William's Alligator Indicator. Ideally the Pink thread- represent the Alligators Teeth While the Green thread- represent the Alligator's Lips Then the Blue thread- represent the Alligator's Jaw. Now, take a look at the green thread (Lips) crossing over the Pink thread...
2013 Fractal shows sharp price rise from the inverted H&S pattern. 2014 Fractal shows price retracement after failed Inverted H&S pattern, then followed by consolidation and strong uptrend price action that lasted for 1year. Considering the almost formed inverted H&S on BTC 1 Day chart, a replica of 2013 and 2014 market scenario.
Wave 5 about to get hit on NASDAQ 100, with price expectation for wave 5 at 7500-7575, thereafter we may have small ABC correction wave, just because is an uptrend market.
DENT looks so down right now, and this is the best of time start accumulating within price range of 59-61, before the next rally. Goodluck!
I tweet about OCN, almost getting there yesterday. And it's about to begin after ending the downtrend with accumulation. The two sharp bounce at support price of 097 was a clear indication of Adam and Adam double bottom on OCN, with a break out of the pattern at 100. Now OCN is making a handle on the double bottom with price waffling up and down currently....
If ZRX fail to break through the R3 price within the box range, be ready to catch the next dip at S3 for a good ride up. A price touch at S3 will give a complete ascending triangle pattern.
Hi mates, A clear look at a linear chart, there is a prospective Inverse H&S pattern signal, after the right shoulder price dropped below sub $6200, while the left shoulder price make a U-turn @ $6244. But we can't call this an Inverse H&S yet until, until price hit $6800. Likewise, the chart posses all the characteristics of a good Inverse H&S, we just need...
BTC linear chart showing possible retouch of the 1 week trend line @ S3 before we could witness a strong bounce.
Once price sit in the box price range. A full double bottom pattern will be fully confirmed for XLM. And this could make a new market trend for XLM.
What if ADA is trying to replay March to May,2018 fractal with the Coinbase addition. Just a fractal observation worth pondering on.
If triangle break out, price may bounce to price range of 60-70.
E&A pattern is a best performer type of pattern in a bearish market. If price break through to 37, E&A will get confirmed. If price consolidate after break out, a strong upward trend is highly possible on MFTBTC
Four resistance price touches Three support price touches Trend lines slopes upward (Megaphone shape) Best performer in a bullish market compared to bearish market. It's best to advice to position for LONG entry on the third price touch on broadening wedge support trend line. And trade your way up.
A classic C&H is formed on GOOG right now, just waiting for break out for full pattern confirmation. 30% price rise from August,2017 to Jan,2019. 20 weeks Cup formation in between Jan,2019 and June,2019. 3 weeks old handle formation. Handle break out plus LONG entry @ 235 with C&H target @ 1350-1420
AMZN stock broke out with a wild run from the ascending triangle, stock added $57: price to the last chart price to create a new all time high peak price . Straight up LONG position to 1900, volume looking aggressive to keep this LONG position going.