if we bounce off this Bottom Blue support, then we add more weight to the idea of in a rising wedge pattern on the daily. Most likely count another 7 or 8 days then we head back up over 30k to Red Resistance. This is all probability theory and should be traded with risk management Trend is up, for now, has been since December 2022 The least risk trade is buy at...
Friday's daily candle opened towards top 25% of yesterdays daily, indicating continuance of upward trend : Candle analysis Upward trend is supported by current positive news yesterday. Court ruling that xrp is NOT a security. Court, instead...
Inverse head and shoulders pattern indicates reversal of trend
Fundamentals: According to their official website, SHIB is an experiment in decentralised spontaneous community building on platforms such as reddit, twitter, discord The crypto market is a volatile and unpredictable one, and often cryptocurrencies that have no reason for being on top often get pumped up. However, the coin has pumped this time after a tweet from...
Higher highs and lower lows plots a flag pattern which tends to confirm upward trend continuation. USD is weakening due to covid crisis with more debt relief on the way by fed
Back to trend after four days and 75$ short drop to wipe out all those long positions
This is a continuance of upward trend indicated by flag pattern. Wait for breakout of the pattern before trading, reduce the risk.
This is BoJ news release time...best to wait for a breakout before placing a trade If rates rise then UJ will break downwards...a SHORT If rates are lowered then UJ will break UP
When in doubt...wait for negative confirmation on news release of oil inventories and trade in the direction of the weekly
I think Eu will come down fast on this spike...90 degree rise....reason...structure...Eu likes spikes n dips
After Powel started speech at noon EST yesterday dollar dropped, EU rose...still in LONG trend
Another flag this morning on GU on 1 Hr chart plus positive cross over on EMA ribbon UP trend
Flag pattern, better seen on 15m chart...Long GU
Lets see which breaks first on the 4hr chart Support or Resistance In my opinion resistance will break first as we have a pennant flag forming...then with everyone long again....another 50% drop....keep finger on the button Fundamentally CME former contracts have expired on 27th jan So now is a new game in the futures casino :) One things for sure.....they'll...
BTC is technically LONG after double bottom on 4hr trend support line It may come back to retest this support...definatley a possibility If it does then this is the place to BUY
Euro has strengthened against usd due to strong econmic forecast for Europe in 2018 and weak economic data for the US
With a market cap of 65bill bitcoin cash is the next largest crypto currency The last two hours have seen the breakout of a pennant flag pattern showing continuation of upward trend We are probably heading to 10 000 in the not too distant future
LTC takes off with a large new customer base enjoying the fast speed of lite coin network Pennant pattern formed....wait for the Upward breakout of pennant flag