Just a few minutes ago, bitcoin surge about 1000 USD from ~ 9200 to ~ 10400. lots of pain for bears, especially whom holding high leverage short contract.
But when I check the fractal for bitcoin, there is a pattern very similar to current chart, which happen in 11.Mar. 2018. The similarities are:
Double top in 4H time frame.
Bitcoin price break...
Support and resistance are clearly defined. Fibonacci indicates strong resistance at level 0.618. on the 45-Min Timeframe. Waiting to see what candlestick shows next.
Question: Would this be considered a double top?
- Support and Resistance
- Fibonacci indicator
- Down Trend
Sul grafico settimanale, il cambio EUR/CHF sta configurando una situazione di triplo minimo su una zona di supporto molto importante, quella compresa tra 1.1114 e 1.12. da notare inoltre la divergenza tra i tre minimi e il trend dello stocastico in ipervenduto. A meno di una forte rottura della zona di supporto, possibile raggiungimento verso la zona target sopra 1.15
In spite of yesterday drop, candles setting-up the path for drop-down Impulse. In an hourly time-frame, impulse correction gathers potential to strive in the bear arena by forming sideway marks. Reversing impulse may target 0.98782 to take a stop-technically. Alternatively, if the reversing limit extends-small traders risk till 0.99642. Longtime...
The decreasing trend line accurately portrays GBPUSD weakness, traders are waiting for headline UK Q4 2018 GDP figures to register a lot of moves. Currently, 1.2890 becomes immediate support for the pair, breaking which 1.2850 and an upward slanting trend at 1.2825 seem important to watch. If the pair drops below 1.2825, the 1.2810 can offer an intermediate stop...
After price reaching a major support level, completing a XABCD pattern and reaching the 140.006 price, it is expected to bounce of that level. a reversal may see price all the way up. first take profit may be at 143.340 price level, the second take profit may be at 145.679 price level and the third take profit may be at the 147.212 price level. this setup can be...
XAUUSD is situated into ascending channel and likely will make a breakdown becouse the stoch is overbought.Buyers also made a step back because we can see at MACD buy volume it s still decreasing and now we are near the strongest resistance at 4 hour timeframe.
I think it s an easy short setup
The pair just completed rectangle consolidation and fall in continuation as touch 50 MA, it is possible to take advantage of this as shown in the chart.
Also you can See Bullish crab "not perfect but trade-able", it is swing trade and expected to rise to the selected areas.
trade with care and %, cheers.
Along with BTC and the other major altcoin versus the USD, a pennant pattern is forming.
If we were to assume trend continuation, a breakout to the downside would be the more probable outcome. Should this occur, a projected target from the consolidation zone that has almost complete is shown @ 0.46 satoshi.
Great risk to reward should this pattern play out. Note...
Just a question. Don't get all up in my grill, yo. But I don't see your man crush. Cuz, if he ain't coming, then why are you asking me to go.
See, the problem here folks, is while everybody is busy calling this inverse H&S, which is supposed to take us through all that massive overhead resistance, I'm just not seeing any volume on the right shoulder. It seems...