BTC is having a support line at $3800. Once this support is broken and if we get a confirmation below $3790, get ready to short bitcoin. The risk-to-reward ratio is pretty good. * This info is not an investment advice.
Same Chart Patterns
Hello guys today here I am sharing about RENKO charts for what is RENKO chart what are the uses and what are the benefits of this chart type. So that is why I am using RENKO chart for this publication. WHAT IS RENKO CHART (INRTRODUCTION)-: A Renko chart is a type of chart, developed by the Japanese, that is built using price movement rather than both price and...
The above chart is of TCS on 15 min TF. The chart has formed various patterns and shows the price action after successful completion of the pattern. Hope rarely we can found a chart which exhibits most of the patterns in a single chart. Here are some of the patterns which i was able to identify: (A) Bullish flag pattern: After recognizing and marking the...
INTERPRETATION OF BASIC STRUCTURE OF CANDLESTICK CHARTS.
IT IS BULLISH AND BROKEN OUT ABOVE CLOUD ON WEEKLY CHART...
IT IS A MONTHLY CHART... IT IS FORMING A BULLISH FLAG PATTERN... ABOVE CLOUD AND SATISFYING ALL THE PARAMETERS OF ICHIMOKU SYSTEM....
For those looking to master the stock market, understanding chart patterns is essential. And if you have reached a point where you are out of trading ideas or stuck in a traders’ block, this article is just for you. Chart patterns are formed by the movement of prices over time, and these can be of two types: Continuous patterns which indicate that price...
This is for educational purpose only. Decision-Long Details are on the Chart. Happy Trading
Trying to understand charts, does my way of understanding the charts is correct? seems here it is going to breakdown ascending trend channel
REFER OTHER CHARTS ON DIFFERENT PERIODS TWEETED