I anticipated the fall and exited most of my positions while it was still green.
Don't get fooled by small pumps. Zoom out and look at the big picture. BTCUSDT is forming a bearish channel; the next major support is near $12k. Like, share, and engage with my ideas.
This short trade on Clean Science & Tech. gone well. More than 20% downside move from rising-wedge!
Here's an idea how it might play out on ETHUSDT. I fell it is bearish. Let me know your views in comments.
Here I discovered potential buying zone when price moves to complete reverse head and shoulder pattern. After that targets are drawn and after all targets are met, it can go into price discovery mode. Title sponsors of #IPL will surely pump up all #Tata stocks but #TATAMOTORS will be most advertised one during the IPL. Keep that in mind and take positions.
Here is an analysis of ETHUSDT pair on 4hr time frame. There is rising wedge in long term pattern and falling wedge in shorter term pattern.
Here you can see that there was a rising wedge pattern on daily time frame for BTCUSDT which broke down nicely and currently is at support line. This is time to buy. There is falling wedge pattern on daily time frame which is yet to break out. So, trade accordingly. I think it is a bullish divergence. You can see why my analysis is so accurate by analyzing RSI...
Here is the stock I was looking very very closely for weeks and finally the strong indication of up side move is here. I suggest you to enter into the trade when it retests the trendline. For aggressive traders, enter at your will. Keep an eye on targets.
FTMUSDT Nothing more to say. Just PUMP it already!
On daily time frame, RSI is making lower highs but the price is making higher highs. That in my experience is a bear divergence with clear rising wedge pattern. Keep an eye on all the price levels when ETH breaks down the triangle. The only thing that can keep this from happening is announcement of L2 or ETH2 merge on ETH mainnet
Here's a nice cup and handle pattern on 4hr timeframe in COMPUSDT. Let's see how much bigger pump this one gives! All the important support and resistance levels are drawn already.
Here are the important price levels to watch out for in COMPUSDT. So far, it has followed the levels pretty accurately.
On 4hr and daily time frame I found this rising wedge pattern, which is bearish in my opinion. A good opportunity once it goes down to $40 level. I will be filling my bags with DOT at that price. Trade on Binance with my referral ID: 37359569