1.FAlling wedge, to support to form a expanding ascending wedge 2.During the conversion of wedge there was a Bearish gartley formation 3.Also the kumo cloud formed a tough to break resistance span over the price action which was not easy to break 4.the Double top neck;ine acts as a potential resistance to halt any movement bove that.. 5.If break happens i doubt...
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD i have grown too skeptical of sym tris in crypto charts now a days.... Lets see how this goes... Discailmer... not a trading advice...
DJ:DJI explained in diagram Disclaimer... not a trading/investing advice..
An Incomplete bullish butterfly, reversing from AB=CD or may go down below to 1.27XA.. Tke profit on 0.618AX
Just watching the play.. Disclaimer... Not a trading advice....
possibel scenarios examined, but i am much more for the bullish side, Just using strong retracement areas 382, 618, 886.. Disclaimer.. not a trading/investing advice..
COINBASE:LTCUSD BITFINEX:LTCUSD KRAKEN:LTCUSD Price breakout from the triangle may follow the course of the Gartley CD leg formation.. Then get support from the PRZ potential reversal zone and jump back to any levels, But 0.618 AX is earmarked as a prime resistance to the rebounce from PRZ..Some times the 0.382AX level can also play a...
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD If the longer term bearish bat is successfully triggered, we may reach a tripple top and get another reversal... This theory falls in place with an earlier Bearish bat idea i had caught in formation.... Will be a tonn of experience on harmonics from bitcoins.... Disclaimer... not a trading advice...
A Proper Powerhouse a bearish bat ... Disclaimer... Not a trading/investing advice..!
Bearish bat on a descending triangle... Disclaimer... not a trading/investing advice
The recent bull run was a relief rally which initially was a part of the bearish bar, but the rally is miniscule compared to the working span of the continuation pattern of Descending Triangle..... Plus the Bearish Bat has just an extended PRZ potential reversal zone, but has not stopped functioning.. The bearish stain is still all over the chart, and i have a...
An upward looking handle is always a weak breakout... still high potential of reversing back, due to a descending triangle in a 4hrs chart is in action..which is a continuation pattern...
enough said in the diagram.... Just note this is all happening on a descending triangle frame work which is the longer term structure, so the bat structure may have com truncation due to the triangle effect....A challenge to time right..! Disclaimer... Not a trading advice!
i constructed the bat in a 5mins time frame so might look a bit weired at the first look here.. Also dont be a harmonic doctor n say the points dont match, infact i am super cautious with the points.... if i go to meet the point on the price i may miss the exact point on the price due to the cross hair n pointer blocking the candle top/bottom, so i drop the points...
Double triangle breakouts are nasty and mean, add to that the 2nd strongest harmonic -a Bear gartley... I am excited to see the effect... This is power house! Disclaimer... not an investment/trading advice..!
A descending triangle plus a bearish bat formation...! A very interesting case to follow ... TArgets have been based on PRZ and fibonacci levels (1.27 mainly) Disclaimer...this is not a trading/investment advice..
BITFINEX:BTCUSD A descending triangle breeding ! Brace ! Following the pattern there is going to be a 2 day stall in any major break of price action.... But then its mayhem to 7400 which is the 1.27 fibonacci level.. A bearish harmonic battern is to be watched for...! Or a tripple/double bottom..! Holy thou Shorters..! Disclaimer..This is not a trading/investment...