BITFINEX:LTCUSD decreasing volume in a symmetrical triangle, might breakout the positive way, in that case a entry into the trade if good volume spike happens... TO take profit at 0.618 retracement level....
after a huge symmetrical triangle without much effect a ICH, will be interesting to watch.. will consider it as a continuation pattern...
BITFINEX:LTCUSD this is a bilateral trade to be taken, a long followed by a short.. After a long time i see a gartley in the cryptoworld..! Personally never trader a gartley in crypto..!! this is beautiful and if it turns out good, a potential money maker and a compounder..!
a important trendline break has occured... now its a clear bullishness, if 0.382 is broken well on volumes or gap up...
just playing the trend and whistling..!
BITSTAMP:BTCUSD on a rounding top roller coaster
Resembles a rounding arc.....
The BSE:MIDCAP went through the following events.. 1.A rounding top formation 2.Breakout of the neck line 3.Entered into a symmetrical triangle Projections... 1.Symmetrical triangle breakout 2. Bearish bat completion 3. Ichimoku green cloud in potential reversal zone 4.Price rejection by ichimoku cloud 5.Price reversal from prz(potential reversal zone)...
Points in favor of the bears... 1. A perfect rounding top in formation 2.Rsi divergence at the top 3.A bearish ABCD harmonic 4.Trendline broken after many years Points in favor of the bulls.. 1.Ichimoku cloud has reflected the price upward 2.Bullish CD leg of the Bearish ABCD harmonic is still left to be completed 3.Price action is well above the neck line of...
a channel break and retracement of 0.382 may be seen again similar to the last pattern
short at cmp to 0.382 retracement likely on the back of a gross price momentum divergence
abcd pattern failed with reversal from 0.886 level, together with rsi divergence on the back of a double top , the long term and shoer term levels of 0.382AB and 0.618 from the longer term fibo retracement, logics my short...