Head and shoulders pattern with retests of major trend line . This happened multiple times recently on Bitcoin daily-weekly showing distribution which I would post as an example but I can’t on mobile.
Apologies on the complicated drawing but the test of the major trend line are the key points. Almost every time I’ve seen this distributive pattern in results in a bearish move like it is taught.
Doge bullish falling wedge Dogecoin / US Dollar (calculated by TradingView) BINANCE:DOGEUSD rfc4 Weekly chart view of $DOGEUSD. Historically, DOGE has respected the 200 VWAP really well which could be a great place to start […]
BTCUSD outlook. Possible break down Bitcoin / U.S. dollar BITSTAMP:BTCUSD jamstock BTC is squeezing up and forming a bearish flag / ascending triangle . We expect BTC to break the pattern for a move to […]
FTM bounces hard Fantom / TetherUS PERPETUAL FUTURES BINANCE:FTMUSDTPERP kjrthi As you could see FTM made a strong bounce from Fibo 1 targetting the next resistance at 0.786 Plus we got a bullish Divergence on […]