SHIBA World (Update)Hi every one , Usually any price drop is not unreasonable. Check the technicality of the red arrows, on the other hand, the dxy dollar index also returned to its broken trend, and I expect the growth of bitcoin and shiba .
Parallelchannels
SHIBA World (Update)Hi every one , i changed parallel channels and we have new 2 scenario for up trend , maybe blue line and triangle happen first .
MANA USDT channelNice channel created using a simple regression. Enter when the price goes lower than 3.8 sell back again mid channel.
HBAR / BTC Weekly Parallels, Potential Targets, Dec Week 1 or 2Was playing around with a new idea for HBAR / BTC weekly chart here and decided to share:
HBAR has been in two different parallel channels on the weekly:
Red Parallel: started with our first move up, has weakened but still wicked to the top of the channel and hasn't yet broken below.
Purple Parallel: has held above our first move up, and has cleanly reached the top of the channel 3 times now, has yet to reach the bottom here (if it did that this week, it would be around 586 sats).
Assuming we stay at least within the purple channel, or even the red - potential targets for 3 weeks from now are drawn in white:
- Targets touching the red channel bottom, mid-point, and top are based on not dropping below the bottom of our red channel.
- Targets touching the purple channel bottom, mid-point, and top are based on not dropping below the bottom of our purple channel.
Invalidation of Idea:
Dropping and closing a weekly candle below both channels cancels this plan.
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Original / Related Ideas Based on a Long-term Double Bottom Pattern for HBAR are Linked Below
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BTC is a finest SL hunter these days. #BTCUSDT #Binance #Daily #Midterm
- What a sharp drop! Bitcoin was rejected thoroughly at 52K zone which is around bottom of the major orderblock formed around early May 2021.
- I have addressed this very resistance gathering technical factors such as numerous upward trendlines, top of the parallel channels, and projection/expansion/retracement levels of the wave structures.
- In my Elliott Wave perspective, since Bitcoin has failed swing high, I am leaning slightly more towards the 52K high being the end of the wave B and thus expecting another bearish wave to come which then would be wave C.
- In a shorter term, make sure to consistently check whether bottoms of the yellow and white channels are valid.
- From the fact that the bottom of the recent dip happens to be located at the LVP(Low Volume Peak), I will definitely be more bearish if bottom of the yellow channel fails supporting.
- Here are some of the areas that I find them attractive to enter long position if we observe more drops: 37K~38K (Valid until 9/18), 33.2K~34.8K (Valid until 10/05).
- If these supports are broken later, according to many wave theories and methodologies, I strongly expect Bitcoin to rally down to test the mid-term bottom around 29K. The ultimatum support that I am considering is around 23K~25K.
- Lastly, if Bitcoin sort of forms widening or broadening pattern and make an HH, the next resistance that I deducted is 56.5K~58.5K.
What is a Price Channel?A PRICE CHANNEL APPEARS ON A CHART WHEN A ASSET'S PRICE BECOMES BOUNDED BETWEEN TWO PARALLEL LINES.
Bitcoin appears to be in price channel since 18May!
Some traders love Parallel channels as they they can keep buying and selling between to get profits.
While other traders like to trade Breakout on Parallel Channels.
How do you trade price channels?
⭐ Pipes are buzzing | Amazing pattern to trade on A very good breakout from this channel :)
Quite tradable with proper risk management
BTC made a low springas we see now BTC made a low spring which makes a high chance for buying I think tp will be 54600, if you have another idea please write it in the comments
$SUNW Target PTs 16.50-17.50 and higher...in Parallel Channels: Sunworks, Inc., through its subsidiaries, provides photovoltaic based power systems for the agricultural, commercial, industrial, public works, and residential markets in California, Massachusetts, Nevada, Oregon, New Jersey, and Hawaii. The company also designs, finances, integrates, installs, and manages systems ranging in size from 2 kilowatt for residential loads to multi megawatt systems for larger projects. In addition, it offers a range of installation services, including design, system engineering, procurement, permitting, construction, grid connection, warranty, system monitoring, and maintenance services to its solar energy customers. The company was formerly known as Solar3D, Inc. and changed its name to Sunworks, Inc. in March 2016. Sunworks, Inc. was incorporated in 2002 and is headquartered in Roseville, California.
$THBR Advent Technologies Inc. to combine with $AMCI AcquisitionAdvent Technologies Inc. to combine with $AMCI Acquisition Corp., creating a leading next generation Fuel Cell Technology Company
$THBR update: Combination with Thunder Bridge Acquisition II on Track to Close Early Spring 2021
Clears Hart-Scott-Rodino Transaction Hurdle
Company Sees Strengthening Autotech Demand and Sustainable Order Pattern
Reaffirms Strong Revenue Outlook for Above Market Growth
Current Industry Shortage of Automotive ICs Underscores Strategic Market Opportunity
The spacecraft is refuelingOANDA:XAUUSD
We are currently in a downtrend
It is a bit difficult to decide in this situation,
but we should not forget
that gold can be forming a flag pattern
and want to have a strong movement after
breaking the triangle ceiling.
Ultimate Pain ScenarioWe are of course super bullish in crypto right now. What a better way to kick off a bull market than a run to what seems ATH then a pull back to current levels? Seems like something whales would love to do.
BTCUSD swing trade for Breakout or Pull-back on CongestionBTCUSD has been playing a little stalemate with us as of the past week. As evidenced by the green parallel, there has been a strong trend upward since the Covid pullback, but that trend has become weak in recent days due to sideways price movement. Timing a breakout or pullback can be difficult, but I've set some price guidelines where the congestion channel intersects with the uptrend channel. Depending on which of these prices BTC hits next, we should expect a breakout or pullback.
LIVIDITIUM [BTC] {PREMIUM}Optimised dynamic fib channels for BTC on the 1D chart.
Major "BUY!" signal triggered.
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GBPJPY 10.06R and 1,650.4 Pips Trade Idea (February 1, 2020)GBPJPY Parallel Channel Trade Idea 2020/02/01
