Using my Technical Analysis Kit, I identified a profitable opportunity based on the confluence of several factors: potential stopping volume, mean reversion, and three signals from the RO Flash script. This resulted in a modest but satisfying ~2.75% gain. As I am gradually resuming my trading activities, I am relying on my intuition and the expertise I have...
Greetings, fellow traders! I have identified a potential 5% profit opportunity on ETHUSD. The RSI indicator suggests that the bulls are gaining momentum in this dungeon of despair 🐂. The RO Flash indicator confirms this bullish sentiment by flashing green 🔥. I have placed a stop loss slightly below the target of the Rising Wedge pattern (kudos to TradingView for...
Hey traders, are you ready for some action? 😎 The RO Flash indicator is flashing green, which means we could see some bullish momentum soon. We’re also nearing the end of a falling wedge pattern on the 1H chart, which is a classic reversal signal. I’m aiming for a 5% profit on this trade, because I like to keep it simple and realistic. 😉 This is the third time...
I'm getting back into market analysis, forgive me. So looks like ETHUSD wasn't able to hold onto the 236, and using the Martyv TA Kit I am able to see from a few different schools of measurement ( elliot waves coincide roughly with the 236 on the 45-min chart, and on the 30-min I do see a lovely indication from the RO Flash (Rocky Outcrop, check him out on YouTube...
Is $ETH about to break to the topside of this ginormous descending wedge? 👀 If so, this would be a great time to punch through that 🛑 Ichimoku Cloud. Tea leaves! 🍂 * Eyes on You by Sara Bareilles plays in the background*
Descending wedge ready for a breakout? Measured move upwards to test the 200 SMA? Which also happens to be the .618 profit zone? Confluence? Could be in the cards. Look out for the red Ichimoku Cloud!
Looks to me like we're still within this harmonic leading to 3,500
Will we see a Harmonic Gartley take us to $3,500? We've got a red itchy cloud to get through, but now is a good time to do it and that could land us cleanly at the 200 SMA and our ever-popular Fibonacci .618 profit-taking target. Confluence abound??
Just looking at the 5-day candles, looks like it's trying to drill down below the .236 - if it does, could we see an AB = CD confluent with 200-period SMA?