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CryptoHellas
May 1, 2022 1:01 AM

BTC/USDT Binance 

BINANCE:BTCUSDT240
Bitcoin / TetherUSBinance

Description

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BTC/USDT Binance
4H hollow candlesticks

  • A downtrend parallel channel has formed since the 21st of April.

    Also, a Falling Wedge has clearly formed.

    Support and Resistance main areas are shown.

    A bar pattern repetition shows a possible price movement for the next days.

    Volume increasing.

    Multiple Support & Resistance levels shown as horizontal lines.

    If the price breaks out of the downtrend parallel channel will hit 37000K.

    As if the price goes out of the Falling Wedge, we might see a wick at 34000K, then also a new TA is needed.



BTC = $37,796.42 -2.10%
= 13.80 ETH +0.81%


Dominance: BTC: 42.3%
ETH: 19.5%


Market Cap: $1,697,329,973,825
24h Vol: $81,975,886,708



Good Luck
#CryptoHellas Team

Trade active

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BTC/USDT Binance
1D hollows

A clear Bullish Falling Wedge has formed.
If price breaks out of the downtrend parallel channel, new TA is needed.
A bar pattern shows a possible price movement.


Trade closed: target reached

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Possible Movement.
A New TA is needed.

Trade closed: target reached

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New TA is needed

Trade closed: target reached

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New TA is needed

Trend AnalysisHarmonic PatternsChart PatternsBTCbtc-usdtbtc-dominanceBTC-USDbtc-trendBTCUSDTBTCUSDbtcusdanalysis
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