XBTUSD
Comment:
My mistake. The target is around 6760.
Comment:
RSI sideway movement at the crucial level.
BTC is going to make a direction.
BTC is going to make a direction.
Trade active:
Breakdown.
Small rebound expected at marked price level zone.
Small rebound expected at marked price level zone.
Comment:
Target update :
The red line could be pierced.
5850~6200 is target for bearish flag.
The red line could be pierced.
5850~6200 is target for bearish flag.
Comment:
Then the target of the head and shoulder pattern is around 1850.
Time frame of the chart below is weekly.
Time frame of the chart below is weekly.
Comment:
We also can see inverted Cup and Handle pattern.
In this case, the target is around 3550.
In this case, the target is around 3550.
Comment:
Temporary target reached.
Going down again after recovering RSI
Going down again after recovering RSI
Comment:
Short term target : around 8500
Comment:
RED : HEAD AND SHOULDER (target : around 4300~4400)
YELLOW : BEARISH FLAG (target : around 6200~6300)
YELLOW : BEARISH FLAG (target : around 6200~6300)
Comment:
Expecting price action like this
Comment:
Huge drop from 8500 to 4000 for 10 days(29th March)
Comment:
Trendline of RSI has been broken.
The current BTC price action is forming bearish flag which will lead us to double bottom.
There is enough RSI room for downward.