#ETH/USDT
$ETH is inside ascending parallel channel, and now faced resistance zone between 0.5 and 0.618 fib levels of last 4h swing down.
🐻 rejection from this zone and break down from lower line of channel can drop price to $600 as channel will act as bearish flag.
🐮 break out from middle line can increase price to $1500 to complete the double bottom pattern.
#Crack #Bitcoin #Binance #1D
We explored all possible support zones using bearish continuation patterns and their Fibonacci extensions.
Please take it lightly, as it is only analyzed as a Fibonacci trend extension of bear trend patterns without any other technical analysis.
Sections containing the Fibonacci trend extension level of the large turquoise bear...
Measured move as illustrated, shows that we have fulfilled the projected length based off the previous retracement before the flag formed, aka the "flag pole"
Hey traders. in this week we are monitoring EURUSD for a selling opportunity around 1.061 zone, once we will receive any bearish confirmation the trade will be executed and shared on the premium channel.
#LINK/USDT
$LINK is inside long term falling wedge pattern, and in short term time frame there is a parallel channel that can act as bearish flag.
🐻 close a daily candle below lower line of parallel channel can drop price to lower line of wedge that is around $3.
🐮 but if price hold the ascending channel and break out from upper line of wedge, it can fly to...
Considering both the Bear Flag pattern and the Stochastic Relative Strength Index on the daily timeframe, as well as the weekly timeframe pattern, BTC's eyes are on the grave. The search for liquidity at a much lower level, in the $18-20K range, should not be overlooked. Of course, we may see an increase up to $35,000, but this possibility remains a difficult one...
I'm looking at 6h time frame and have noticed a bear flag the the mentioned targets and at the same time a symmetrical triangle with the targets mentioned on the chart.
Welcome back! Here's an analysis of this pair!
**EURAUD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in...
Platinum looks interesting right now. On a 15-min chart, we see price in a bear flag pattern. On top of that, Relative Strength Index (RSI) shows waning momentum, adding evidence to a potential price breakdown.
Couple this with a longer-term daily chart, prices are trading in close proximity to a long-term support level of 914 & 883. With the 914 support...
#ADA/USDT
$ADA rejected from upper line of falling wedge and shaped a bearish flag pattern in lower time frame.
🐻 break down from lower line of channel that can act as bearish flag, will drop price to lower line of wedge that is the same with support zone.
🐮 holding the lower line of channel may help bulls attempt another try to breaking the upper line of wedge.
U.S. Dollar forming a bearish flag channel in H2 timeframe, you can to view in H1 too, but in H2 we see one thing very good in this analysis. Because in the price action, we formed now a bearish engulfing pattern. But into this price action, we see a bearish flag in formation that the price could to drop. And right now, we forming a Shoulder Head Shoulder (SHS)...
Hey traders, above is a technical overview on BTCUSD and the most important zones to watch, we are watching Bitcoin for a short term buying opportunity around 20.3k zone before considering to sell around 22k-23k as a proxy to fed tightening the Balance sheet. once we will receive any confirmation the trade will be executed.
Trade safe, Joe.
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Welcome to this quick BTC update. Our previous analysis went perfectly accurate. We told you to open a long position when BTC was at $18k and pumped to the $20.8k level from there. Hope you guys make good money.
Now, BTC is forming a bearish flag-like pattern in 1hr time...
![BTCUSDT: [Bitcoin] Worst 3K? Expected support identified by bear trend](https://s3.tradingview.com/x/XP02mv07_mid.png "[Bitcoin] Worst 3K? Expected support identified by bear trend")
