Bear Flag... FRS +75 or 100% rise up 27 july GDP 28 July bad ....
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BTCUSD Daily TF Interested to see if this bear flag pattern plays out again this year. As a precaution, I've exited most positions with the anticipation of the internal support failing which could see a selloff back to the lower band of the ascending channel which is building up a pretty nice bear flag. I think that if this moves it'll be quick, very similar...
Hi everyone, Thank you for considering reading my idea. I've been tracking this bear flag since July 9, 2022. We recently went above the pattern and we're now inside it. Technical Target around $13.5K which is also the 1.618 level of a Fib Retracement. Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR. Cheers, Juvs
#Crack #Bitcoin #Binance #1D BTC finally broke out the $21,654 resistance, which is the 0.5 level of the Fibonacci trend extension, which has been a solid resistance since the formation of the low on June 18. With a strong bull trend, even the purple convergence top has been broken, and it is currently confirming support at $21,654. If the $21,654 support is...
Tether and stablecoins flowing into alts, BTC dominance leave space for ETH the last bull run all started with prolonged BTC.D growth, an altseason at that point could hurt some more BTC and prevent dubious coins to be purged, but it can also reward bold and innovative project. Not sure what to think of the recent PA, lot of similarity with previous bear flag...
For the short term i see those scenarios. On the 4h timeframe price broke 200MA (red line) and currently trading above it. To follow Yellow and Orange scenarios Bitcoin must hold above 20k. 200MA on 4h timeframe was strong resistance since 10th of april and in my opition that's why it is important for now. Current market structure is similar to bear flag so if...
S&P500 is in bear flag right now and today is testing the resistance that caused a lot of drops in price. Rejection is possible
As recession started few days ago .. and my idea still stands. 1 more leg down .. happen should be about 12K if not then around 10K. If you are still in a buy secure your profits immediately; opposite side of you are in a sell position MT4&5 stay in for a swing trade big profits in your way. If you are looking for a buy highly suggest wait around 12-10K.. bear...
This is my idea about the bitcoin on the 1-day chart making a bearish flag pattern and if it can't break the resistance it will fall to 1400.
When looking at BTC on the Daily timeframe, we can see that it has been trading in a descending channel since March 2022. Every time the price moved down, it consolidated into a bear flag pattern which eventually was followed by a downward move as expected when that pattern is printed. When looking closer at this channel, we can see that BTC is starting to print...
We can see a Bearish pennant pattern on the #NDX. But, even if we see this pattern it's too early to bet on... Let's see the breakout before. In fact, this pattern has a low success rate (Only 55.19%). #LessTradeBetterTrade
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. BTC is bouncing from the $19k support pretty well as we told you in our previous update. BTC is still trading inside a bear flag and currently trading near the middle line of the channel. Scenario1:- If BTC got rejected from here then we again...
#Crack #Bitcoin #Binance #1D The support in the $19,828-$19,118 section, which was mentioned as very important in the previous briefing, succeeded, and it held the previous candlestick along with a buying trend, showing the possibility of a rebound. However, it can still be viewed as an extension of triangular convergence or an extension of a bull trend, and...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. BTC is continuously dropping after the rejection from the $22.5k resistance level. It is forming a bear flag in a 12hr time frame and currently hovering near the lower trendline of the flag. As long as BTC stays above this lower trendline ($19k) we...
#Crack #Bitcoin #Binance #1D Since the last briefing, the buying trend has not been continued, and it is showing a trend change by making Doge Candles and then falling. At this point, the blue medium-term bearish wave does not appear to have broken through the resistance of the 0.5 level Fibonacci trend extension, and it looks like Bitcoin will soon reach a...
#ETH/USDT #update $ETH broke down from ascending channel, so bearish flag activated and price can drop to $700 and lower.
#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.