This study is not a trade suggesion, it is only my opinion on the basis of my belife and study. EUR-USD is working in a parallel channel since 4th of march 2022 now its on the verge of a breakdown/reversal . lets wait and watch for a perfect timing to enter. post your opinion in comments below - Wheather it going to bounce back into channel OR Will it...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC analysis. BTC did a nasty sell-off and dumped hard. I'm expecting a bounce from $37k but it didn't happen that's why my previous chart is invalidated. Now, BTC breaks below the bear flag in the daily time frame. So if this pattern going to be played out...
We have published this idea back in early March. BTCUSDT bearish flag is possibly breaking down and playing out as expected. Would expect a retrace to ~$38K before it continues its downward movement. Major support around $30K. FED move to reduce balance sheet (QT - taking liquidity out of the market) will keep pressure on the risk assets. Cryptos are moving in...
Fibonacci Retracement 188.6% new intraday target. Chaikin Money Flow dives below zero. Fisher Transform H2 bearish momentum. 37/36.9k is the key level to short this currency in a top of the bearish flag (triangle) in formation. I put gasoline on this road. Pivots all based on Fibonacci ratios.
TSLA forming a Bear Flag on the 1H Timeframe. Time to short and let this big bear flag play out.
This is my unbiased observation on #Bitcoin price move as seen on the lower TF (4hrs) and the higher TF (Daily). As seen on the chart: The 4hrs TF clearly shows a Bullish flag Pattern has been boldly printed which signifies an upward move in price to the $48k - $50k region. Moving onto the Higher TF, a large Bearish Flag can be boldly seen printed on the chart...
Hello everyone In the past week we witnessed a steep bear market structure bringing us to channel that we have last been on July of 2020.In this situation we may get to see the price lose the sharp and steep momentum's of the last week for GBPUSD. In addition to what we have seen so far , we may get lower prices for GBP. With the support level of 1.25$ and...
This is daily renko chart with 1% block size. Renko cuts out all the noise and shows things from different perspective. And it looks like btc has formed a bear flag and we just had a break out to the downside. No price targets yet, but let's see how deep it can go. Do you think this is a bear flag?
In my opinion, I believe Bitcoin is going to go up all the way to the resistance line, and then drop down past the support line and crash. It is probable, since the bearish flag has been forming since last year. It is also reliable, since the time frame is very big and the flag has a massive range. DISCLAIMER: This is a prediction and can’t be considered till...
ADAUSDT is in a bear condition to a short day trade. Analysis based on Fibonacci retracement fundamentals for the price action lecture and Ehler's Fisher Transform oscillator.
#EOS/USDT $EOS 15 min 🐮 inverse head and shoulders can increase price to upper line of parallel channel. break out from parallel channel can increase price to 0.5 fib level of daily swing down around $2.3 🐻 rejection from upper line or middle of channel can shape bearish flan and drop price to $1.78
As you can see from the graph, there is a falling wedge inside of a bearish flag, which itself is inside a bullish flag. Normally, when patterns are bigger and in a bigger timeframe, they are more effective. This probably means Bitcoin is about to explode. BITSTAMP:BTCUSD
#BTC/USDT $BTC trend lines 🐮 falling wedge + divergence between price and RSI in 4h time frame 🐻 bearish flag pattern in daily and weekly time frames
#BTC/USD $BTC broke down from ascending channel. 🐻 price can have a boring moves between $40k and $37k for days, then drop more to $35k. and breaking down from support of $33k will drop price to $30k and $27k. 🐮 if bulls success to keep the support of $35k price can head up to middle line of weekly channel.
Hello everyone The bear channel of DGBUSDT is turning into a wedge pattern ( tight one)that shows a possible reversal or a steady bull channel formation in the next few days. On 4 hours chart however,we can see a small bear flag pattern and a possible head and shoulders pattern, which shows, that market can touch the support level ( 0.0225$)and come back and...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC /USDT update. BTC is not looking good here. Let's get to the chart first. BTC is making a head&shoulder pattern in an 8hr time frame which is usually a bearish pattern. It also breaks down the neckline of the head&sgoulder pattern and currently retesting...
Keep it plain, simple and minimize the noise! Here we have a bear flag, or what some people where viewing as an "Ascending Triangle". It doesn't matter which pattern it really was, as all patterns have the probability to go both ways. We broke out to the downside, now I am waiting for a bearish retest to confirm lower prices. The reason I am waiting for a...
* Was in a down trend * Has been in a potential bear flag from mid January 2022 * Despite it breaking down from the potential bear flag, there are multiple levels of support before it reaches its measured objective. * Key level of support being around the $30k mark * The trend line extending from Jan 24, 2022 may act as a confluence of support with $37.5k...