#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...
BTC making bear flag and also we are seeing strong resistance on fib channels. The support are turning into resistance so a retest and more downside is coming. Entries are on chart.
A possible bearish flag pattern backed up by the 20ma crossing below the 50ma. Also the NZDUSD pair has been in a steady decline. I currently shorted the pair. We must keep in mind it has been oversold according to the RSI, so there may be some short term upside.
#DOT/USDT $DOT is below middle line of parallel channel. 🐻 if price hold the resistance of middle line of parallel channel and break down from lower line, this move can act as bearish flag and price will drop to support zone around $16. 🐮 if price break out from middle line we can see an inverted head and shoulders patten and price can head up toward resistance...
Not for trading or investment BITCOIN STILL IN A BEAR MARKET, AND IS FORMING A BEAR FLAG. So be careful
Hello Birdies, Lets analyze BTC once again. @VincePrince just posted same flag while I was writing this :) Chart: BTC making a huge bear flag We plotted 3 resistance which is in play (which can you help scalp the BTC ) 2 resistance are from ATH of May and Nov 1 is a local resistance. Trend based Fib time Analysis: Price is squeezing between...
Hello Birdies, Lets analyze BTC once again. @VincePrince just posted same flag while I was writing this :) Chart: BTC making a huge bear flag We plotted 3 resistance which is in play (which can you help scalp the BTC) 2 resistance are from ATH of May and Nov 1 is a local resistance. Trend based Fib time Analysis: Price is squeezing between...
Hello everyone On daily chart on MANAUSDT we can see a bear flag pattern appeared and we have good amount of shadow on our last couple of candles, So I believe it is safe to say there is a possibility of a bear market here,but where is the next support level ?? We also can see a divergence happening on daily chart. All I can say here is that I hope the...
I did some visual updates and im trying to work with single horizontal lines instead of making a huge rectangle that was tilting me a bit ;d Thats my first ever analytics where after some learning tryharded in analysing that in "my way". I expect BTC to go once again above 48k then run down to ~30k if everything will play out.
hello everyone Bear flag of the may continues with a red candle on April, but we have divergence both on weekly and daily, With the price this close to support level of 1.078$ we have a better chance of having a wedge behavior here( weak trend lines may not be in the favor wedge pattern). resistance level 1.09$
DJI on the 4h chart is trading near to a daily support. The price after the recent top creates a right shoulder and is testing the neckline area with a possible bear flag formation. How can i approach this scenario? I will wait fro the EU market open and if the price will break below the support area i will check for a nice short order according to the...
MANA is progressing in side an big descending channel. For now we see a bearish flag with two strong resistance and ichimoku cloud is also acting as resistance. Buy @ 2.2 - 2.25 TP1: 2 TP2: 1.8 TP3: 1.7 TP4: 1.6 TP5: 1.22 STOPLOSS: 2.3
This is my idea for Bitcoin for the upcoming months. Bitcoin will first visit 50k, the top of the rising wedge / bear flag . After the 50k BTC will fall because of the macro economic circumstances. Posted it few days ago but it was banned so again.
Possible bear flag? Trigger could below 982.37 with targets at 976.26 , 961.49 and 945.95