rising wedge on daily time frame short eth for smaller time frame
RSI has reached the overbought zone. The news is favorable. Strong fundamentals and favorable technicals can lead to magnificent climbs. Unless the events behind the scenes want to pull Bitcoin down again. In any case, according to the chart, there is a possibility of a logical correction up to the prices of around $31,000 and $32,000. Maybe a little lower than...
This Is 1 Week Bitcoin Triangle & Trajectory ^.^ Let Me Know What You Think ^.^
A profitable deal before the weekend. I expect the asset to gain in value in the near future. Impulse movement is possible
BITCOIN WEEKLY CHART PATTERN As per last year first Downtrend starts in June 2022, the complete wave moves on Bearish Expansion Triangle Pattern, that's last cycle will be complete on May-June 2023 with last Lower-Low of $13.5k - $12.5k and after that big #Bullish wave starts from Aug-Sept 2023, and after October #Bitcoin will Moves forward with full #BullRun mode.
El Salvador Accept Bitcoin As The Legal Tender Currency It was recorded that the price of Bitcoin on Tuesday, September 6th had an approximate loss of 11% in total following the crash of the Salvadoran government legalised crypto storage App. In regards to this news, the price of Bitcoin had a 7 days price change of -6.34% during the close of the last trading...
Bitcoin doing some notable correction - down to 33k or so we go and then rally to 70k by October or earlier. Don't catch a falling knives with bear hands - use steel bucket instead :) lol Trade / invest with caution. Happy Trading y'all
BTC failed to get back above the key structure and closed the daily yesterday red, today its likely we fall and fill in the wick of the daily candle, still waiting for a valid entry and more confirmations before i can long, but we are for sure approaching the bottom
The Channel: After hitting the highest price (more than 13K) the price action of leading cryptocurrency is moving within a down channel since 27 Jun 2019 and now it is again closer to the support of channel and likely will have bullish bounce from this support. Oscillators and Moving averages: The 100 simple moving average has formed a death cross with 200...
Pattern: Double Bottom DEFINITION of ‘Double Bottom’ A double bottom is a charting pattern used in technical analysis. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound. The double bottom looks like the letter “W”. The twice-touched low is considered a support level.
Pattern: Support Level DEFINITION of ‘Support Level’ Support or support level refers to the price level below which, historically, a stock has had difficulty falling. It is the level at which buyers tend to enter the stock.
Pattern: Double Bottom DEFINITION of ‘Double Bottom’ A double bottom is a charting pattern used in technical analysis. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound. The double bottom looks like the letter “W”. The twice-touched low is considered a support level.
Pattern: Triple Bottom DEFINITION of ‘Triple Bottom’ A triple bottom is a bullish chart pattern used in technical analysis that’s characterized by three equal lows followed by a breakout above resistance.
Pattern: Double Bottom DEFINITION of ‘Double Bottom’ A double bottom is a charting pattern used in technical analysis. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound. The double bottom looks like the letter “W”. The twice-touched low is considered a support level.
Pattern: Support Level DEFINITION of ‘Support Level’ Support or support level refers to the price level below which, historically, a stock has had difficulty falling. It is the level at which buyers tend to enter the stock.
Pattern: Double Bottom DEFINITION of ‘Double Bottom’ A double bottom is a charting pattern used in technical analysis. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound. The double bottom looks like the letter “W”. The twice-touched low is considered a support level.
Pattern: Triple Bottom DEFINITION of ‘Triple Bottom’ A triple bottom is a bullish chart pattern used in technical analysis that’s characterized by three equal lows followed by a breakout above resistance.