in the previous educational post, I posted about Rising Wedge patterns and in this post, I have explained Falling Wedge Patterns. ( Falling Wedge is the opposite of Rising Wedge pattern; for every chart pattern there are opposite patterns excluding some.) Falling Wedges are Bullish Patterns and it generates a bullish signal, Falling wedge patterns forms with...
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. #BTC/USDT UPDATE:) BTC is forming an inverted Adam and Eve pattern which is generally a bearish pattern. Because BTC is still holding the $19k support level. We can...
An Adam and Eve (AE) double top consists of the first peak being a sharp pointed top "A" and the second peak being a soft and rounded top "n". Bulkowski (2005) considers the Adam and Eve double top to be a "poor performer" with an average maximum decline from the sell signal of 18%
BTCUSD💥1D-TIMEFRAME ANALYSIS 💗Hello ladies and gentlemen This is my new idea for 💥BTCUSD I hope my idea is clear Support me by like and share thank you Stay Safe💯💲💲💲 Good luck💰😍
We have discovered that a bear flag was made and it broke down, Technical target of that pattern is $7075. I am NOT saying this is going to be a hit for sure but just sharing this analysis which we recently discovered. We might see a retest towards $21500 and then break down. Another confluence is rising wedge on 4H, Technical target of that is $18,474. We are...
$BTC bearish path continues to be playing out and has wicked below the 20k ATH support, also for the 1st time in history went below its previous ATH after making a new All Time High. Bitcoin is now down 70% since the 69k ATH, most $BTC bear markets end around mid 80% range which still targets around 10-13k for $BTC. I suspect we continue to bleed out until that...
I think there is a wave coming this week Note: This is my personal opinion
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. #BTC/USDT UPDATE:) BTC completed inverse head and shoulders and broke upside its inverse H&S the upper side Right now BTC has been 2 hours update retest 21MA and ...
Hello traders, welcome to my new BTC update. Timeframe: 4 hours. Description: Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead it relies on peer-to-peer software and cryptography. Update: BTC has currently formed an inverse H&S pattern in a lower timeframe. Technically, an inverse...
With this inverse H&S, we should always look at market in 2 ways, either up or down. There might be an exhaustion at breakout/retest/fakeout of H&S, and it drops to grab liquidity . Or on the other hand, it can just retest and move up. But be careful, Market makers/whales will grab liquidity both sides.
Lets take a look in BTC daily: BTC is still trading below the daily 9-EMA (red line). The nearest upside resistances are now located at 23000 and 30000 range. The short-term trend remains downward as long as BTC fails to break above these levels. For those interested in longer-term structure, the 200-SMA at around 40000 must be broken above before a larger macro...
after having a reversal number ''Head and Shoulders'' at the level of the week and the breakout of the neckline with force it means that we will still see a continuation of the downtrend
we have head and shoulders pattern near the powerful support on 19k $ . after break out neckline , it can goes to target .
We are not hinting at anything, but Gann Box + Fibo levels in different variations + fractal analysis = can create a miracle for the pair BTCUSDT. We will definitely follow the development of this idea and fractal. If you want to follow this idea, you need to: subscribe to us, like the idea and write a comment (you can with your global forecast) And of...
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. #BTC/USDT UPDATE:) #BTC is forming Inverted Head & Shoulder Pattern in 2H timeframe..!! Right Shoulder is Not Completed Yet.. Remember:-This is not a piece of...
As we see here on Chart , Bitcoin will hit 13k between Juli and August from this Price end the Bearmarkt. Btc very bulish after that to hit 103k between April and Mai 2024.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. #BTC UPDATE:) BTC reversal can form inverse head and shoulder if BTC breaks up we can see $25.3k in BTC if the BTC breakout chart will be invalid. Remember:-This is...