#BTC UPDATE 3 : In 4H TF smaller Time Frame broadening wedge and breakout going and according to this broadening wedge our target is 22000 to 22400. But we have to be very careful because 21300 to 21700 we have bearish order block + daily resistance. Undoubtedly this is bullish move, but we need to be mindful that we have a bearish order block + daily level...
Hi lads. how are you guys doing ? So, as you can see, btc pumped above 20k levels after we touched 18.5k level. In my last analysis i predicted a crash to 19.3 - 19k levels and we saw that price lowered to those area as well. Now im expecting the continuation of the current upward move. there will be some corrections to the downside on the way as usual but the...
Hi lads. hope you're doing great. So, as we can see, bitcoin is moving in a mid-term ascending channel is being supported by huge buy orders over the last week. Also, majority of the market is bearish atm. I am expecting that bullish moves and waves will start soon. On the other hand, i think btc will go above 26k levels first, before any new lower low...
Hi lads. hope you're doing well. So as you can see btc is still struggling at the bottom of the channel. Data shows that majority of the players are bearish at the moment. In genearl, i think btc will go up from the current 19.5k levels. Also btc can touch 19.3k area before the jump just to trigger as many long positions stop loss as possible. ideal area to...
BTC traded almost 9month in Downtrend channels. In that way BTC trade LL LH and bearish flag also farms and break so, for bullrun BTC should be break this channel otherwise BTC bearish in Higher Time frame..
Simple level to level analysis I found some weakness in BTC here BTC "break of structure" in miner time frame and bearish flag is appear in daily chart So, because of all these references I prefer to open my short trade here Entry 24196 Stop 25000 Take 22636 I hope you will enjoy my thoughts
We're in a rising channel and have been for some time. It looks like everytime we touch or approach the top of the channel, we bounce down off it for about 7 days, hit the bottom of the channel and then in about 5-6 days reach the top of the channel again and repeat. Eventually this channel breaks to the downside or upside as they always do. Scenario 1...
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%
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...
The rising wedge (also known as the ascending wedge) pattern is a powerful consolidation price pattern formed when the price is bound between two rising trend lines. It is considered a bearish chart formation that can indicate reversal and continuation patterns – depending on location and trend bias. Regardless of where the rising wedge appears, traders should...
Descending Triangle in a Downtrend (BEARISH) A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows.
Right-Angled Broadening Wedges come in two varieties, ascending and descending. They consist of a horizontal trend line and a sloping trendline. The Ascending Right-Angled Broadening Wedges (ARABW) have an ascending trendline above the horizontal trendline with price action in between. The Descending Right-Angled Broadening Wedges (DRABW) have a descending...
BTC is performing in a lot of ways, one of which I think is also one of the ways comment me about what you guys think?
hey everyone hope you all are doing good . i am using oscillator this time to find bottom and and i believe we have already made bottom and we could wait until july-august for another final bottom before making new highs . you can see the bottom was found around -14, -18 , -10 , -21 & -15 but final bottom i expect to be near -25 after it we will see new highs but...
Hi Traders, Here's my view for Bitcoin in the next few days; if we don't break the Red Box with a Daily close above 46k, I think we will have a new Bottom at one of the mentioned area in the chart! $31k ~ $28k. This scenario will fail once we close daily above $46k. Entry would be at the mentioned levels, or after a Daily close above 46k! NFA, DYOR, and Good...
Here a small bullish Divergence on BTC weekly , give us hope to see it over 75K in next 4 month !!!! maybe fast pullback to 38K for liquidation !!!
Hi Traders, Here's what I see for the next few hours/days for #Bitcoin! If we succesefuly Break the $41700 Level, This trade will be active, and the targets will be as follow: 45400$ 48000$ 51200$ 54900$ STOPLOSS will be 2 Hours Close Below 40400$ AFTER ACTIVATION. NFA, DYOR, and Good Luck.