we have a huge opportunity here as you can see the descending triangle is almost complete and a drop should be imminent
we are resisting at the 9500 channel that is gonna break down
if everything go as it usually goes with the descending triangle we should see BTC at 7338 (our next powerful support).
BTC shows a strong bearish favor in weekend
After a dump and pump of BTC on Sep. 19, 2019, BTC's price has formed a descending triangle pattern on the M30 timeframe.
Though local resistance prevents BTC to go down, most of the indicators on most of the lower timeframe (H4 and lower) point to bearish favor.
Though triangle patterns are the bilateral patterns,...
There is ALOT of weakness and manipulation going on at this APEX however this reminds me of that drop we had in BTCUSD from 6200-3000ish but in a much smaller pattern than before which naturally means it will not drop too spectacularly as it did then. Instead I do believe that this is making a much larger bull flag on the macro-scale to be able to take the next...
BTCUSD bounced off 10091.0 where it could potentially rise further to 10750.0.
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Without getting into too much detail right now I’ll come and update later on my tp 1.2,3 timetables & updates figures. I’m way too jaded right now to say anything other than:
When in doubt, zoom out !
Stop & 10,044$ though I believe we are on par for a new ATH settlknt slmewhre around 12.2-12.8K I’lleg again will update mich more than this...
BTCUSD expected to rise up to 1st resistance at 10604.9 where it could potentially react off and drop down to 1st support at 9729.3.
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Dragon Formation Heading North; Possible Breakout to the Topside
The Pitch Line is Dropping through the Top Channel Band, and Bitcoin Recently Dropped with the Lower Right Leg of the Star of Enoch; Bitcoin is also Trending in the Top Channel of the Cycle Band, which is Moving Up and Heading North. This Should Push Bitcoin and the Dragon Formation Higher, for a...
Hello my friends. It's Crypto Ranger K.
Yesterday there was a reason I was busy all day, and I didn't post my analysis because I thought the direction of all coins became clear. I believe you are all getting good results. I hope that all of you who are reading this article will take big profits from this rise.
I think the price of BTC will still fall, but there...
From 9/15, Day 1 with sharing with Tradingview.
Scan Type: SELL Alpha Fall
Pattern String: BCFHILNORS
Sell At: 10364
Cover Target: 9792
Total Occurrences: 6
Total Net Long Wins: 6
Percent Net Long Wins: 100.00%
*Note: Please note this is not a "prediction" by AI, it simply compares the past pattern with the current situation.
For example, on...
Bitcoin has been consolidating within a triangle for several weeks, the range is tightening and BTC is soon to reach a decision point. Im leaning bullish, given the recent bearish sentiment towards BTC. Either bearish or bullish, bitcoin is presenting a great R/R opportunity in both directions.
X FORCE CRYPTO ANALYSIS:
Hello bears and bulls. We are currently consolidating and we are approaching another imminent breakout to the downside or upside. For this reason, we believe it's best to update now on what we believe is the best case when tallying the probabilities. We are finding 10.1-10.2K as an area of interest for opening a...