It is beautiful sight seeing these patterns again, ascending triangles on bitcoin uptrends have very high chance to break to the upside in my experience.
Here are some examples last bull run. The momentum is heavily to the upside guys its time to long the trend.
Its time to use moon cycles again this equinox? will it be as easy again as 2021?, lets take a look...
If we dip below the C corrective wave low we will be looking at a target to the downside. If we hold, it looks like we'll have an impulsive move to the upside.
healthy retracement of a pump and also formed this reversal pattern at the bottom. if this breaks out with volume looking to long this on a pull back.NFA
The alt coin market is on the verge of a potentially volatile move, with several interesting factors at play. The recent candle close above the 0.5 Fib fan, which has acted as resistance, now appears to be holding as support, signaling that something significant may be stirring
However, the most critical chart to watch right now is the Bitcoin market cap...
This could be a huge bear trap setup right here just like 2019.
The SPX500 holding support nicely for now , even though we are hours away from opening yesterday close was pretty good .
If we remain in this ascending channel it would be the final flush out before the next leg.
Lets not forgot the higher timesframes are looking good ,
contracting histogram...
BTC DROPPED with impulse out of a bearish flag last week and now has formed another trend continuation pattern, will be taking shorts if price can break out of this structure
Straight forward triangle here , wait for 4hour to close above resistance line , with a breakout in volume aswell.
Stop loss- 23100
4h RSI coiling up and creating divergence.
Long term investment in crypto.
Buy above - 1.005
Target - 1000 % ++
SL- 55 %
See you after 5 years..
**This post is for educational purpose only.
Please concern with your investment advisor before investing in market related instrument**
"The Formation of a Bump and Run Reversal Pattern in Bitcoin!"
This is an incredibly bullish sign, with a 60% success rate of breaking to the upside, if the neckline is held. In the past, Bitcoin has exhibited this pattern multiple times. For example, in 2019, it formed a textbook bump and run after a 14.5% pullback following capitulation. Currently, Bitcoin has...
The bitcoin market operates in repeating cycles, like clockwork. The left chart shows Bitcoin's performance in April 2019, after a significant increase, taking it out of a capitulation range. The right chart displays the current situation, and the strategy so far has been straightforward: just look at history. If the cycle repeats, we can expect a breakout in...
The instrument has increased volatility.
The last attempt to update the maximum led to strong sales pressure, I assess this as a weakness of the buyer.
Against this background, a triangle was formed, in which the price has been pressing against its lower limit for a long time, the volumes are falling.
I expect an impulse exit from the trade down with the goal of...
BTC looks like it will do its pullback like the previous charts. BTC hits the target and instantly sells off quickly as massive bears come in. We will see it found resistant somewhere around $19200. These are daily and weekly analyses. Follow for a more free analysis. Post below your thoughts; I would love to hear your ideas if you want me to do a TA for any...
Data: seems to enter into a new volume zone
Interesting to check the next trends.
There is no guarantee it will increase further, it's about the watchlist following.
AAVE Bullish Daily Timeframe
1.On the Daily Time frame We got Strong Bullish Divergence, when the candle goes downtrend but The RSI goes uptrend
2. On the daily time frame an asymmetrical triangle pattern is formed which will occur, if valid I will enter in the 0 Fibonacci level area at $ 52.25 and for the first Take Profit in the Fibonacci 1 area at the price...
