A lot of AMC apes are worried about the day-to-day price movement. In my opinion, as long as it doesn't drop below 14.50 for more than a day, I'm hyper-bullish on a run up between now and the start of August.
Keeping calm and accepting that this could take a couple more months before it blows will do wonders to investors' mental health. Stop worrying about...
As we posted in previous idea BTC is trading inside a bearish triangle and its broke out of it. Most youtubers still saying we are bullish but birdies are not.
We are seeing a rectangle which is a continuation pattern means soon we are going more down to hit our target which is 40k-41k.
We may go down from here or we gonna retest the neckline of triangle but...
Price has painted a nice gartley, and you can see this long term triangle being formed. There's actually two triangles here, and depending how bullish it is, either the yellow one will act as support, or it might try for 0.17 again, but that would be like a 50% drop, so probably not.
Fib extensions have given further upside resistances.
Looking at BTCUSD on the Weekly TF (LOG) It was apparent that LT Trend touch attempts were made by the Bears after ATH levels had been locked in.
With the current Weekly Bear Flag formed within the current Ascending Range, I am questioning whether another LT Trend retrace is in play.
Noted there is some strong Support to break and hold BUT as former ATH (20k...
Although I'm waiting for my Bearish Shark Pattern on both 4-hourly and Daily Chart. I am more interested to wait for a shorting opportunity in this descending triangle setup.
Either a retest of the descending trendline or a break and close below the support line could be a sign for me to get involved in this shorting opportunity.
With that said, rules of filter...
The price is creating an ascending channel on the daily timeframe below the weekly resistance after the price got liquidity as I told you in my previous idea on 0.886 Fibonacci level
On 4h timeframe, the price is creating a descending channel and now the market is testing the 20$ resistance
How to approach? the price needs to have a clear breakout from these...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this DENT/USDT TRADE setup. DENT looks amazing here.
DENT is a very promising project for which I'm quite bullish in 2022. DENT is trading inside descending triangle in the weekly time frame. Last time when it breaks the same kind of triangle it pumps more than...
Overall trend on a daily timeframe is downtrend forming a descending triangle (black line).
the major support line (0.78% Fibonacci retracement level is the $0.5546
on the other hand we are looking for a divergence where the "ASCENDING TRIANGLE" is forming. If it hold, price will breakout of the descending triangle and touch the nearest "local resistance" (black...
Based on the chart, the price has stuck in channel and descending triangle
this
is the last chance for the price to gain more profit (if the price breaks the resistance area ($2.35 t0 $2.55) to the upside) 🚀
and if
💡📖 we lose the support zone ($2 to $1.75) we will see correction and log time range for the price 💡📖
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC /USD update. Here I share with you a 4-day chart of BTC. The upcoming months will be bullish for BTC and I'm expecting it to reach around $60k-$70k in June or July.
Here I explain a few points why I'm expecting this:-
1) As you see in the chart BTC is...
- I hope you are ready for the upcoming alt season in 2022!
- We have a descending triangle on the weekly time frame, which is definitely very bullish for altcoins.
- Bitcoin Dominance is going down and there is still no signs of trend reversal.
- ABCDE triangle should be completed and now we are waiting for the huge breakout!
- Previous swing low resistance...
Or, will we see a sharp decline due to a hole in the wall front running leaked financials that are dismaying? And maybe even a good ol Tinley fashioned PP below the trading price to compliment the short-selling pressure of TNYBF and bearish sentiment.
I have placed green arrows on the chart to signify fake-outs of the Macro Descending channel and Micro Bull flag...
Keeping an eye on ALGO/BTC. It doesn't look pretty, but there may be an opportunity developing in the next week or so. We're currently testing the Support of a large Descending Triangle. Descending Triangles are bearish and so a break down (at some point) is expected. Combined with the recent bearish momentum and overhead resistance, I'm inclined to think the...
Matic has been forming a descending triangle pattern , illustrating that a bearish move for completing the wave (5) is expected. Moreover, market is almost down and empowers our scenario.
-Good luck-
As we can See GMT creating a Down Trend Channel by confirming the LL 4 times, and we should wait to see a breakout of the symmetrical triangle, and than decide where to go, be careful of Volume there is lake of volume, even +10% today but it's danger to enter a Long position with an Exploded coin and an unconfirmed Bull/bear Market.
GOOD Luck Everyone.
