Why bearish? 1) Rejecting from upper boundary of global descending channel. 2) Fractal B very similar to A after which we got drop. 3) Virus again in action what can cause S&P to drop and affect btc. 4) Vertical volume declining. 5) RSI in descending channel. 6) Lower highs 10xxx, 99xx, 97xx . 7) Drop out from current up-trend's ascending channel. 8) Pressure...
The price finaly came out of the main resistance zone with some struggle rejections. This will be a good sell week. The sell structure is very strong.
Still Holding EURUSD, must respect the market structure, the price is only bearish at higher timeframes and we got a nice stop growing at 61 of fibonacci
Possible H&S also in the making with targets in #FVG
Just like #apple - Bearish Divergence printed, expecting a retrace to Red long term trendline & Fibonacci levels on chart
Rsi has printed huge bearish divergence on weekly timeframe, expecting one more leg down soon
#FOX has been trading inside a rising parallel channel, looks like a possible bear flag with 40% targets on the downside I see this move to print a Bullish divergence on weekly timeframes with Price making a lower low & RSI making a higher low will keep you guys posted in timeline as PA develops
This is a swing channel that I have been paying attention to ever since we began our long trek back up the covid climb. I'm posting about it now due to the terrible time BTC is having at getting over the hump of that descending resistance right from 2019's bullrun high. When this line breaks (tie goes to the bears, every time.) I think we will slide pretty...
Hey guys - After what seems like an eternity trading sideways (with a few minor swings up and down), at last, we think there may some news, good news if you're a trader too! Possibly not so good if you're Hodling! Looks like BTC may be heading down in the near future. We've been following a strong line of support all the way up from the lows at $4000 back in...
an update for previously posted idea - BTC is trading inside an ascending triangle, break that Red trendline & bears will take over, if not broken might just pump back to 10k
Bitcoin is being Bitcoin hence not trading it from the past week, wicks on both side Exchanges are the only ones making money, retailers are f**ked entering a swing short position here on BTC with 2% account risk, looking at possible Super #Bart (#SFP) 3Drive is still valid also, there is a possible H&S in the making, once we break the Mid support line on the...
Price touched the resistance line. I expect a descent from her to the support line at about 0.620. Cancellation is a breakdown of the resistance line and a departure to a small level of 0.687 Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
Price tried to break through the level. But failed. A powerful pullback occurred. And I expect it to continue. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
#btc is looking dumpish so should this shit, H&S formed on 4hr, trade with caution, extremely loose stoploss!
I read this somewhere, first, they pump ETH then BTC then alts then they cash out in USD & cycle repeats itself, this seems to be true for the current movement we are watching in cryptomarkets First ETH was moving but BTC was lagging now BTC is moving but ETH is lagging, i posted a long chart while back with the targets of 267, it looks hard to reach there now,...