Howdy folks! highlighting the formation of an inverse head and shoulders for a possible sign of a bitcoin reversal. $24k needs to become support, $27k needs to be hit to continue going upwards n price and bring favour back towards the bulls if price crabs at $20k then expect to see lower prices towards $12-13k area for the next most likely bounce area can go...
From the most recent L/L, Gan on a 45 shows that the candle wick touch points to the 8/1 and 3/1 on February 22nd, 24th, and 27th couldn't be more picture perfect and I will be watching these levels. I suspect further downside despite recent upside mania but will chart downside Gan support/resistance for further confirmation and clearer direction later. Sometimes...
BTCUSDT weekly momentum is still bearish .The price reached the target zone 22500-24000 as said 2 weeks ago , if BTCUSDT break below 22k then the next price level is the 0.786 fib . I added GATOR & ALLIGATOR indicator to confirm the strong bearish momentum (the Gator is eating and expanding).Weekly still bearish until the Gator in sated phase Invalid if price...
Just because i like to say it's going down not because you should bet on it
Just because i like to say it's going down not because you should bet on it
Just because i like to say it's going down not because you should bet on it
weak support at 4000 weak resistance resistance at 4050 I Prefer Yellow trading plan Disclaimer: This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I...
medium support at 4350 weak resistance resistance at 4460 I Prefer Green trading plan Disclaimer: This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice....
We are at the second testing of the upper bound of the triangular formation consecutively without reaching the lower bound. This indicates that the bulls are pushing upwards and that a decisive move is imminent in the coming few hours. If the early hours of today are bullish to the point of breaking the upper bound, 0.8 could be reached easily within 3 days...
There's an upside for the story: there's an upside for Ethereum on the short term. The downside is that the medium future is rather bleak. Etherium's curve seems to be going through a classical shedding phase since a while. From a geometrical perspective, it is hard to imagine a reversal soon; on the contrary, an avalanche similar to what happened with Bitcoin a...
I just checked SPY on the monthly using volume profile based opacity.... Apparently, we've never closed a month with the 3rd volume profile. That being said, 2 days into June and we already have this profile... ``` avrg = ta.sma(volume, 14) vol down 1 = volume > avrg * 1.5 and redCandle //1 aka solid red vol down 2...
The Dollar's been killing everything this whole year, but I think that's about to change. This week the US 10 YR's could fall away from the high price reached in May and start falling back down towards demand. Every time frame down to the 15 minute chart --there's an ascending triangle forming just inside the supply zone on the 4hr and 15-minute charts--seems to...
BTCUSDT weekly momentum is bearish and price has a high probability to reach the price zone 22500-24000 , if BTCUSDT break below 22k then the next price level is the 0.786 fib . Worse case scenario is breaking below the 0.786 fib level and if that happens, we will have a strong selling pressure that will dip the price back to the red POC level and 0.886 price...
this is the practical moment for me to reduce fundamental analysis and take some air with technical analysis. Gann helps me find out that the down is over. this market gonna live in the deep for now. let's see
It looks like UVXY why beginning an Elliot wave and breakout above $20
I only use Gan Fan as a direction for the purpose of my analysis for this digital currency pair. This is not a signal or as a guide. It just follows what I just predicted according to the tools provided. your dependents in financial management.
1 Mar 13 Mar 22 Mar 6 Apr 20 Apr 30 Apr 12 May 18 May this is not work if bitcoin down 32K
We still see that Bitcoin maintains its 39k support zone, and I think the rise in the coming days is the greatest possibility. (But If $BTC broke 39577 we gonna down to 36389..) Good Luck