The stage of getting rid of hamsters is already over.
The beginning of the 4-year cycle of Bitcoin .
The maximum price of a new next cycle is $ 230,000
Time to accumulate positions.
Like gold , Bitcoin likes to hurt traders.
Even in growing markets there is such a draining of prices.
Before the asset begin to conquer new peaks.
I do not see how Bitcoin...
We currently see the Dax in an uptrend as it broke out of the inverse had and shoulders pattern and continued it's upward momentum supported by a spike in volume. However we see the index as overbought with the RSI at 73.6 so we still have a short position and would expect the Dax to start falling in the coming weeks.
1, Rejected off monthly zone
2, Currently at daily support
3, Head and Shoulder pattern on daily support
4, Double top on daily timeframe (Dec 18 + March 19)
5, Daily support at 50% and 382 on Fibonacci Cluster
Target: based on Fibonacci cluster and previous support
Deal for 5-7 days for 4-6 %
In this situation, the growth of buyers and sellers.
If there is a strong news it will be easy to go up
If you trade with leverage, determine the entry point or watch me, I will update if the situation changes.
I keep my hand on the pulse, put a pending order at a price of 0.32222
Inverse Head and Shoulders on the weekly / daily NYSE:BAC$BAC chart.
I would probably wait for $BAC to rise above $30.5 -$31 before entering into a long position.
If $BAC sees $31 then the first target is $32, and the last target is $35 (although I find this hard to believe to be honest).
Something to consider: $WFC Wells Fargo has a Head and Shoulders pattern...
1, Broke lower highs
2, Impulsed off daily support
3, Impulsed of HTF Trend Line
4, Wedge pattern
5, Bullish RSI Divergence
6, Target based on Fibonacci ext., exps. and inv. are in monthly zone and completion of Inverse Head and Shoulder
Looking at the .618 fib level on the daily @ 23570 for long term short for possible inverse head and
Shoulders hourly break of a wedge pattern breaking the the first fib level for a downward push to 26000 is a possibility then a retracement I have been in this trade since 26470 and will continue to hold until the final shoulder of the possible inverse head and...
The largest market cap in the Bursa market have formed a classic chart pattern breakdown with formation target at 7.125.
Price level 9.10 have used as neckline instead of June 2018 low. The reason underlying by two symmetrical shoulder (left and right) ended and started development from this price level.
Possible Inverse Head and Shoulders; price is grazing the 61.8% key fib level in the market from the last swing high to swing low points. Long term take profit area 14.6. Watch for reversal pattern and moving averages on the daily. Trade at your own risk. This idea is for demonstration and educational purposes only.
We have an obvious Inverse Head and Shoulders Pattern. Keep an eye out for spikes and whipsaws.
Details on the chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to...