BTC-USD broke down major uptrend line and failed to retest it
this support area 7962.28 was strong demand area
Macd shows bearish momentum
so we expect small bullish rebound to downtrend line
then bearish movement reach to demand zone around 5507.80 as a gartley harmonic pattern 78.6 fibonacci level
161.8 fibonacci level as target of ab =cd pattern...
- breaking and retesting the resistance of the bull wedge
- blue "mirror" level
- feels Fibo levels (min. - $ 23.0, max. - $ 145.0)
- increase in trading volumes
Who is out of position, there are two options:
1) Enter from the current or closer to the resistance of the wedge. Stop under $ 61.40. Profits are indicated by green areas on the chart.
2) Enter after the...
Customer indicates the level of support
LTC Globally worked correction of the entire growth to the level of 0.5 fibo, this is excellent because the paradigm of organic growth of any asset is the correction to accumulate more volume and continue the upward movement.
More locally, we see on the 4-hour clock that the candles are closed with pin bars, with...
LTC - The “Cup With a Handle”
Technical Analysis Figure
The classic pattern on the daily timeframe. Have you seen it?
Mastering the pattern is very possible before the "halving" process!
The Truth of the figure consists of numerous important positions, which cannot be ignored.
Conditions are following:
1. The promising uptrend is needed to start the...
