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Parallel Channel

Is this the top for Bitcoin?One of the top reasons why i am turning bearish and puting my 46k level on hold is because bears have turned bullish after we broke every target that they set. We also have volume decrising on the every push up which is the indication that the buying pressure is slowing down. On the weekly timeframe we have a ascending channel that we just touched so rejection should come. However on the 4 hourly timeframe we have ascendig channel and i expect a move up until we reach 31.2k where i am going to short, of course with the proper stop loss because we are still in abullish trend. What do you are we going to get rejeted from the weekly channel. Feel free to leave a comment. If you like my ideas please follow me and like the post because you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading. Thanks for wathing. BTC TO THE MOON!!!
Short
by Mladen94
Bitcoin Pattern At The Start Of A Catastraphic Down Move!*Disclaimer: Not Financial Advice* IMPORTANT: By Now We have quadruple bearish RSI divergence and double bearish divergence on Stoch RSI BTC all time high pattern is repeating right now (purple rectangle) I've talked about it in video - EVEN the divergence are the same. DXY Broke the descending wedge and is consolidating , with todays news it could surge up which will follow in BTC,SPX,NQ1 sell off *Strongly Encourage to watch this until the end* PLEASE consider SUPPORTING Me by Boost,Follow,Comment and Sharing-
BINANCE:BTCUSD.PShort
by pcmonk
BTC Pattern showing Strong Bearish Sentiment More Than Ever!!Two new BTC bearish pattern (one mentioned at the start that will blow your mind) Bitcoin Exited the Orange parallel channel and is consolidating below the support of the blue parallel channel Stoch RSI on weekly is at its peak and needs to come down which will follow by heavy sells & Head and shoulder still in play Dxy doing a descending wedge which is bullish.Ive talked about it in video cause its very important SPX is in a big bear flag - could rally up and form bearish divergence Strongly recommended to watch it untill the end.lots of important information and signals Please Consider Supporting Me By Boost,Follow,Comment
Short
by pcmonk
BTC Pattern shows Pullback to 27.1K! Could it be worse?Signs and patterns are VERY bearish pointing towards 25K -Bitcoin Pattern (Parallel channel) extending as expected and volume is going lower -some other indicators showing sign of bearish momentum and even a bear flag has been formed on btc (details on video) -SPX signaling for a pullback as well thus downside could be ugly if happens. -The H&S is still in play but we are wating for the right shoulder to form (needs a dump) I encourage you to watch this until the end if you wanna protect your assets Please support the channel by boost,comment,follow and Sharing -Really motivates me **Disclaimer - No Financial Advice **
Short
by pcmonk
BTC Pattern Continues To Playout! Strong Bearish Signs Are There*Disclaimer - Not Financial Advice* Bitcoin Has been consolidating below a huge HORIZONTAL resistant for a while now And The pattern that we have been talking for the past 3 videos playing out On top of that there are Quadruple Bearish Divergence on RSI and Bear Flag and couple of more SELL signals that I mentioned in the video Lots of STRONG Sell Signals so I would say 25K first before 30K(if it wants to happen) I strongly recommend to watch this untill the end Please Consider supporting the channel by boosting , sharing , Commentng - warms my heart-
Short
by pcmonk
The Bitcoin Crash Pattern Still In Play!!! Will We See 25K TodayBitcoin bleeding down slowly with divergence forming on RSI and a daily Bearish divergence on StochRSI SPX trying to catchup to BTC with its rally. SPX filled both gaps and ready to come back down while DXY trying to regain 103.if DXY starts to recover BTC and SPX will both come back down There is some High leverage around 28.7 which could make btc come back and consolidate for another day or start bleeding down 25K is possible today BUT we could bounce up from that to 30, 31K. The Big H&S that I mentioned in two previous videos still in play Thanks for watching and all your support
Short
by pcmonk