This is a secret parallel channel that absolutely no one is talking about because it's visible only to experienced traders. Don't be a noob and buy at the 0.618 FIB + 1.618 FIB + channel bottom like a pro (if the price reaches this level)! Or open a leverage position on futures here. Bitcoin is the most hated asset in the world, and everybody spits on it. The...
I see a beautiful channel from the bottom of 2008. My concern is the bottom of october 2021 is the 4th time it touches (telling me being cautious because of possibly exhausting bullish trend) and the last weeks formed a rising wedge just under the middle of the 15 year channel. Also the top of july 2020 is too close, the "breakout" on 24th oct was not a really...
Price action and chart pattern trading > A 2 conflicting pattern with a bearish move from the larger Head & Shoulders pattern and a bullish one with current bull pennant. > The larger HS pattern could be overshadowing the smaller pennant pushing the price lower - SMA20 dead crossed SMA50. > A strong symmetrical resistance; upper volume profile, price resistance,...
Bitcoins next Macro Move will bring us to $10,700. This is a measured move of the bear pennant we are currently in. This likely the bottom IMO. I see BTC bottoming before the stock Market.
Just exactly as I predicted in my last analysis Bitcoin just goes as expected. A bearish pennant formation on the way. Drop your thoughts on the comments section.
Trade Idea: Selling BTCUSD Reasoning: Trading continues to post lower highs and trades within a potential bearish pennant formation Entry Level: 16708.47 Take Profit Level: 16008.47 Stop Loss: 17008.47 Risk/Reward: 2.33:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high...
Potential Bearish Pennant Short Term Bearish Signal
Price action and chart pattern trading > A possible downtrend continuation for C-leg with the current bearish PENNANT pattern > The downtrend TP @ 1.618 extension zone at 13K USD price - same target with the previous bearish INVERTED CUP pattern > An upcoming mega bull flag formation with target reversal +80% upside @ 28K USD price. > Close short position once a...
it seems BTC is forming a bearish pennant pattern in 4h timeframe. This pattern is usually associated with a breakdown. For confirmation, we have to wait for the breakout of the pattern
it seems BTC is forming a bearish pennant pattern in 4h timeframe. This pattern is usually associated with a breakdown. For confirmation, we have to wait for the breakout of the pattern
It's a great opportunity to short TRX on the futures market. You can short TRX on almost all exchanges. So it's very positive! The technical analysis of Tron looks very bearish. Descending triangles are likely to breakdown with a 60% pullback rate (retest) before continuing lower. The uptrend from 2020 to 2021 looks like a three-wave structure. It's not...
Trade Idea: Selling BTCUSD Reasoning: Bearish pennant forming at a multi-year low. Lower highs continue. Entry Level: 16590 Take Profit Level: 12590.00 Stop Loss: 16990 Risk/Reward: 10:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this BTC update. There is a lot of things currently going on in the market. We have to trade very carefully in this market and try to focus on the long term. The bets way in the current market scenario is buy BTC and DCA on every big dip. Now, let's get to the...
There is a clear bearish pennant formation on the BTC daily along with decreasing volume. Expect lower prices relatively soon.
I can see two bullish scenarios here on the weekly chart. Either a bull pennant break or a dip to weekly demand zone and then bounce to weekly supply zone. Max sell target is $2, risk the break of $0.9. Depending on your entry you could see possibly 3:1 risk/reward.
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . GBPNZD Multi-timeframe analysis Daily view (Structural timeframe) : It has given breakout of "Head & Shoulder" Pattern. 4 hour (Behavioral timeframe) : It has given breakout of "Rising...
Bitcoin good to short here just broke out of pennant. Bellow all major ema's also.
After the merge, the price of ETH is rapidly going down. It's basically a free fall right now. It was clearly a sell-the-news event. I am very bearish until we break the major trendline that you can see on the chart. There is absolutely no reason to buy ETH at this moment. On the daily chart, we can spot a descending parallel channel that is very well...