According the support line of bitcoin bearish flag's support line btc has to touch the zone of 53300 to breakout the bull move, once the target support is touched then the predicted technical price is coming in around 80000.
#Bitcoin Bearish Pennant Chart:-
#BTCUSDT already Broke down Bearish Pennant.
As per chart Downside Target is $25000
Bullish = If any HTF Candle Close Above $30200
Now Sentiment is Bearish.
Bitcoin bearish, target 35,000
Bitcoin Transaction Log 12.
Bitcoin has reached the 40,000 point I predicted as expected.
From the weekend to next Monday or so, I expect Bitcoin to reach around 35,000.
Continue to stick to my prediction in log 11.
So I continue to be bearish.
BTCUSD, SELL BY MARKET 10lot.
COINBASE:BTCUSD
BITCOIN: Bearish – Head and Shoulders + Ascending Wedge
Two classic Chartist figures were detected by the Wolf of Zurich:
1- An “ascending wedge” which would bring the price down towards $62,632.
2- A “Head and Shoulders” which would subsequently bring the price down to around $52,080.
The EMA.50 and 200 also remain potential targets
caution.
Bitcoin bearish cross on the 4-hour chart piRSI indicator. I'm publishing this as short based on probability, of course anything can happen up, down or sideways today. However, it is important to realize $17k area can be retested in the days and weeks ahead. Plus, obviously Fibonacci moving averages SMA55, SMA89, SMA144 & SMA233 had a bearish cross on June 12th...
BITCOIN Bearish Bias! Sell!
BITCOIN is trading in a downtrend
In a falling narrowing wedge pattern
And after the coin retests the resistance cluster above
I think we will see a further move down
Sell!
#Bitcoin Bearish Pennant:
#BTC Bearish Pennant = Breakout + Retest = ✅
As per chart Target is $26500 & $25000
But Keep in mind Other side also.
If break $30,000 Level then #BTCUSDT bullish mode Activated till $34000
BITCOIN BEARISH CONTINUE
small uptrend reach $33000-$36000 possible not break my blue line above still
the bearish continues i don't see any liquidity above since it was closed by the
candle pattern before my blue line $36000
in my TA still the bearish continues up to the big liquidity below $20000.
GOODLUCK.
Bitcoin - Bearish Flag Pattern
Hey Everyone,
as you can see in the chart, Bitcoin is in a bearish flag pattern.
Our Targets:
1. $37,269
2. $32,812
Let's see how this executes.
Bitcoin bearish, target 35,000
Following my last article, I continued to be bearish on Bitcoin.
reason:
For international news:
Although, Ukraine's military power was destroyed by Russia.
But things are definitely not going to end so quickly.
So there will be new news in the next few days.
In terms of technical indicators,
Bitcoin is still in a downtrend...
Bitcoin Bearish RSI Divergence on Monthly Time frame
Bitcoin Bearish RSI Divergence on Monthly Time frame
Bitcoin Bearish RSI Divergence on Monthly Time frame
Bitcoin Bearish Counting to the downside..wave B completed and countinue to the downside and and make a new low ( wave C ). Invalid if price break (ii) (white). trade safely..
Bitcoin bearish reversal pattern on the 4hr at the daily/weekly demand turned supply level from the recent breakdown in May. Shooting star on the daily, over-under reversal pattern on the 4hr with retest and breakdown below the rising trend structure. Also resembles a head and shoulder formation.
I am expecting rallies to be sold into. Conservative stops should...
