For future moves, I think of these two scenarios :)
BTC in bearish channel and touch the bottom of this and BTC touch the MA200 in 1D time frame and touch the 1.618 fibo retracement and touch the important supported line and the least BTC make a bullish three drives pattern
BTC has completed a three drives harmonic pattern on the 15min chart, forming three successive lower lows with Fibonacci extensions of approximately 1.62. This may be an indication of temporary trend reversal. This is more for my personal education and evaluation of the success rate of this harmonic pattern. I did not open a trade due to the volatile and...
please consider that three derives pattern is being completed in daily time frame , be patient.
I want to share Ethereum Analyze with you (Short term Analyze), I hope that it is an useful Analyze. I can see Bearish Three drives pattern on ETHUSD chart + Evening star Pattern (Especially on 1H )+ Divergence Between Volume and Price + Heavy cluster (Resistance) near current Price+ ADX=22.72 (TF=1H), means up trend's strength is too low...
It is one of the cryptocurrencies that has experienced more decline than other currencies during the recent downtrend The specified range is a suitable return range
BINANCE:BTCUSDT In daily chart, BTCUSDT is shown the 3drive pattern that could be correction till 45000 and it can be an opportunity for buy in this area
The price has been able to break the moving average of 20 and 50 days in a candle as well as the uptrend line.The divergence in the MACD indicator also confirms the downside scenario. So our mid-term trend is bearish. Supports that can prevent the price from falling are 51,000 (static resistance and Fibonacci level), 48,790 (MA 200 Daily), 46850 (50 Fibonacci...
BTC is currently holding at some rather crucial support from the long term trend (white line). On the positive side, support has not definitively broken on price nor RSI, so very well might bounce (although it is right at the precipice, so there is understandable concern here). There is also still the possibility that this is still just retracement at the 61.8%...
About to exit QE, the U.S. dollar index has either been looking to the bottom, or immediately looking to the bottom. Technically, it will be close to the cloud belt support. If the MACD changes color next Monday, it will take off immediately. The current pattern is a three driving pattern. Although there will be a significant correction after the rise, this...
A number of bullish patterns appearing in the same area on USD/JPY 1h timeframe Butterfly Three Drives Falling Wedge Regular Divergences EntryPoint: 108.7 StopLoss: 108.6 TakeProfit: 109.4 Good luck to everyone trading USD/JPY!
On our last BTTUSDT analysis we foresee the correction which is ending now. We're switching sides. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck NOTES: - All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry...
Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck NOTES: - All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol. - We never trade just because the price reaches the trading zone. This also means that not every idea...