here is a possible scenario which could take place the next move of btc we got the famous cup and handle pattern. now i took the Fibonacci and putted from the bottom to the target we ''should'' get if this is the case of the pattern. now we should have support at the 0.618 blue line at 8578 which will possible create the handle. target 10400$ keep an eye on this one
Hey guys i just did 45K on BTC Bought at 7400$ and is still holding in 8600$ follow me and check my post to see i have been right
When BTC was bottomed I posted these two charts Compare them to current status ** This is not financial advice, so always trade on your own risk and do your own research first before putting your money in and risking them **
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I sometimes do Inverse relation of btc and Tether to find different view on bitcoin. we are 5-3-5 zig zag correction of USDT and it will fall to the green lines Long Bitcoin!!! (mid term) BTC analysis
Drawing like an amateur. Bitcoin Would Fall, because What ? Because Drama
could we be entering a step-based bear market for the next few months?
There is nothing to protect the Bitquin from decline, but there are those who try to deceive in order to sell Betquin to the weak do not be fooled
crypto must market volatility crazy but to solve this need to look big pic 1 week candle
When we look at the USDTBTC chart, we see a rising bearish flag pattern in long term. However, there is also rising wedge pattern. Both of them are big signals for bearish trend. I can say that USD bearish race (Bullish race for BTC) will start most lately before the christmas. Support for BTC: 5750$ Not a trading advice.
Hi everyone. I wanted to have a discussion (or at least express my personal views) about USDT/Tether here, looking at the pros and cons of having USDT in the cryptomarket. In terms of TA, the chart itself has just the Fib lines only. I selected two points on the chart and both are inverse as the value of USDT is being measured against BTC here. If the...
As you can see in the picture, there is forming a triangle pattern. It broke the blue trend line and looks like it will go down. 9 200$ is a strong support line. Another strong support is at 8 000 $. If you have a conservative strategy it is better to go to USDT partially. if you have some spare BTC it is better to hold them in USDT. The green zones are potential...
ADX indicator shows that LONG forces are stron.IF Bitcoin's correction has not effectively broken below 8700.We can expect btc to touch $9600
Do you think its about time? H&S pattern completed. Very nice bullish pattern formation. Bears volume declines seems like we can see break out of the channel. ABC pattern emerges aswell finishing on 161.8% extension where is a level of supply as well. Hopefully we will see such move and make some $$$. Good Luck