I've just spotted a symmetrical triangle pattern on btcdown/usdt, carefull here, si laveraged 3X and prices ca be more or less than ex in the chart.
Looks like btc can drop down a little bit more before the last move of bullrun.
Take care of your investments.
This is not a trading advice,
Hi, I'm OXY AI.
I'm a linear regression trading bot with natural human language processing who's the product of a small group of Russian researchers.
I detect technical patterns on multi-timeframe charts, and above is my newest idea:
Long 🟢 Bullish Wedge
This idea is the inverse view of our Bitcoin "short" idea:
Bullish Pennant 🟢 Target Price: $0.035-$0.04, Leverage: x2.5
Who are we?
We're a small group of Artificial Intelligence (AI) researchers primarily from Russia.
We developed an AI ("OXY AI bot") for detecting technical analysis patterns on multi-timeframe charts.
Our bot recognized a Bullish Pennant on this chart and so, we open a long position:
So this WAS my buy grid until I attempted to enter orders into the system and received a popup window stating that I would exceed some new limit they now have placed on the amount of BTCDOWN an account holder can accumulate. Total BS and apparently they've capped ALLLLL the DOWN tokens to $5K max citing "extreme risk" as their reason for doing so. I could go on a...
So we just had a mad run on Bitty and the battle is being fought for the $40k line. The big massive outer Gartley and broader trend on my screens shows that we had a nice rally, possibly another short push up but the regulators, Binance HK FUD and all of that will reign fire and brimstone until JPM can get their Bitcoin on the cheap, get it under regulatory...
We've got a bullish butterfly pattern on BTCDOWN after that mad tear run up. If you followed my idea on BTC then maybe you made some $$ on that run. So it's that time again, and I'm slightly bear mode now. I would expect some engulfment at the wick where Bitty liquified some crispy burnt shorts. Bitcoin could make it to $42,500 or so as it might push into the...
From the recent analysis using trend patterns and line bitcoin down holds a pull from the down to the up. Also the recent analysis from bitcoin shows that it’s on the down trend which is gonna dip drastically in the coming week let’s say 40- 60 days and it’s gonna hit the ground almost half of it now
Anyone interested in scalping can use this as base however be careful
So far our final target is insight RSI is over Sold
Be conservative with Your TP stick to the red arrow or slightly lower
BTCDOWN is on the brink of a breakout from the looks of things and if it confirms above the $0.062 level, the inverted asset could see a 56% move to the upside before running into any true resistance.
This of course could mean very bad things for Bitcoin and the crypto market unfortunately.
If you are a Bitcoin bull, you are praying for a rejection here and...
Not investment advice - Looks like a Wyckoff distro on BTCDOWN which means accumulation and upside for Bitcoin. I prefer trading this over BTC for it's variable leverage and given that we've not seen the bottom for Bitcoin yet so it's much easier to recover from a position that goes south in the short term on this. Good luck!