As the pattern is still forming I cannot affirm categorically that it will play out but on probabilities there is a good chance to test recent strong lows?
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Bitcoin continues to consolidate above $35,000 yesterday's descent into the $34,500 zone and the quick buyback was a simple withdrawal of liquidity. I think that the next descent, if it happens, will be at the breakdown of the lower...
As we have broken the confirmation line I feel it is necessary to post this chart right now, I hope you have already noticed the potential pattern! Bulkowski's Big W :- thepatternsite.com Big W, up breakout B + ((H - L) * 74%) Where B = D, H = A & L = B
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ I’m trying a scalp short with a little extra. Bitcoin price continues to consolidate near the $34,800-$35,000 range and it looks like we will be in this zone all weekend. I decided to take the position in advance, because... I think that...
I believe this pattern to be in play a "Bullish Continuation Pennant" with targets accordingly as set out on my chart!
This is the way I see it playing out but with triangles there is always the element of surprise! Bulkowski's "Running Triangle Elliott Wave" :- thepatternsite.com
As you can see from the chart the "Double Bottom" target was reached and breached! Bulkowski Adam & Adam Double Bottom :- thepatternsite.com
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Friends, another BTC chart only with the “Rising Wedge” pattern, it may not look so sexy, but there are clearly boundaries here and it can work out for a correction. No, don’t think that now if I’m holding shorts, then I’m providing you...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Guys, a small update to my short position: Bitcoin is slowly, tediously sliding down, but is confidently approaching the support level of $26,450, from where locally one can expect a buyer’s reaction in a short time (not financial advice...
It could be argued this does indeed resemble the Harmonic Pattern of a "bearish butterfly" with targets in play for the short trade , however we may have indeed completed its short life? 1.bp.blogspot.com
Something is coming, broken the pitchfork, touched resistance and tested, lets see if it breaks up, MA's are converging too
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Well, friends, Bitcoin rose to 28,000, it fell a little short of 28,500, but maybe it’s not over yet? I fixed the position at 28,000 and took my profit from the market. All my expectations worked out exactly on target, first a...
An interesting junction approaching whereby Elliott wave versus Harmonics? So which will win as we are in a motive phase wave (4) or a bullish leg(CD) of a possible Bearish Pattern? We have to remember according to Elliott Wave Rules if (4) exceeds (1) then this Motive Phase down is invalidated at $28,555! Harmonic...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ On the Bitcoin chart, the situation is as follows: the price is pushing up the channel again, and I think that the opening of next week will be a breakout of the $27,500-$28,000 pattern, maybe we’ll even update the High. If Bitcoin goes...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ At the moment, the price of Bitcoin has clearly hit the support level. Perhaps this level will be the key for a rebound to $28,500, or it is possible that CZ just won’t let go and the pressure will continue lower. Technical: on the 3D...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Sitting at the chart on the daily timeframe, I saw that we are now developing a structure, plus or minus, similar to that seen above. If you look closely at the graph, you can see the most similar moments at that time as now. For...
I have posted this chart as it has the potential to have formed an Adam & Eve Double Top albeit it has to "Confirm" by breaking through the $24,764.5 level!
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Well friends, bitcoin has finally revived and we are seeing a slight volatility, but the main thing is that in our direction - LONG Technical: BTC has hit local resistance at $26.426 0.382 Fibonacci. As for me, this is now an important local...