BTCUSDT after the break of the bull flag is now testing the resistance at the previous ATH.
The price is moving over an ascending trendline and according to Plancton's strategy if the market will break above we can set a nice long order opportunity.
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly...
hi guys hope you followed my last Analysis when i told you to buy BTC & ALTS at 55k-56k
the price dropped to this level exactly and pumped after giving us good profits
Now the situation :
The inverse H&S still in play but for extra confirmation we need daily close above green area ..unless that happening we can go retest lower levels again so...
Guys i found this pattern = almost identical chart pattern like NKN has before went up 1000%. This can be great opportunity to catch...if price breaks above white line and stay there....
it will happen again with CTXC now.... be patient... be reactive...use stoploss - if u need help, i am here
This is not a financial advice. Always do your own research and...
To exit and sell position, the last triangle microwaves must be counted
We are probably in a C wave that contains 5 ascending waves
The style of counting is Elliott Harmonic. (Ian Copsey)
Please write me your opinion :)
After trading in a pennant pattern for almost two months, BTC has finally broken out of this pattern, starting a bullish push towards new heights.
I'm expecting the price to fall back slightly towards the 60K resistance before continuing towards 70K and beyond.
Entries, targets and SL are on the chart.
Here's a quick look at btc 1 hr chart. As we can see the has formed a falling channel and is very close to breaking it. If we break, then we might run up to 60k and retest that level. Or we might see a rejection here and fall back to the 57.5k.
Also if we break 60k, there will then be a target of 68k in play due to the inverse head and shoulders!
Follow me for...
w is known as bat movement, but the wing of this bird is the starting point. The second wing does not have the weight of this wing, so the letters M will be formed, but this bird can not fly.
As a result, the unprecedented fall of Bitcoin will soon be on its way to the 10,000 channel
Bitcoin trying to set a new price record
As you can see, Bitcoin has followed a certain trend, which is not too far-fetched,
and it will probably complete this process and at least reach the end of its channel.
But before that it will hit a resistance in the price range of 62,000,
where it may be necessary for the deaf to fall, albeit slightly, and then...
Last time BTC broke a significant resistance, we pumped all the way to $62k. All in all that move was 114% in price gain.
Now we're about to do another similar move with a major breakout inbound, whereby BTC will crush the resistance at $62k and this will clear the path towards $100k.
A simple 1:1 extension from our current low will take us to at least $92k....
Hello trading friends,
First of all, this view means not you should or need to change what into your trading plan, you are open and free to do what you want.
We will inform you depending on the signals that we receive by a whale data that depending on our study LONG market at this moment is very risky, we check the big picture, not only 500 a -1K price change -...