A "Death Cross" is a technical analysis term used in stock market trading. It refers to a bearish trend reversal pattern that occurs when a stock's short-term moving average (such as the 50-day moving average) crosses below its long-term moving average (such as the 200-day moving average). This crossover is considered a bearish signal, indicating that the stock...
Similar Triangle Pattern Breakout: a chart formation in #HTR where two trendlines converge forming a triangle & a strong move outside signals a continuation of trend. Used by traders for potential entry/exit points
Take entry/exit - on chart
Confirmed upside breakout on #Ethereum #ETH! Symmetry triangle pattern on the ETH/BTC pair has been broken to the upside, indicating a likely continuation of the uptrend. Stay tuned for updates and trade with caution. #crypto #trading"
Bitcoin just broke out of a bullish pennant pattern, signaling a continuation of the uptrend. Traders will be watching for a strong close above the trendline to confirm the breakout.
We can see 16888-17k
Bitcoin price action moves towards liquidaty.
5billion liq @ 16.250
15billion dollars get liq @ 17k
Bt. Moves to this prices
1) Two wicks below CMP - 16250~16350 .
2) Fair value gap - 17k~17.5k
3) monthly support 17.7k turned into resistance.
Possible to retest resistance.
Bitcoin price action froms rising channel pattern which is bearish .
Currently trading on lower trendline (act as support). If it breaks downward. Then btc possible to go 15.6k area.
(Where there is more than 20billion long get liquidated )
Ichimoku trading strategy.
Weak bearish signal.
Price close below kijinsen and above kumo.
Btc is not bullish at the moment.
Higher time frame command PA.
22K ( WEEKLY 200 MOVING AVERAGE )
17.7K (FIBONACCI 0.786 RETRACE MENT)
Target - 40.5 -39.5k (sell/short) tight stop loss
A rising wedge in an uptrend is considered a reversal pattern that occurs when the price is making higher highs and higher lows. As the chart below shows, this is identified by a contracting range in prices. The price is confined within two lines which get closer together to create a pattern. This indicates a...
Bitcoin $btc bear flag
Expect 48% downside
29.2k & 17.6k dollars of btc literally possible,. #2022 & #2023
bear flag is a technical pattern that provides an extension/continuation to an existing downward trend. The bear flag formation is underlined from an initial strong directional move down, followed by a consolidation channel in an upwards direction (see image...