btc broke down a rising wedge and I believe we could be creating a descending broadening wedge too.
We are trying to find support for a confirmation of a breakout triple bottom It looks like this could be a fake out but if not we could touch the top of the previous descending channel that was broken, if we break down again we will be in some trouble.
We need to find support tonight with a new candle in with the full body of the candle inside this line to bounce back up, if not prices could fall even more to at least the 100 EMA.
btc didn't manage to reenter the descending channel, we had make resistance at the bottom of the channel and prices dropped again, I think it will dump more from here, we are also breaking down a bear flag in the 4 hours chart.
btc possible scenario, I think at least we will retest the broken support line.
BTC had make support in the ascending broadening wedge on weekly chart that will break down at any point in future, if we break it down we could commence our officially next bear market.
Binance coin could form a W in one hour chart and break out to the upside, RSI indicator have already a broken W to the upside, are we going to experience that?
Btc may retest the top line of a Symmetrical triangle as a support at around $59,000 if we fail to support there we could be in trouble.
btc is in danger if we break down the ascending broadening wedge, we didn't manage to pass the W neckline and price was rejected to the bottom of the wedge.
DNT possible to hit almost $0.30 and after explode in price, this is one hour chart but one day chart looks so bullish, it is possible we go really high in price soon.
btc is breaking out a pennant in the one hour chart after creating many patterns here most of them with almost same price targets.
we could be also forming a double bottom pattern and we are also breaking the line of the rising wedge, if is not a fake out and we break the neck line of the W we could hit around $64,800 same target as the rising wedge, it looks like we are not forming the handle in my previous idea so things could change here.
btc is forming an inverted cup and handle in the one hour chart, at the same time we are in a descending broadening wedge and same time in an ascending broadening wedge, the most probability is to break down the handle of the cup to the target exactly as the target of the descending broadening wedge at $60,700 and start moving up after breaking up the ascending...
we could hit around $60,700 next few hours and make support in this ascending broadening wedge and star going up again after, if support is not broken.
btc is in a descending broadening wedge, you can observe this in one hour and 4 hours charts, I think we will go down to around $54,800 first today and after we will have a trend reversal to the upside, we still didn't touch the bottom of the Symmetrical triangle yet at at around that price.
btc is trying to break down an ascending broadening wedge in the one hour chart and I think eventually will manage to do it very soon today.
inverted cup and handle in one hour chart, you could also observe in 4 hours chart.
I believe we could have a Symmetrical triangle formation and make a new touch at the bottom to continue up after and hit the top of this ascending channel next few days. (Daily Chart)