BTCUSDT! 4 Hour chart! Falling Wedge on the 4 hour chart but overall market sentiment is bearish in a bigger Falling Wedge. BTCUSDT Currently still have an opportunity for a short run to the 8.8k area but it's facing strong resistance at or around the $8350 area. What I currently think is there maybe a short pullback to the...
Possible Head and Shoulders in play Longterm! I think were going to form this right shoulder around $8800 - 9k and then a reversal. This will confirm the falling Wedge for me and I think retest the $7400 - $7500 area and if broken $6300 would be a possibility.
Potential Longterm Bullish Pattern! If the trend lines hold. If this falling wedge can maintain it's pattern this will become Bullish in the Longterm. I think BTC is currently bearish for the short term and my trend lines are my potential targets.
FET/BTC! Potential Falling Wedge! Possible targets! Green lines targets, red stop loss, blue currents resistance to the next target.
Please remember to DYOR and this is not financial or investment advice. It's my targets for the market at this moment. Please let me know what you think of my technical analysis and thank you.
ETHUSDT! Upward channel with great potential. I currently think it will retrace to my yellow trend line if the white support line doesn't hold. After touching my yellow trend line I think it will continue upward trying to breakout the channel. $400 can be a potential target!
BTTUSDT! Descending Triangle! Current Target .0011325. I would wait on a bounce confirmation before entering. The green and red lines will be potential targets downside and up. As of now I'm neutral until it test support.
Day Chart Pattern: Ascending Triangle
Daily Trend: Bullish
My Targets: Probability can change.
Reward to Risk: 2/2
Possible Entry: What I'm looking for:
$120 - $129
Resistance needed broken with candle close above $129 to continue to next target!
Targets Can exceed or not meet expectation