This chart shows a bearish Crab pattern and rising wedge pattern. Possible to reach 175 according to the 61.8% retracement. DYOR.
It shows a bearish Gartley pattern. Set the retracement to 61.8% for take profit. DYOR.
Take a sell for a short time, and it shows the completeness of butterfly pattern. DYOR.
This makes a double top pattern as retraces at 161.8%. A butterfly pattern makes a bearish pattern. DYOR.
Using the SuperTrend indicator to determine the opportunity to buy or sell. And we can see the butterfly pattern here in the 4hr timeframe as the price approaches possibly the price to 1.6. It's not too late to buy, we are early in the buy zone SuperTrend.
Using the 4HR Timeframe we can see the possible double bottom pattern. Set the retracement in order to estimate the possible high price in 200%.
Double top pattern. Set an entry after retest. DYOR.
Two possible scenarios and wait for the confirmation. Trade at your own risk.
After we confirmed the retracement at 61.8% and the price didn't break the supertrend (sell line). Still we wait for the confirmation on the MACD in which the macd line and signal line converges in downward trend and then set an entry after that confirmation.
Double Top Pattern. Set entry after the broken neckline.
As we on the chart using the retracement on 28.20. Possibly it will go up based on the volume profile which is in the bullish area.
Retest at 23.6% fib retracement after structure break.
As we set the fib retracement for possible entries for a trend. 2 possible entries on 61.8% and 50.0% making a continuous trend goes to $65k as we expect.
Waiting for the confirmation of pullback on 0.5 fib retracement and then drops to 54.6k for a short term.
Setting Strong Support at 0.5 fib retracement while monitoring the movement of price and then possible continuation of bullish pattern.
Let us see to break the red line (sell trend in supertrend) then we will see the bullish scenerio like in between Feb - May 2021.
We expect another bullish pattern 1D timeframe after breaking the Sell SuperTrend Line.
Bullish pattern based on parabolic sar and bollinger band.