Here we have an ascending wedge that made a fakeout, as expected we will wait for price to break back into the structure before adding short, green lines below are targets
Here again is another bearish confirmation for BTCUSD, it has formed a M formation that has completed the retest of the neckline, expect more downsides
More Bearish confirmation as we see confluence of trendline rejections, as price rejected the top of the channel (resistance) at 48k, targeting a 20% drop our price target has been adjusted to 38k.
I am not really good with write-ups, but here we can see Bitcoin rejecting the downward trendline that is meeting with the upward trendline forming a flag, as you can see at first test of the downward trendline, it bolted down and held the support at 45k, and made a drastic push to 46k, almost testing the downward trendline again, you can see wicks of exhaustion,...
I didn't post my analysis from last week but I will be posting this one, this is basic supply and demand America has printed more money they have supply and the Dollar is the world currency for exchange so there is demand for it, now people are buying USD and selling their currency that's why there is a drop
And also GBPUSD hit a resistance on Monday night and and...
