BTC in 1H timeframe created an exagrated divergance and broke the 13000 S/R
we have 2 scenario here :
scenario 1 :
if BTC breaks 13800 resistace we can have 14000 and 14400 targets .
scenario 2 :
if BTC can't brikes the resistance and fall down we can have 13000 and 12800 supports.
bitcoin is moving in a parallel channel .
if BTC bricks its descending trend line then it can raise but if it breaks the channel it can drop to 10300 .
let me know what you think in comments.
# future is yours #
as you can see Yearn finance shaped a head and shoulders pattern and broke the neck line .
as you know this pattern have a 90 % winning ratio, but the target that this pattern is showing us is lower than 0 usdt !!!
i prefer to short YFI on this conditions .
what you think ? let me know in comments.
Like you can see BTC in 30m timeframe broked a beautiful wedge pattern and starting an upside move after throwback .
But in this way it has some strong resistance, so be careful .
TP is 10800 but for sure you can use 10790 for TP and 10490 for SL .
Have a nice trade 🌹
As you can see BTC pattern is broken now and its going to throwback to it.
After throwback we will see 14000 - 20000 and finally 27000 targets .
i will be glad to know what you think so let me know your idea in comments.
every thing is clear on chart and i think BTC can go up to see 12000 again and if it breaks 4H parallel channel it can go up to see next targets.
if you agree with me like my idea and tell me what you think in comments.
BTC has broken lower time frames supports and now its going against 1H support , if BTC breaks 1H support in can be drop to 9050 easily .
let me know what you think in comments and like if you agree with me.
like you can see in chart we have 3 different scenarios for BTC.
we have strong support on 8500 and also long term trendline that broken and now BTC is going to pullback to that , this can raise BTC price to 12000 and maybe more.
but if this trend line broke downside we will see 7400 .
also there is another scenario that BTC raise to 10000 again and then we...
EURUSD created head and shoulders pattern in 4H time frame .
its a good opportunity for a short position.
TP 1 : 1.11990
TP 2 : 1.11545
TP 3 : 1.10975
TP 4 : 1.10130
SL : 1.13600
this is my analyse and its not a financial advice.