Sabetizadeh

Sabetizadeh

Fluctuating and descending till 30000$

Sabetizadeh

In weekly time frame, an inverted wedge settled on the chart. I think with this type of pattern, we can see fluctuating for couple of weeks between 30000 - 65000 and then toward 20000 or 30000. In my previous analysis i said BTC after couple of weeks can touch 30000 or 20000. Now, I can confirm my words because, if traders look at the channel in weekly...

Sabetizadeh

As shown on the chart we have 2 possibility for wave 3. Maybe the Left one would be more possible.

Sabetizadeh

Doge comes down AGAIN with two scenario

Sabetizadeh

By this Symmetrical Triangle formed at beginning way of this crypto, going up could be guessed.

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By symmetrical Triangle, expectations comes to higher point side.

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Descending wedge . Enter After Breaking Out.

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Sabetizadeh

The main channel in 1D time frame is ascending but, we have a descending parallel channel in 30 min time frame. Maybe, by touching the mid-line, once again comes to higher levels.

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Maybe the price comes to 0.8, but we have a strong rising wedge. Rising wedge = Down trend

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1. Forming a head and shoulders, then return. 2. com back on mid-line of old channel on 1 Day Time Frame I have mentioned. 3. Retest the lower part of the channel on 1 Day Time Frame.

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RSI & Symmetrical Triangle are giving Signal to breakout

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1. Forming Cup And Handle 2. Return on 0.618 Fibonacci levels 3. Pull-back on 0.5 Fibonacci levels 4. Three PRZ Into CUP 5. Three PRZ after Cup And Handle, specially 1.618

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As shown on the chart. Possibly, we should expect two types of movement. Because, behavior of the chart has shown a return from the middle line at the beginning of the channel it is so possible that another return would be formed.

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If this possible pattern would be formed, we can see another ascending at least to the previous highest point

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Entrance, After breaking out.

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If "Cup And Handle" Pattern would be formed, we can expect a new up trend till 0.6$.

Sabetizadeh Updated 

If the trend breakout the red LINE or roof of the triangle, we can be so hopeful to reach to one the targets bellow: TP1: 0.4000 TP2: 0.4500 TP3: 0.5000