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Is our bullish run going to be short lived? Or will prices continue to move up? We have what seems to be a ARABW on the 1 day. Thoughts?
Possible BTC scenarios after the break out of the falling wedge. If we break out here shortly we can possibly expect to see a AB=CD and Cypher patterns and targets as illustrated. I had extended a pitchfork to also illustrate how price would fluctuate toward center, confirming or reinforcing the AB=CD scenario. This is the assumption that we break out bullish ...
Possible breakout and long opportunity on the 15 min. Could we see an earlier break out of the falling or descending wedge?
We can expect a short position pending our bearish break from broadening wedge as illustrated. However; The following chart is not meant to point to any specific entry or sell points; but instead is simply a gauge of probable or potential outcomes with most ideal being a longer consolidation period followed by a bullish run or long position.
Mid term bullish potential (Falling wedge pattern); longer term broadening wedge (bear) short potential.
Long and short opportunities ETH
BTC bullish signals, targets and target potential. Lets hope to break resistance otherwise trade looks like it can bounce around in a downward channel
Rising wedge on the 2 hour, 69% downward breakout.
Bearish patterns on the 2 hour. Rising wedge, average max decline of 14% before 20% retracement. Rising wedge Breakout down 69%
BTC Long, possible 3 drives pattern and bullish flag formation could send BTC reversing at key support lines to a new ATM.
Bullish pattern, entry and target
Could we see a new ATM?
With the missed long position opportunity after the symmetrical triangle failure of bullish breakout last week; can we see a bull run in the near future?
As we all have been anticipating a break up ward; out of the symmetrical triangle, Id like some input on what looks to be a head and shoulder formation. Were we wrong? can we see XVG drop instead?