It seems, bitcoin price action is making a crab harmonic pattern. Of course, we should not talk about harmonc pattern, now. anyway, I expect downward trend for bitcoin price in daily time fram to 54000 (about).
Probably, the price of Bitcoin will decrease to the level of 60 thousand or even 53 thousand.
Bitcoin seems to have a price drop before any increase. If this happens, the most likely resistance zone can be considered around 28500. The strongest resistance areas are 28,500 and 27,300
The range is horizontal. Therefore, one should wait until the price chart leaves this range and then decide on a short or long position. Currently, the price trend is outside the Andrews fork and I do not expect it to be able to easily enter this fork.
It seems that the Bitcoin price trend in the daily time frame fluctuates in this range. Technical analysis based on price action cannot be done until it is out of this range.
Is Pattern Head-Shoulders Formed? If it is formed, then we can open a short position now! Entry: 140 TP: 126 SL: 147 This is not advice Trading.
Hello Well, we see that Dominance USDT has started a downward trend in 15 minutes time frame. Dominance USDT analysis also shows the growth of bitcoin price in a 15-minute timeframe. { In previous analytical posts (Bitcoin: approaching the range of 38,500) we will also signal a (temporary) uptrend in Bitcoin. }
If the bat harmonic pattern is correctly identified, we can expect the price to return to valid Fibonacci levels (ie, return to the 40,000-41,000 range). This is not a trading signal. Please review me and help improve my analysis. Thank you good day
I prefer to wait for it to pull back and then check and make the right decision. this is not advice trading.
Are you agree? if you like, follow me and comment to me. tnx It's not advice trading. good night
Hello friends We seem to have a continuing flag pattern. On the other hand, it leaves the price channel and usually does not return to the channel easily. Momentum, on the other hand, is declining. Therefore, it is more likely to continue to fall. If my posts are useful to you, follow me and help me improve with your comments. Thank you. Good luck. This is not...
if you like, follow me show to you my private post. this is not advised for trade. good
look at the chart. if this post usfull for you, follow me and comment to me. TNX This is not signal for trade. good luck
Price action in 15 minutes shows a sideway. And until the 2760 resistance range is completely broken, the buy position is not suitable. But the volume indicator shows that it supports price increases. what is your opinion? I think we have to wait and if the 2760 range is broken, we can see better signs of this range in pull back. If my analysis has been helpful...
The previous post was an hourly analysis of this currency pair. In that post, we also saw that the position of the shorts might be appropriate. {This is not a trading recommendation} If my analysis has been helpful to you, please follow me so you can see my priority posts as well. Help me improve with your comments. Thanks Good luck
This is not a trading recommendation. If my analysis has been helpful to you, please follow me so you can see my priority posts as well. Help me improve with your comments. Thanks Good luck
The description is provided in the image. But I think the downward trend continues. I advise you to be more careful for the buying position. If my analysis has been helpful to you, please follow me so you can see my priority posts as well. Help me improve with your comments. Thanks Good luck
what do you think? This is not signal for trade! good luck