The price of bitcoin is at the tip of a tight triangle. In such cases, one can wait for a pump movement or the formation of a bow tie pattern. However, given the previous trend and political developments, I expect Bitcoin to fall below 39,000. This is not a trading recommendation. If my analysis has been helpful to you, please follow me so you can see my...
In the 4H timeframe, we see that the price chart has broken an important trend line, and this will mean a downtrend. On the other hand, we are still in a flag pattern, and this also shows the continuation of the downward trend. Also, if we look at the Elliott wave count, we see that we are at the beginning of a downtrend. So our personal analysis is that the...
The price chart does not give us a sign that the trend is rising. It is better to pay special attention to the 4-hour time frame. In the next post, bitcoin analysis will be presented in a 4-hour time frame.
This is just a personal analysis and there is no trading signal. Good luck
BTC >>> momentum is sharply declining, so it is more likely to continue the downtrend. The range 40700-404000 can be considered as a target in 15 minutes. This is just a personal analysis and there is no trading signal. Good luck
If the yellow rectangle (O) is broken upwards, you can open the long position and set the target in the green rectangle (A). Everything is shown in the picture. This is not a trading signal. Good luck
We have to wait for the price to come out of this triangle! 1.13845 >>>>> very important
The area indicated by the yellow rectangle is a historical supply/demand area. As long as the price chart is below this range, we can not say we have an uptrend.
In the EURUSD we have a triangle formed after a falling wave. Does this triangle act as a flag (continuation)? Look at the picture! The bearish trend has been corrected to the level of 0.618 and after that, it approached this range but did not reject it. For this reason, I think that the downtrend in this currency pair will continue. (In monthly timeframe)
These days, the crypto market will fluctuate due to exogenous events (the decision of the Federal Reserve and the dispute between Russia and Ukraine). Therefore, there is no logical recommendation based on technical analysis. But if you are trading in this situation, you can trust the Fibonacci correction levels (0.382).
The bitcoin price pattern in the 4 hour time frame is in a very important range. Technical analysis tells us to wait for clear signals in this time frame. But exogenous events (the decision of the Federal Reserve and the dispute between Russia and Ukraine) tell us that we should expect a further decline in the crypto market. We will not trade based on news, but...
At 15 minutes time frame, we see that the trading volume supports the downtrend in this time frame. So we expect the price to fall. The 42800 range can be considered as a target This is not a signal or trading recommendation. Good luck
If the support range of 43400 is broken, the next target can be considered in the range of 42800-42900. This is not a signal or trading recommendation. Good luck
Hello Do you think this pattern can be a head and shoulder? {I think this is correct} If this is true, the ETH trend will be the opposite of BTC! This is not any signal.
short : 44200 TP : 43300 SL : 44460 This is not advice for trade. This is just a personal analysis. good luck
Bitcoin also seems to have formed a head and shoulders pattern in daily timeframes. do you agree? If this is true, we will have to wait for Bitcoin 24-25 thousand dollars. This is not a trading signal. Take care of your capital. Good luck.
The price range of 167 to 172.5 is an important range in this time frame. If the price chart comes out from any side, it determines the trend in time frame 1H.
Everything is said in the picture. This is not a signal. It is our only personal analysis.