on lower and higher timeframe BTC made the diamond bottom and looks bullish!
there is a slight chance BTC could touch ascending support again
mostly coins make the same pattern multiple times inside the same pattern and diamond bottom inside a diamond is a confirmation of the pattern bullish if breaks upwards
80% chances are it is making diamond reversal or double bottom and we know it is in a falling wedge
it could touch support first all I know is the bottom is near!
El Salvador news is huge for BTC a healthy correction is also great for BTC
it is also in a parabolic curve which can target 82k-120k
BTC is bullish at least for this year!
always use stop loss!
BTC is in the bearish curve and could make double bottom here
also, it just gave a pullback to the support turned resistance line SHORT!
invalid if the candle closes above resistance that is also a sign of double bottom in the short term
BTC is following these channels and made a good support zone 70% we can see the double bottom and great pump or 30% it goes down to 2nd path around 39k and then it can make a double bottom for the good pump!
SXP major support and resistance zones along with Fib Levels and the plausible path it looks bullish
SXP's Dump was huge bcos it made a parabolic curve and dumped in the bearish curve
wait for Daily candle close to trade this coin!
squeezing towards resistance is bullish rejected 2times looks lil bullish and touched support fib 5times and support is strong and it looks like btc could brake my parallel channel but be careful it can also do a fakeout! but for now it looks bullish!
a little update for my previous wrx update as speculated we can see handle is in making but the question is will it break fib circle can be used for to see that when is the breakout and support resistance do support that TRZ zone and if you notice WRX respected that fib circle
potential cup and handle wait for break and retest
potential parabolic curve good buy opportunity if it shows little bounce from curve's support
huge targets are still on the table
Coti is fundamentally strong and organise competition and have pretty decent roadmap
and they mostly follow their roadmap targets on time
good buy when it touches yearly...
currently, we are at the top of Inside Ascending Channel (yellow) we could we a drop to 45k(mid support) or 39k which is the bottom support of this channel
if we break this channel we could see some damage which is highly unlikely because the support zone is really strong mid support or bottom support might hold (90% chance any one of them will hold)
in a highly...
70% of times bigger timeframe patterns
can be found in a smaller timeframe
here we are looking at a potential bearish crab
but if we pay attention to the smaller timeframe it also made falling wedge after that made bearish crab which is in a small rectangular box
which looks exactly like our bigger timeframe pattern
but surprisingly it turned out to be a cup and...
46.6k is strong fib support and currently testing 50.6k 0.618 fib level might take some time to break that resistance,
some more resistance zones are 56.3k and 62k-63.5k which makes it double top too..
Forecast: 80% Bullish and 20% Bearish
73% Greed is there.
BT.D is at extreme lows