Hi everyone! Long time no see! This is simple analysis according to indicators and graphic pattern on weekly chart. First of all we see two signals in a row that shows us buy signals. First it is TD Sequential buy signal where BTC hits 3300$ and it shows little green arrow to the upside indicating that this was reversal point or bottom. Second indicator was “Ali...
Everything you see is on the chart. Rising wedge bearish break down pattern on daily. Strong resistance and possible rejection on 160$ > + key levels. If key resistance will be broken up then this idea would be invalid. If price starts to break down starting next week better to open shorts on eth-usd with targets to 80$. Gl and HF!
This is bearish triangle on weekly. Here is some example of this pattern with BTC that played out already:
And this is next picture the same triangle with XRP on weekly, yet waiting action to come soon.
XRP has a very big potential to drop all the way down.
I see pretty clear that this is a double top extremly bearsih pattern on BTC/USD, and key support is broken so double top is confirmed. Main targets are 3200-3100$ then bounce back is expected to 3400$ level and after that it's
going to drop lower to main target 2500$. This is my vision. Press like and share!
No FOMO to the Moon, no Bulls, we are in Bear Market, so do not fight the trend. Trend is tour friend until the end. So we should wait when this bear market will find it's true bottom. We have more room to drop.
Keep an eye on DASH/BTC, falling wedge reversal pattern is coming in play soon. As the price breaks the wedge to the upside, look for the good entry. It is possible that price could break lower until it will finally
break an apex of the falling wedge to the upside. This is long term analysis on daily chart. Press like if you liked this idea and subcribe to my...