khairulharis

khairulharis

Potential future target if it breaks out of this enormous Cup and Handle?

khairulharis

Price could see a rebound off the previous support level forming an inverse head and shoulders pattern. A successful H1 rejection will allow me for an entry with a confirmation of bullish HA candle. Price to retest previous support which would now be potential resistance. Beyond that, if price pushes through the 200MA, we could see further upside. I was...

khairulharis

Falling wedge in a falling wedge. Price has broken out of the yellow falling wedge. Will wait for a successful retest before going in for a long.

khairulharis

Short term, prices are starting to complete the inverted neckline. I expect price to retest levels below to form the other shoulder before stepping up. Short term SELL Long term BUY

khairulharis

Whenever a triangle / pennant is formed, breaking out at the halfway mark will usually turn out to be a fakeout. I am still expecting Bitcoin to retest the bottom of the triangle / pennant before making it's rise up and breaking out towards the end of the formation.

khairulharis

BTC following Wyckoff accumulation to the T. Here's my take on the next moves.

khairulharis

Bitcoin is following the Wyckoff accumulation to the T. Here's my projected move to the upside and into Phase D.

khairulharis

Following the Wyckoff accumulation pattern, we are currently in Phase C. Price breaking downwards out of my wedge looks set to be retesting the wedge after breaking out of a mini triangle. Price target from the small triangle fits nicely to the fib level of the wedge retest. Price target down from the wedge retest is the height of wedge and falls nicely to my...

khairulharis

BTC potentially forming a bigger pattern after a break down of the recent triangle. Same trading strategy, will now relax and wait for a breakout of this bigger symmetrical triangle.

khairulharis Updated 

BTC has formed a new pattern and attempting breakout in a few hours. Trade in direction of breakout with confirmation on lower timeframe. MACD shows there's more potential to the upside.

khairulharis

An ascending triangle is normally a bearish pattern but in market situation we are in today, we need to allow for confirmation / retest of breakout to get a valid trade. Personally am more inclined to a break to the upside. Price prediction refer to fib levels.

khairulharis

Just some idea. Fib used for possible price targets.

khairulharis

Using the fib levels as possible price targets and the fact that the support line still holds (at the moment of publishing) BTC could still have a leg up. However volume has been very low and a failed breakout normally reverses to the other side. Do check out my bearish scenario as well.

khairulharis

BEARISH POSSIBILITY Looking at the last 2 retracements in this consolidation phase, the golden pocket (thereabouts) are very well-liked by BTC. If the current trend continues and a successful retest of the support-turned resistance turns true, it might go back for another bear move to the golden pocket. Do check out my other analysis for a long even after a...

khairulharis

Self explanatory on the chart. Prices currently retesting previous resistance turned support trendline. If it breaks the recent high of the initial breakout, we might be headed for the price target as shown.

khairulharis Updated 

BTCUSD is currently in a symmetrical triangle but as the space between touch points on the support gets closer, there is high probability that it will break to the downside. Measured bear target as shown by horizontal line. As a HODLer and trader of BTC, (with Pi Cycle top recently shown) this is worrying for the BTC bulls....

khairulharis

BTCUSD currently in a rising wedge pattern. A breakout to the top with successful retest would see prices meet the around 80k fibonacci level. A breakdown with a retest of the rising wedge could spell a bear target of 43k. Fundamentally, we are still in a bull market and previous bearish breakouts have not met its bear targets (most of the time) whereas bull...

khairulharis

Cardano set to break out of triangle/wedge. Enter on retest of support.