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K1 is a bullish hammer candle, K2 verified it, and it nearly break up K1. The supply pressure sharply decreased here. So, it is possible that the short-term downtrend will be reversed here. If the following candles fall back to test 0.5fib line under low volume, It will be a good place to buy in. Long-63000/Stop-62200/Target-70888 Short-70900/Stop-71800/Target-66000

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After K1 breaking up the downtrend line, K2 tested it under sharply increased volume, The following candles verified that It was a successful test. A sharp rebound will likely price up to test 0.618-0.786fib area. Buy-2330/Stop-2325/Target-2370

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After K2 close below the neck line of a potential double top pattern, K3 is breaking the uptrend line. A short-term downtrend OR larger scale horizontal consolidation process is possibly on the way. If the following candles fall back to test the uptrend line under sharply increased volume, It will be a good place to short it there. Short-2318/Stop-2334/Target-2271

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In week Chart, K2 close upon the neck line of a potential bullish head-shoulder pattern. The supply or demand pressure keeps at high level. The larger scale horizontal trend still has its power to pull back the price. If the high supply pressure candle K1 want to reverse the bullish market, K2 must close below the support immediately. It seems that the...

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It seems that BNB/BTC is trying to break up a bullish flag. The possibility is relatively low here. If K3 finally close upon the resistance, Another bull run will start here. If not, K3 will touch the resistance and fall back, And the horizontal trend will go on.

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K3 tested the uptrend channel under decreased volume, It failed to breakdown the neck line of a potential double top pattern. So, it is possible that the bearish pattern had been reversed by the bullish hammer candle K3. After a three soldiers stalled pattern(from K1 to K3), A rebound is on the way. The first day of the week is important, If it break up the...

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K3 break down and close below K1, It is a strong bearish pattern, And it verified the previous bearish pattern K0. From K0 to K3, The supply pressure is also increasing. A potential large scale double top pattern is on the way. Will K4 price up to provide an opportunity to let me get out of the market ? I don’t know. So, I cut off half of my long positions...

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K1 is a bearish hangman pattern, K2 verified it. So, a potential double top or bearish flag pattern is on the way. K3 is breaking the neck line of the potential double top pattern. If it finally close below the neck line under sharply increased volume. A motive wave may take the price to the uptrend line or 0.5-0.618fib area. It seems similar to BTC.

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Along the downtrend line, A last motive wave(05) possibly had run to the end. It seems that a three soldiers stalled pattern had stopped the last motive wave. But it must be verified by the following candles. If K4 close upon the downtrend line or K2 to establish a bullish morning star pattern. It is possible that the bear market will be reversed here.

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K2 break down the neck line under increased volume. It turned the neck line to a potential resistance. If the following candles rebound to test 0.382fib area. It is a good place to short it there. The stop loss could set at 0.5fib line area(about 3250).

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K2 is a bearish hangman pattern, K3 verified it. So, a potential double top or bearish flag pattern is on the way. I nearly closed all my long positions at K3. The potential support is 0.5-0.618fib area, I will try to buy back there. If the following candles break up the flag, I will also change my mind and try to buy back.

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K1 and K2 is approaching to the resistance to test the supply pressure, The supply pressure keeps at low level temporarily. If K3 close below K1, The risk will sharply increase. If the following candles consolidate here for days and finally close upon the resistance. A bullish upthrust wave will likely come up.

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Candles were trapped into a dead corner, The market will choose a direction to price up or break down. It seems that the resistance is losing its control here. It is a potential uptrend triangle pattern. If K4 close upon the resistance, It is likely that an upthrust wave will come up, And, candles will touch 60% area.

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K3 is a bullish hammer candle, K4 verified the pattern. So, it is likely that the following candles will keep climbing up to test the upper price of K2. On the other hand, The demand or supply pressure from K2 to K4 keeps dropping. If this momentum continues, The short-term uptrend form K3 couldn’t go far. It is likely that the large horizontal consolidation...

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K3 is breaking up the dead corner. The market chose a direction to climb up. From K1 to K3, it is a strong bullish morning star pattern. It is likely that K3 will close upon K1. So, it still worth to buy in. The historic highest price 69K and the nearest uptrend line is the potential support. It is still worth to hold for a long time. The market is healthy.

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From K1 to K3, It is a bearish three soldiers stalled pattern. The sharply increased supply pressure also verified the resistance of the historic highest price area. It is likely that a month scale consolidation process from K3 will continue. So, if K4 price up to test the resistance of 2/1 Gann line, I will try to partly decrease my long positions.

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From K4 to K6, it is a bullish three soldiers advancing pattern. It close upon the left top. The demand and price behavior is compatible. It means the bull market is healthy for now. The potential resistance from the left top is really weak here. There is not obvious signals to verify the effectiveness of the left top. The bull force is in fully control of the...

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K1 to K3 is a bullish morning star pattern. K4 closed upon the resistance and verified the uptrend. The supply pressure increased here. If the following candles fall back to retest the resistance to verify the uptrend, It still worth to buy in.