There is Reverse Signal,
1. Pull back at Fibonacci 61.8% at 20770
2. Double Bottom Chart
3. Divergence at RSI
4. Breakout and Pullback at 21300
4. Trend Treding along ascending Channel
5. Pull back at Moving Average (20) at 21300.
I predict that BTC go to 61.8% of the Previous Bearish Run up to 23500.
1. Short Scenario -----> BTC is in the Bear Market. Let's see how BTC reacts on 30K. Let's see if creates Double & Triple & Head and Shoulders here and go for Short. - 70%
or BTC just break down 29.4K directly and goes down.
2. Long Scenario ------> BTC breaks out 30K and waits its retest and goes for Long - 30%
As we see BTC got strong support of 0.618 around 48K two times and it is moving along a bullish channel above 50% of the channel width.
It definitely will reach 50.5 soon in short term.
As we see, BTC checks Strong support 3 times around 45.8K which is on Fib 0.618 level
While there is New Moon Phase is occurring. We see a possible Breakout soon and Target could be 56K.
BTC has broken down weekly Support line, and market is waiting important reaction on Fib level 0.618 around 53K.
Based on coming movement on this point Long and Short decision could be made.
BTC is currently forming Diamond Pattern for continuation as previous trend.
Trade: Wait for a breakdown of the "Diamond" pattern and trade in the direction of the trend prior to the pattern formation.
Target:The prior range before "Diamond" formation is the target from the breakdown level
Stop: Place a "stop" order above the high of the "Diamond...
BTC is forming Head and Shoulders along Descending Channel. It is confirmed that price moved with heavy volume on left shoulder and head formation.
Trade: When the price closes below the neckline, a potential short trade is signaled. Short one tick below the breakdown bar's low.
Target: Vertical distance between the "apex" of the "Head and Shoulders"...
EURUSD is giving a signal as below for Sell,
1. It tested and bounced down on upper trend line of Falling Wedge
2. MSH was formed and gave us to signal to Sell.
Trade: Sell because price closes below the low of the third candle.
Target: One is to trade until another MSL forms near a key significant level.
Stop: Place a "stop" order above...
As you see BTC is making symmetric triangle and everyone is waiting clear breakout/breakdown.
"TO BE SIMPLE IS TO BE GREAT" By Emerson.
Most triangles result in a clear breakout and breakdown in the direction of the prior trend. So it has higher probability to go down.
Trade: Enter trades only when "Symmetric triangle" breakdowns are confirmed by...
ETH is forming MSH and going for confirmation below breakout bar.
Trade: Wait for bar below lower low bar.
Target: Swing low of prior to the MSH pattern.
Stop: Above Higher High bar.
ETH is probably go down and forming Trader Vic's 2B Sell Pattern.
Trade: Wait for Sell Below line to be broken and closed below.
There is a Trader Vic's 2B Sell pattern is being formed.
1. Trade: Sell setup below the breakdown bar.
2. Target: Swing low prior to the new high bar.
3. Stop: Protect sale above higher high.