In 4hour, as you see an inverted head and shoulders is forming, but it is not definite. It will be valid when the price break the neckline up in a valid manner. So do not hurry.
In 1D, If the price break out then it is back to bullish channel 1 and will also break the bearish channel 2.
This is just an analysis, DONT FORGET TO CONSIDER STOP LOSS AND TAKE PROFIT.
As you can see there is one head and shoulders in 4h which comes to two TPs, Then we have one double top which can lead to $7500.
This is a personal analysis, do not forget to risk/reward.
There is a hard resistance in the upper line of the fork.By the end of today and forming the daily candle we can get sure if the resistance is hard enough.
As in the fork we believe that the price always get back to touch the median line.
I published a chart here on 11th April when BTC was $5000 and I predicted good days and they all are happening. I predicted all with our own trading methods.
Now I am updating my chart. After about 189 days, BTC is getting back on track to its real bullish channel.I am expecting that it plays the role of a resistance and BTC may experience a...
All targets and supports are indicated, I do not care about retracement now, because that is the nature of a healthy market. Retracement is like breathing that you have inhale and exhale. I believe the big obstacle is 6824. That's it.
This is Bijan back again from AtlasTED team. Is Ethereum going to wake up?
See below my analysis:
1 D timeframe:
It is showing good support for 7 days in the Support Zone and you see the RSI is getting out of oversold zone, and a small failure swing is spotted.
If the bearish RSI channel is broken then I believe it can be good trigger to enter the...
Hi guys again
See, Bitcoin in bullish channel in 4 hour. The below support of the the channel has done great for 4 times and I believe not thing would be dangerous unless the support is broken In a valid way.
Just see it in 1 hour, I believe it is making a three bottom and the it may break the median line and reach up the fork. Be scared if the bellow parallel...
Bitcoin Reversal Trend
As you can see after 410 days, Bitcoin could break out its bearish Volume Candle channel which is a very good point for showing reversal trend of Bitcoin and could break out even its 200 SMA volume candle. Just see that it is creating another bullish Volume Candle channel.
As you can see after 455 days finally the price could break out the...