mansoorashraf84

mansoorashraf84

In the Given Chart, we have a long term trendline coming all the from 26 June 2019 Top which played Nicely in 20 December 2020 and played well in the May June 2021 Dip to the current potential bottom. Then we have a trend line from 25 April 2021 Bottom to the 21 September bottom and continued to the current potential Bottom. Then we Geometrical Patter which is...

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In Trading, geometric patterns play a very vital role in placing the bids. In the current scenario, geometrically, this seems to be the bottom for BTC and we may see the next run in coming days. As no one knows for how long BTC will bounce here, but at least according to this analysis we are good. But this is only the one perspective and to be sure of the...

mansoorashraf84

Forming cup and handle. Pennant and Inverse Head and Shoulder in the handle. all indications are telling us to go green.

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LINK is in this major pennant for so long and hasn't moved much. DOT which has somewhat identical price with link has moved and now is the time for link. It will be a long trade though and may not workout in a day or two.

mansoorashraf84

It seems that BTC is in Rising wedge, and continuously rising without taking any correction since 42000, so a correction is needed and chart pattern is also indicating the theory.

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Forming Inverse HnS, Gonna Go High. Usually this pattern indicates the spike in the price.

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1INCH is forming inverse HnS, which indicates the price is about to rise. NFA, DYOR

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BTC needs to breakout from this rising wedge or the things could go ugly for BTC here if this wedge is validated then we are seeing 40k to 42k one more time. NFA. DYOR

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With the given trendline in the chart we have a lot of touchpoints and rejections. Recently BTC is continuously trying to breakthrough this resistance trendline and we hope that it will do this time.

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Seeing the Weekly chart of BTC, we need the weekly candle close value to be above 53k to avoid the pattern.

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We are eying at the breakout of the trendline and its retest is in process, then onwards it will test the inclining trendline.

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After around a month of retracement and forming the bullish flag, BTC breakthrough it and now heading towards regaining all time high after passing through the "Rektember". It might now gonna retest the flag support or gonna straight up.

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Looking from far to see the broader picture, here's the look at the polygon's Metic, which is according to chart, very bullish. sitting at the base of the channel as a strong support. It can bounce from here and go to the highs of the channel.

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Previously, I charted the descending channel in 1hr TF. Now, we have a bullish pennant at 8hr TF. NFA!

mansoorashraf84

Although the sentiments are bearish, but look what potentially we have here? This could be a potential short term long position. Its not a financial advice.

mansoorashraf84

ADA is stagnanat for a couple of days while the fundamentals are strong and expectations are high for this blockchain project. The chart analysis at 30 minutes time frame is suggesting inverse Head and Shoulder in completion phase which is a bullish sign once it crosses over the resistance and do a retest.