Minor (Bullish) and Major (Bearish) Bitcoin Price MoveThis is my unbiased observation on #Bitcoin price move as seen on the lower TF (4hrs) and the higher TF (Daily).
As seen on the chart: The 4hrs TF clearly shows a Bullish flag Pattern has been boldly printed which signifies an upward move in price to the $48k - $50k region.
Moving onto the Higher TF, a large Bearish Flag can be boldly seen printed on the chart and it's a confirmation that we are still going to experience a massive upcoming dip to around the $28k - $30k region.
@CryptoPornster @JBDigital
Bearish Flag
POUND- Bear structure, bear context .Hello everyone
In the past week we witnessed a steep bear market structure bringing us to channel that we have last been on July of 2020.In this situation we may get to see the price lose the sharp and steep momentum's of the last week for GBPUSD.
In addition to what we have seen so far , we may get lower prices for GBP. With the support level of 1.25$ and resistance level of 1.26$ ,as a channel on daily ,we may have the price stays in this channel for a while ( on the good side).If you see the full part of the glass, we may even see the price reaches down to 1.2$ by the end of the month or the end of the next week.
For those of you who want to buy here:
You have seen a pinbar( 3 bar pattern) on daily, but the context is not in your favor.
NOT THE BEST TIME TO HOLD BTCThis is daily renko chart with 1% block size. Renko cuts out all the noise and shows things from different perspective. And it looks like btc has formed a bear flag and we just had a break out to the downside. No price targets yet, but let's see how deep it can go. Do you think this is a bear flag?
My predictions for BITCOINIn my opinion, I believe Bitcoin is going to go up all the way to the resistance line, and then drop down past the support line and crash. It is probable, since the bearish flag has been forming since last year. It is also reliable, since the time frame is very big and the flag has a massive range.
DISCLAIMER: This is a prediction and can’t be considered till further notice. I may be wrong.
CRYPTOCAP:BTC
ADAUSDT is in a bear condition to a short day tradeADAUSDT is in a bear condition to a short day trade. Analysis based on Fibonacci retracement fundamentals for the price action lecture and Ehler's Fisher Transform oscillator.
EOS inverse H&S and bearish flag#EOS/USDT
$EOS 15 min
🐮 inverse head and shoulders can increase price to upper line of parallel channel.
break out from parallel channel can increase price to 0.5 fib level of daily swing down around $2.3
🐻 rejection from upper line or middle of channel can shape bearish flan and drop price to $1.78
BITCOIN: Patterns inside patternsAs you can see from the graph, there is a falling wedge inside of a bearish flag, which itself is inside a bullish flag. Normally, when patterns are bigger and in a bigger timeframe, they are more effective. This probably means Bitcoin is about to explode.
BITSTAMP:BTCUSD
BTC falling wedge of bearish flag#BTC/USDT
$BTC trend lines
🐮 falling wedge + divergence between price and RSI in 4h time frame
🐻 bearish flag pattern in daily and weekly time frames
BTC continue dropping to $35k#BTC/USD
$BTC broke down from ascending channel.
🐻 price can have a boring moves between $40k and $37k for days, then drop more to $35k.
and breaking down from support of $33k will drop price to $30k and $27k.
🐮 if bulls success to keep the support of $35k price can head up to middle line of weekly channel.
DGB- good wedge formationHello everyone
The bear channel of DGBUSDT is turning into a wedge pattern ( tight one)that shows a possible reversal or a steady bull channel formation in the next few days.
On 4 hours chart however,we can see a small bear flag pattern and a possible head and shoulders pattern, which shows, that market can touch the support level ( 0.0225$)and come back and go up to resistance level 0.027$.
P.S. : Wedge pattern is more likely to have a reaction,because of higher time frame , and volume.
BTC: BEARISH PATTERN! STAY ALERT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC /USDT update. BTC is not looking good here.
Let's get to the chart first.
BTC is making a head&shoulder pattern in an 8hr time frame which is usually a bearish pattern. It also breaks down the neckline of the head&sgoulder pattern and currently retesting it. After this retest, we can expect more dump.
BTC has important support at the $36.5k-$37.5k level. Either we get bounced from there or if not then it falls more and we might see $30k according to this pattern.
Also, if you see a daily chart of BTC then you see that BTC is forming a bearish flag pattern in the daily time frame which has not broken down yet. If any daily candle closes below $39k then it will be very bad for the overall market.
What do you think about this?
Do you also think we can see more dump from here or do you think that BTC starts pumping from here?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
BITCOIN - The bears have taken over!Keep it plain, simple and minimize the noise!
Here we have a bear flag, or what some people where viewing as an "Ascending Triangle".
It doesn't matter which pattern it really was, as all patterns have the probability to go both ways.
We broke out to the downside, now I am waiting for a bearish retest to confirm lower prices.
The reason I am waiting for a retest confirmation as this could be a bear trap and simply liquidate the shorts..
At the moment - the market is sideways, choppy and RISKY.
I have various different set-ups I'm watching and always waiting for confirmations of each one BEFORE entering a trade.
I have also linked an idea to this, that I think is good to keep an eye on.
Comment your ideas down below :)
$BTC potential bear flag break down!* Was in a down trend
* Has been in a potential bear flag from mid January 2022
* Despite it breaking down from the potential bear flag, there are multiple levels of support before it reaches its measured objective.
* Key level of support being around the $30k mark
* The trend line extending from Jan 24, 2022 may act as a confluence of support with $37.5k (circled area)
* Key areas of support to keep in mind if you're planning on shorting:
* $37.5k
* $34.3k
* $30k
* A break below $30k may send BTC to its measured objective of ~15k.
BTC H1 bear flagBTC making bear flag and also we are seeing strong resistance on fib channels.
The support are turning into resistance so a retest and more downside is coming.
Entries are on chart.
Could it be a bearish flag pattern?A possible bearish flag pattern backed up by the 20ma crossing below the 50ma. Also the NZDUSD pair has been in a steady decline. I currently shorted the pair. We must keep in mind it has been oversold according to the RSI, so there may be some short term upside.
DOT bearish flag of inverse H&S?#DOT/USDT
$DOT is below middle line of parallel channel.
🐻 if price hold the resistance of middle line of parallel channel and break down from lower line, this move can act as bearish flag and price will drop to support zone around $16.
🐮 if price break out from middle line we can see an inverted head and shoulders patten and price can head up toward resistance zone around $22.
Bitcoin inverter chart Not for trading or investment
BITCOIN STILL IN A BEAR MARKET, AND IS FORMING A BEAR FLAG. So be careful
BTCUSDT where we headed Hello Birdies,
Lets analyze BTC once again. @VincePrince just posted same flag while I was writing this :)
Chart:
BTC making a huge bear flag
We plotted 3 resistance which is in play (which can you help scalp the BTC )
2 resistance are from ATH of May and Nov
1 is a local resistance.
Trend based Fib time
Analysis:
Price is squeezing between bear flag bottom and local resistance
We may see a bounce and if it hold support @ 41, 500
Start bull trap which will end at Nov ATH around 43 000 to 44, 000
Go short start of capitulation
Expected time for all of this is plotted using Trend based Fib Time it says 11 Days.
BTC where we headedHello Birdies,
Lets analyze BTC once again. @VincePrince just posted same flag while I was writing this :)
Chart:
BTC making a huge bear flag
We plotted 3 resistance which is in play (which can you help scalp the BTC)
2 resistance are from ATH of May and Nov
1 is a local resistance.
Trend based Fib time
Analysis:
Price is squeezing between bear flag bottom and local resistance
We may see a bounce and if it hold support @ 41, 500
Start bull trap which will end at Nov ATH around 43 000 to 44, 000
Go short start of capitulation
Expected time for all of this is plotted using Trend based Fib Time it says 11 Days.
MANA- divergence or bear flag?Hello everyone
On daily chart on MANAUSDT we can see a bear flag pattern appeared and we have good amount of shadow on our last couple of candles, So I believe it is safe to say there is a possibility of a bear market here,but where is the next support level ??
We also can see a divergence happening on daily chart. All I can say here is that I hope the divergence works and not the bear flag.
Our current support level is 2$ and resistance level of 2.2$ on daily chart.i guess it's safe to say 1.8$ is our next possible support level.
!!!BEGINNER ANALYTICS!!! BTC Bearish FlagI did some visual updates and im trying to work with single horizontal lines instead of making a huge rectangle that was tilting me a bit ;d Thats my first ever analytics where after some learning tryharded in analysing that in "my way". I expect BTC to go once again above 48k then run down to ~30k if everything will play out.
EURUSD- DIVERGENCE IS getting strongerhello everyone
Bear flag of the may continues with a red candle on April, but we have divergence both on weekly and daily,
With the price this close to support level of 1.078$ we have a better chance of having a wedge behavior here( weak trend lines may not be in the favor wedge pattern).
resistance level 1.09$
DOW on a potential H&S pattern 🦐DJI on the 4h chart is trading near to a daily support.
The price after the recent top creates a right shoulder and is testing the neckline area with a possible bear flag formation.
How can i approach this scenario?
I will wait fro the EU market open and if the price will break below the support area i will check for a nice short order according to the Plancton's strategy rules.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
