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Bitcoinpattern

Bitcoin Strong Sell Signal:High Possibility It Will Break 27.2K Hello and welcome to another Bitcoin analysis video. In this video, we will take a look at the recent price movement of Bitcoin, which surged to $29.8 yesterday before having a sell-off and retracing back up to fill the fair value gap. We will also use some technical indicators and chart patterns to predict where the price could go next and what are some of the key zones and levels to watch out for. Please Consider Supporting Me By Booosting,Commenting, following and sharing means a lot
BINANCE:BTCUSD.PShort
by pcmonk
Range pattern looking like a copy paste, will it happen?Nothing spectacular happening until the 14th Feb in fundamental terms. Despite the fact that we look like we hit the potential top of this range multiple times we can see a pattern happening. The pattern in the chart is not bullish it can just confirm the range, the possible outcome when exiting the range still has bearish chances. Conclusion: Pattern can repeat itself, and can be invalidated on the blue line at $22.304. If that point is broken we have thin air until the previous range.
by SublimeTraders
2
Bitcoin - next move on 1D!Given our ground zero on 22 June 2021 at 28700 USD, Elliott waves on 1D suggest that 42000 USD was our correction point A. Based on that it is fair to assume that point B would be between 38.2-62.8% Fib that derives from ATH impulse to point A. However, I would consider to go Short at 50% Fib, around 55500 USD area. This where the price can be expected to bounce off the blue trend line and thereafter, drop down to 33300 USD which would be point C. Indicators support feasibility of point B Both RSI and MACD are at the bottom of a falling wedge. Stochatic RSI is in the position of growth. RVI is following an uptrend.
by WallStreetFox
4