Bitdao creating a Huge Head and Shoulders!3Day time frame
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Bitdao takes almost 1year to create a potential inversed head and shoulders.
Trade with the downtrend getting breakout, and targets as marked.
Final target is 1.0350
Bitusdtlong
BIT - Buying StrategyBYBIT:BITUSDT.P
4H time frame
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According to Elliot impulse wave, BIT is on the path of 5th wave.
Take entry from 0.47~0.48
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TP: 0.61
SL can be triggered if uptrend is broken.
BTC Decending BreakdownBitcoin Decending Triangle Breakdown And Now Retest The Triangle And Entry Will Retest And Stop Loss Shift 20250 And Take Profit 18800 2nd Take Profit 18200 And Third Take Profit 17800
Resistense 19400 And Now Short Stop Loss 20250
$BIT #BITUSD Another incoming leg down.Bit seems like wants to repeat the pattern which it did last 3 times , with breaking the raising support line.
On Average after we break this key area , we got a 25-30% move to the downside.
From moving average perspective BIT was rejected by EMA 55 once again.
On the daily RSI we can see that Hidden Bearish Diverge is forming once again.
On the daily MACD we can see a crossover to the downside will occur as soon as today.
I can offer very little hopium as it will be if we reclaim the 1.40$ thus making a new higher high.
Interested to see your toughs and opinions in the comment section, thanks.
Price always repeat itself!Price always repeats itself and this is no zone to short but a accumulate.
The same pattern has been forming in January and June 2021 and guess what is is going to happen!!
War is used for the next massive wave of inflation and it has already started with bank bailout and massive money flowing to military companies like lockheed Martin and Northrop Grumman.
i believe that btc next leg up should take us above 80K!
BITUSDT Bybit token. How beautifully going as predicted from my last analysis. Keep Building more to come for BITUSDT.
