Maco view has not changed. Wave (D) of the triangle is different than predicted. A triangle is difficult to count, especially the one wave that develops differently than a standard zigzag. I think X is done. (a) is developing and I expect it to run to the green box 44-46. Then shallow (b) and last wave (c) of the double zigzag to 52 - 55. After this E will be...
💫Ape Coin is gaining popularity, as is the entire NFT industry. More implementations, more development and research. Today I will show you the scenarios that seem most relevant to me. Let's mark two value zones on the chart: 🔶$13.7-14.4 - support for the price, from where the upward movement began. 🔶$17.6-18.35. This value zone should become support for the...
Hello, everyone! Yesterday I was concerned about potential breakdown to the downside below $37k, but the BTC confirmed the strong bullish signal, that’s why I re-entered position at the same price as the previous time. The Bitcoin formed the strongest divergence with the MACD histogram and MACD line. Moreover I missed the fact that the true countertrend line 2...
BTCUSDT price made a breakout of the wedge pattern, if price holds above the structure, I expect the price to move higher towards next resistance. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
The Falling wedge pattern can be seen in the Bitcoin daily chart, while a positive divergence can also be seen in rsi.
Our global forecast for BTC price movements is a continuation of the decline. However, depending on the local situation, you can catch a short-term trade. The price of BTCUSDT starts to slow down in the range of $37,700 . Sellers were unable to update the previous low from May 1. A local growth momentum is needed to continue the fall in the price of BTC. This...
Hi, this is my new uppdate for BTC. BTC has fallen over 20% in the last month. We are seeing big movement now and the first one is that we are breaking out from a falling wedge and that is a good news. If the RSI gets above the resistance 47.5, then we are going easily to RSI 60. The other good news is that we have hold the upward parallel chanel. I expect the...
We are expecting a bounce in Bitcoin at current levels. Profit taking level @ 40,205 Tight stop loss @ 37,606 due to expected volatility on FED day
Random realization: If you take the region above the 52W MA during 2018-2000 (white line), take those candle patterns, and mash them together, you get a pattern which matches the current candles to a disturbing degree. The only difference being, of course, there wasn't a massive dump between the two pasted patterns. We dropped down multiple times in 2018 to test...
Nice to meet you, everyone I'm an alt trader I am a South Korean soldier I'm analyzing and recommending things that are similar to my personality among many alt coins Falling Wedge We're going to go up and test it's going to go up Targeted blue resistance lines
💬 What do you think? 💬 Everything I share is how I trade personally. 😉 Enter the trade by checking yourself. ☑️ Do not put more than 2% of your capital at risk! ❌
Will it break down or break up? The channel is ascending for the last two years, which in most circles is bullish, but chatter has been negative in the outlook for BTC The trend line is heading south, but the question has to be asked, will it break up or break down? Northern Hemisphere summer will be interesting, and how far will the Ukraine war go? Will the...
BTC has bounced again off the daily support trend line and now hopefully we can see a retest and breakout of 4 hr falling wedge.
When is it time to accumulate? Buying when price is down…You make the wealth in the Bear Market… Looking at the Gann Map, macro we can see Bitcoin has been descending down the green channel consistently… How long? I was hoping we would see an exit now, yesterday… however 32k would be the full complete crossing of the red river of death…I days on multiple of 5 we...
On the daily and 4H timeframe, there is a weakness for the bearish trend and we have a double bottom in the 1H timeframe, So we can trust it and take a long position.
QIUSDT, Very pure idea, going long, what you think?
I believe we can see 30k if 37k break and the daily candle close under 37K SO be careful these days and follow FED and its numbers even market price all the news previously but if they say anything more than expected then we have 30k for support have a good day NFA
Hello, everyone! I opened long 2 days ago supposed that the falling wedge formation was finished, but the market decided to show us another leg down. I closed position at small loss and have intention to re-enter lower. I will be surprised if the trendline will be broken with the first attempt without the significant bounce. We can see the market is forming the...