After pullback to its channel we can sell and set sl and tp that I shown in the chart, or we can setsl and tp based on our strategy. Godwilling Goodluck!
Broken trend line, exit long positions that aren't staked and holding short now till around the $2 mark. Volume had dried up to support the new highs. Long term I am bullish on MATIC, I just feel with BTC weakness this will suffer. Entered short at 2.22, PT1 $2. Will hold for longer if BTC keeps falling.
The possible target of the rising wedge formation in the monthly time frame does not look encouraging at all, there is a possibility that there will be a move that will almost completely eliminate the entire annual rise.
if we close weakly under 495xx these the next targets for btc
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If you are looking to enter any trades id wait to see where btc is heading first. to be safe id enter trades once btc is out of the 52-53k zone as many people will be shorting at these ranges.
This shows the energy will likely take us down to test the LOW and I have an alert set at 41990 to letr me know when 42K breaks. I'm looking to close another massive short on BTC and many others when BTC hits 37K. But from there I think we could see wave 4 and 5 trake us down to sub 30K. My extended Target ZONE is 31500-29500. I think we will need to get back to...
1) deviation of lows towards the end of November. 2) falling wedge breakout near the beginning of December. 3) new ATH.
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Bitcoin will go to fifty two thousand five hundred dollars, minimum, within the timeframe shown. It just looks too perfect and planned.
ETHBTC present here un bull flag, but it can going go to down one last time.
The BTC/USDT chart pattern is showing a decline. This is supported by a pattern that may repeat itself, coupled with news that crypto is banned in several countries and market behavior that thinks "BTC is too expensive" which causes FOMO in the crypto market. “Learn from history or you're doomed to repeat it.” ― Jesse Ventura
Following is the downward trend of BTC in one channel and below the midline of the channel forms a W pattern which does not have much chance to complete this pattern and go back up Because it has shown strong resistance to EMA 20 and is more likely to fall to the bottom of the channel. If on the bottom of the channel that price range is 54,200 , It can have...
Looking for a higher low to be created down below. This is just what I see happening on a smaller time frame.
In my opinion. I think btc goes down to there. Btc short It is just a analysis
BTC trending downwards showing bearish price divergence and with rsi and mac d trending up on shorter time frames but price actions not following suit insinuating weakness in the market for the short term we would infer that a abc correction on the completion of the 5 wave is ahead of us. major point of support lies at the 62.8 fib level as well as a price action...
Looks like Ripple may ride $.30-$.40 for some time before another supply run begins
BTC USDT 1d Spot Entry points 59,424 58,056 55,776 Targets 63,517 65,572 66,942 Capital management and step by step purchasing MOMENIfinance