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BTCUSDT BinanceBTCUSDT Binance 4H hollow candlesticks A descending parallel Channel has been formed, after the ATH (all-time high) at 110165$. We can expect a price correction about 67338$ that is exactly the red line, as also the price drops to 62,000 and a flash a wick to 52 -53,000$. The bar pattern (flipped fractal) has been formed from a previous movement, indicates a future price movement. We can also see the current Support and Resistance areas. Market Cap: $2.75T +0.42% 24h Vol: $48.68B -30.46% Dominance: BTC: +60.5% ETH: +8.7% Good Luck #CryptoHellas Team
by CryptoHellas
BTC diamondHey everyone, heres another idea on BTC On the 1 hour timeframe i have spotted this diamond pattern formation. It could be wrong and just break out to the previous support at around 26 800 Or we could see it bounce off and head towards 28200 area before back down to around 27400 before making the decision of heading down towards 25500 or up to the 30K area Its currently below the 200ma and bouncing off the 21 simple These levels also has confluence with R1 pivot and S1 pivot will soon see what plays out
BITFINEX:BTCUSD
by Crypto_SUP_Surfer
1
BTC 1 hr TF possible rangesHere is my idea on BTC, could play out? It has broken out and retested the main white downtrend line. The new red line is the downward retest line it has to now break. At the first range i saw a head and shoulders that brought BTC down to retest, Its now in the retest range but i have spotted an inverse head and shoulders in this range, so a break out to the range above is plausable. If it does then maybe a bigger inverse head and shoulders could play out. It would get BTC back up to the Value Area High.
Long
by Crypto_SUP_Surfer