BTC USD - Who will win? Bulls or bears?Morning traders! Here we are with the bitcoin! Easy setup for it , is moving sideways between 7.8k and 8.4k , a lot of people are waiting for a breakout of this rectangle to understand the next move of the BTC , meanwhile in daily timeframe the price is going to reach EMA 200 and 100 , It could act as resistance zone. Be patient!
Btcusdsignal
CRYPTO : BTCUSD LONGTERM SHORT BASED ON H&S + ABC CORRECTION !!We've got a Head & Shoulders pattern completed (it is cleaner on the H4 but I've charted on daily to show the ABC correction as well).
Our first target will be $8k and second target is $5k. Stops would be above the $17k psychological resistance level.
Now that we've broken the neckline, I would expect a retest of the neckline as previous support and should now hold as resistance. This would complete the B-leg and from there a deep correction back to $5k-8k.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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Sell BITCOIN (BTC/USD) Based on Multiple TF ConfluenceThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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