BTC Status🧐As you can see on this time frame we have a bullish trend at 3 ascending waves from 28Nov till 1Dec and after that, we can see the price near the primary resistance zone is building a falling wedge pattern, this pattern can send the price up but I don't like to see this pattern bottom of the resistance zone !! I want to see this pattern above the support zone, so I don't care about this pattern.
so if we consider that 3 waves are one ascending wave at the upper time frame we need 1 correction wave for that and that price is 16500 this is my opinion what is yours?
if the price break the resistance zone this analysis become fails.
Classicpattern
BTCUSD D1 an inverted ABCD pattern !Hello traders this is my new analysis about BTC in daily time frame as you see we have an inverted ab=cd Harmonic pattern and we see a powerful return from PRZ area there are two scenario the first one is that the price break this resistance and goes up to the determined targets and second one is that the price goes back to the prz zone and make a double bottom classic pattern and then goes up !
If the price break the prz area to downside this analysis will be fielded
TRXUSDT D1 Good opportunity to buy ! Hello traders, as you can see, the TRXUSDT chart has had a good reaction to the bat harmonic pattern in the past, and now, after completing a shark harmonic pattern and returning a price from it, it expects a price rise, as well as in Ichimoku KS And TS have given an ascending cross, while the presence of a large gap in the Ichimoku clouds increases the probability of ascent. I have identified the main resistances and I expect to climb to these targets. There is also the possibility of a price reversal from the current resistance and the formation of a classic double bottom pattern.
TD Sequential and Classic Fib Retracement to 0.382 on DailyTD sequential has counted 9 consecutive bars downward on the daily, this typically is indicating a retracement is about to take place. When measuring the highest high to the lowest low on the daily's down trend this becomes a textbook Fibonacci retracement to the 0.382 level. Further supporting evidence to support this theory is the rejection of the downward movement past 1.24500. When moving upward there is a strong support level at 1.26100, I will be looking for a short opportunity at this level.
I am long on USDCAD because of this upcoming correction followed by a short at the psychological level of 1.26100
This is not Financial advice.
EURUSD - Head & Shoulders BottomSomething to keep an eye out for on the $EURUSD this week is the formation of this head & shoulders bottom pattern. A violation of the neckline line would offer a price projection to the 1.1850's & 1.1950"s level in my opinion.
Akil
Has anyone else noticed that the Ref's in the NBA finals are wearing Golden State Warrior uniforms