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Deepcrabpatterns

Bitcoin Long-term Analyze (Monthly Time frame)📆Today, I want to speak about Bitcoin's Long-term Analyze ( Monthly Time frame). First, For long-term analysis , it is better to use logarithmic charts (Do not forget, if you want to use fibs , you have to turn on Fib Levels based on log scale ). I was able to find 4 Major pivots on the BTCUSDT chart, these pivots were able to make a Symmetrical Triangle . Also, around 65761$ I found == Bearish Deep Crab Harmonic Pattern + Bearish Doji Evening Star Pattern ( it can verify our harmonic pattern / This pattern can make reverse or range on charts) + yearly Resistance 3 For finding the Next Major Pivot, first, we have to know the rules of Major pivots . If point D of our harmonic pattern wants to be a major pivot, the price must return at least 38.2% of point C to D (This rule makes Scenario 2 ) OR price has to rest ( at the time ) at least 38.2% of point C to D (This rule makes Scenario 1 ). In addition, I found one circle on the Monthly Time frame . BTC wants about 13 months or one year to start the next bullish movement . This circle will happen again? 🧐 As I said, I have two Scenarios : Scenario 1 : BTC will run between 30000$ until 40000$ ( Range channel ) for at least about 2 months and 22day (If Point D wants to be a Major pivot/ Time Retracement ) OR Maximum until May 2022 😱. I think that after this correction price can go UP 80$k-91$k // 104$k-107$k // even 130$k-140$k . Scenario 2 : BTC will go down until 22000$ - 19900$ (If Point D wants to be a Major pivot/ Price Retracement ). I think that after this correction price can go UP 81$k-871$k // 119$k-128$k . My Suggestion : please DO NOT buy Coins for Midterm and Long-term investment until the market finds a way. Do not forget to put Stop loss for your positions (For every position you want to open) Please follow your strategy , this is just my idea, and I will be glad to see your ideas on this post. Please do not forget the 'like' button :) & Share it with your friends, Thanks, and Trade safe. Good luck
by pejman_zwin
24
BTCUSD - Outlook Mid Day Update 2021.06.06Guys, once again Bitcoin has given everybody the slip. The upwards momentum last evening at the open was not sustained and price proceeded to make a double flat pattern which I have labeled yet again (w)(x)(y). Current price action appears to be making another form of 3 wave pattern to the down side and possibly creating one of the two possible harmonic patterns on the 30 Minute Chart. Either a Bat Pattern ending at 35371.65 or continuing down to 34263.75 to make a Bullish Crab. This is letting us know that the much larger corrective structure is not yet finished. Taking a Sideline Market Position right now may not be a bad idea. Good luck and Safe Trading!
CAPITALCOM:BTCUSD
by AsproTrader
1
GBPAUD - Bullish Deep CrabWell, is rather rare for me to share my workings this way as I prefer clean chart, so bear with me on this. There's a bullish deep crab setup on the GBPAUD, the level that the setup end was at a Major Support Level, on the daily, 4-hourly and 1-hourly chart. The first target of the bullish deep crab pattern coincides with the assumed retracement level I was looking at, with RSI at the overbought area and other things, I've already engaged the trade.
Long
by RaynLim