XPET VERY BULLISH SCENARIO
Hi friends.
An ADAM & EVE pattern formation at XPET .
Once the price breaks above the neckline level, it immediately rises to start a new bullish movement.
As we can see , the coin gain some volume , but it needs more to confirm this scenario.
Stay safe, use SL , DYOR , good luck !
Paterns
BTC head and shoulder formation startedIf you follow trading light, you can see the orders placed and we know BTC will go down to 28000 and some good orders in the $27900 range, so Market Maker will go pick them up, but then I think we get a week or two sideways before up to $40k this summer. I see the finish of the head of head and shoulder pattern. Time will tell not much news this week to go off of, but with the US dollar still falling and resection likely with housing markets to crash next it will push BTC and gold up. I see $40k this summer without any resistance after April and it could go to $50k as well. any numbers above that are hopium. Good luck all. do your due diligence and never invest more than you can afford to lose. I Never invest on emotions and others' words, I use facts and my own data from my own research, Not advice, just how I do it.
Breakdown of the level, update of the top. $ 29,000 BTC / USDTHello dear friends.
I open a long position at the current price, 27050
Buy: 27000
Targets: 27500 - 27850 - 28340 - 28980
Stop loss:
27500
Yes, many may disagree, since according to the order book, we have a lot of short positions at the top, as well as:
- Large candle absorption on volume.
- Growth without pullback (correction)
- no trade in the range 25000-25500
Many indicators - screaming about overheating.
- But for me there are many factors that prevent me from entering the short position now.
Therefore, I buy, in order to update the top 28500, as well as hike the price up to 30,000 for one bitcoin.