Until a smaller scale has been repeated for Bitcoin If this is the case then you should not look for prices lower than $7200
Have a Key Resistance Zone between 111.850-112.000. Will require bearish PA confirmation around this zone before short setup is anticipated. We anticipate a potential target of 111.250 with two management targets in place: Management Target 1: 111.550 Management Target 2: 111.400 Stop Loss: Above 112.150 (Dependent on Entry) If price breaches and closes...
plain and simple chart art, looks like price has reached the top of a strong weekly trend line and showing signs that bears are slowly taking over. Possibly going to reach low prices of 19.30 - 19.16 area
Potential Bearish Gartley formation with confluence of Fibonacci levels.
We are in a downtrend on this pair so I will be taking profit fairly fast. I'll be looking at the 130 area as the 365EMA is also there to act as resistance. I will enter on the retrace of the pin bar. Triple bottom at the 127.000 Zone Pin bar confirming trade