BTCUSD XBTUSD Are You Ready for Retest??Hello Guys
In this chart i showed some retests in resistance zone
And right now we are going again to retest 1st Resistance and i hope Bitcoin successfully broke 1st Resistance with high Buying volume.
Always Remember when we broke any Support or Resistance we went high Buying/Selling volume for broke up.
I am expecting a small bull trap on 1st Resistance when we retesting,
And after a small Bull Trap we can see 1st Resistance will be broke with high Buying volume
Then we can slowly slowly retest 2nd Resistance as well
Don't take any trade by my idea
Always Do Your Own Research
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BTCUSD Falling wedge BreakoutIn chart we can see a falling wedge chart pattern just formed and also it has breakouted. But consolidating in breakout area
risk riward ratio is 2.7 and its ggod enough for trade.
Taking a trade is totally yours choice. I am not saying to take trade but price target is good enough for trade.
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Bitcoin can even touch 4450$ support to complate chart pattern Guys we saw a sudden dump in Bitcoin before 4 days ago, & even we can see a symmetrical triangle as well.
the target of symmetrical triangle id 25% and we saw that Symmetrical Triangle breakout in down side, so the real target should be -25%
Till now we achieved almost -20%, So to complate Symmetrical triangle Target we can see another bearish move
And it could be fall to 4450 - 4550 as well to complate symmetrical triangle
Now lets talk to some FA
we all know that Bitcoin Future is enough bright, Bitcoin can touch and then retest 4450 support area then we can see a movement on upper side
Because at current moment most of people are in Bearish sentiment and they are doing shorts, they are earning money by short BTC
To squeeze them all, whales need a very big movement on upperside. So they gonna do it
Are you agree with me??
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Comment your opinion
I am waiting for comments
BTCUSD complates ABCD pattern,Now price can be turn into BullishHello Guys
As you saw a clear ABCD pattern in BTCUSD chart it can turn into Bullish now
To see Bitcoin price in 6800$ we need to break 6000$ resistance first
Bitcoin can retest 5900$ - 6000$ resistance and we can see a small currection because if price shows some correction then Bitcoin short positions will open more then long positions.
And this is how whales earn money, After retest of 6000$ some corrention can happend to open short positions and then we can see Bitcoin price to 6800$ to squeeze shorts positions.
I am waiting to see your opinion on comment section
Thanks
BTCUSD sudden dump of 10%Bitcoin has finally breaks 5800$ support level
most of traders can say that now bitcoin gonna 5400$ then 5100$ then 4800$ then 4450$ as well
But in my point of view i saw in my own eyes in BitMEX and BitFinex that shorts orders are opening and opening, longs are almost none
it chould be a fake breakout and i think 1D candle gonna close inside of Desending Triangle and it chould be a shorts squeeze as well.
As we know Bitcoin future is quite bright so why take tension??
Let the 1D candle close and also 3D as well those candle can show us next movement of Bitcoin.
My personal point of view is 1D candle gonna close inside of desending triangle and we can see a spike for shorts squeeze.
please shear your opinion in comment section
Thanks
BCHUSD Bullish pannent chart pattern breakoutBCHUSD Bullish pannent chart pattern. In price chart of BitcoinCash BCH i am seeing a very strong Bullish pannent chart pattern in 1hour timeframe. If Bullish pannent chart pattern success then we can see BitcoinCash BCH to reaching 720$. In term of my view it can go 720$ before it's Hardfork. Rest is yours choice.