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First Resistance Got Broken in Bitcoin but Still Bearish !!!!Hello to the large community of traders, Related to my previous Bitcoin👇🏽 I expect this bearish momentum to be Bull Flag and yes this is what exactly happened. This Bear leg was just correction of our bullish impulsive leg. ( Falling Wedge = Bull Flag ) If you want more confirmation for bullish momentum, wait until bulls consolidate above 20 and 50 Moving Averages. So our first obstacle ( Dynamic Resistance ) now passed. Wait for BTC reaction to long term dynamic resistance. Remember that we are still in bearish momentum. If long term resistance got broken I expect $62,980 to be touched. **This is not an investment advice. Your capital might be at risk.** You can support me by donating coins. Give me your idea on comments... Good Luck...
Long
by amirthetrader
1
BTC/USD On the way to the price of 14300!Hi every one! chart is speaking it self!! If the channel midline is not broken down, the price will rise well TO 14300, If the midline is broken, the price reacts to the bottom line of the channel and the price gradually increases. Remember that the trend is our friend and we have to take his hand and go with it. Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast Thank you for seeing idea . please support us Good luck.
FOREXCOM:BTCUSDLong
by CobraVanguard
7
ADABTC Daily S/R| Bull Flag| Stoch Equilibrium| 200 EMA Evening Traders, Second analysis – ADABTC –breaking above Structural S/R, price acceptance at this level will be bullish. Points to consider, - Bullish Price Action - Daily S/R Support - 200 EMA Resistance - Stochastics Equilibrium - Declining Volume ADABTC’s current price action is bullish, trading in a probable bull flag, This allows us to have a bullish bias on the market. The Daily S/R is immediate support that is in confluence with the .618 Fibonacci. Price holding and respecting this level is a bullish bias. Resistance is poised by the 200 EMA, breaking this will coincide with price hitting technical and validating the bull flag. The stochastics is in a valid equilibrium, a break in either direction will coincide with price movement. The volume profile is declining, this is indicative of an influx when testing key levels such as the Flag and Daily S/R resistance. Overall, in my opinion, ADABTC is a valid long with defined risk, price action is to be used upon discretion/ management of trade Hope this analysis helps Thank you for following my work! And r Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone emember,
Long
by AzizKhanZamani
1
Going Up and DOWN !!!!Hey guys. First of all, we have " SEA PONEY " pattern from point X to D. Also, it can be three attack When the chart receives to D, a bearish market begins. we have very powerful Fibo lines above D and it can not Pass them. base on Ichimoku indicator I found several strong resistance and supports lines. another reason that can improve my guess is pitchfork and it's 80% possible that chart reaches the middle line. also in MACD, we see the phases are going down.
by saderi.sajad