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BTCUSDT - LAST LEG UP TO ALL TIME HIGHS - 80K+ [2022]Long term up trend was broken @ 24,295 Grabbed support @ 29.2k then bounced to ATH's Sort of looks like a double bottom currently on this new trend line that was once resistance and broken @ 19.7k. Double bottom (Eve & Adam which is a higher low DB) isn't yet confirmed, will need to close green above 45.8k on the weekly. If confirmed the completed db pattern will test it left leg @ 67.5k, from there ATH's will be tested, not 100% positive we will reach above 69k but 67k - 70k will be tested for sure if DB is confirmed. KEY notes: $38,8xx - btc has broke and bounced off this price area before reaching 69k ATH ! on july 26, 2021 currently we are hovering just below that price range and on this weeks candle close, if we close above this price specifically $38,888, history will repeat it self. currently in a strong up channel making HIGHER LOWS! respecting the up channel trend lines. Price action also is getting smaller and smaller and seems to be reacting to a rising wedge closing in right above 70k area. Currently at a low, which will probably test the next high before crashing to LOWER LOWS! which indeed will bring btc to 70k+ for its last leg UP. if this weeks candle closes above previous star wick @ $40,348 this will be a morning star candle pattern which will give us a run up and confirming the potential double bottom pattern (Eve & Adam aka H/L DB) - and DB pattern will test its left leg down coming from 69k !
Long
by exe393
5
it's a flag, it's not?Hi, this is an update for one of my posts, after the earnings call the movements were negative and created a flag inside something that could be another flag. All the patterns are encapsulated in a big pattern pointing to $390 USD, because the stock is close to oversold, i think is very possible to see upside movements and finish the flag pointing to $1,200 before to see the $393, at the end if this goes down first we will see the $1,200 then. So ,at these levels i think it's much better start building a position.
NASDAQ:TSLALong
by AllAboutMoney
8
[i]The inversed HS[/i]I am getting some early distribution vibes here. As you can see, we spent quite a but of time hovering around the 44-45k level and then we flushed down, creating a huge volume block on the volume profile, which will make it very hard for us to break through Every move down has been accompanied by volume increase This situation reminds me of the foreplay before the huge flush from basically ATH happened. The famous inversed HS... Remember not to follow the retail herd. They shall get wrecked. Although we might see a bounce on LTF, we are still kinda overbught on the daily. The original plan still remains. BTC does not allow you to enter on a pullback if a local bottom is found. If there happens to be a pullback, it is a trap.
BYBIT:BTCUSD.PShort
by PerpXBT
🌊 BTC rally fakeout 🌊Btc will increase in price according to various forecasts, but not to continue rising towards new highs, both on the daily and weekly charts we are still in a clear downward trend. For me new institutions are still missing, and the number of weak hands has decreased, in this way the whales plan to raise the price to create FOMO and attract new investors, and then fall into the hands of the cruel market. We are still on a weekly bounce and institutions will want to buy at lower prices, and the price of Btc for me will go down at any moment, whether it be Russia, China, NATO or some environmental crap. Be patient and practice shorting a little in the 46k - 48k - 49k Always DCA gentlemen and do not go overboard with the leverage
BINANCE:BTCUSD.PLong
by IOP_cripto
AN IMPORTANT GOAL OF $23 INCOMING FOR CHAINLINK Currently sitting at the very bottom of an under-sold status on the,monthly RSI chart. Chainlink is getting ready to peak out above the negative trendline. Looking back at the daily chart, we may have found our support for further momentum upward at or near $17. This is showing our next hurdle on the 4 hr chart is going to be $22-$23 for link to assume new support at this level. I honestly see Chainlink moving further upward and this may be the last time we will see its $14-$16 price tag. Good luck and happy trading
LLong
by Brother-Doug
5
Local Double TOP or CORRECTION? A key place for BITCOIN !!! 🌖😱Hello everyone, We are located in a key place for BITCOIN, and thus for all cryptocurrencies. We should watch this zone in terms of a possible local Double TOP. In that case, we should expect a drop, then a retest from below at $ 42.5k and a further slide. If the bears are defeated, I expect spikes even for the new ATH! The yellow lines are all the strongest resistances and supports, they should guide you like signposts on the road;) Comment and like, Good luck.
COINBASE:BTCUSDShort
by SayMoney
2