Trianglebreak
BTCUSDT 4H | Bitcoin market overview: Exit is nearHello, dear subscribers!
In the previous review, we looked at the triangle pattern formed by the bitcoin price.
In the following days, bitcoin price moved within the triangle pattern. This suggests that the bulls are trying to take bitcoin price down from the triangle, their next target will be $35,200 and $33,000. The volatility movement in the bitcoin market is also decreasing, this happens before strong movements in the market.
MACD and RSI indicators are in the zone of uncertainty, their values are close to neutral. The OBV indicator along with a decrease in volatility reduces its fluctuations.
Buyers and sellers should pay attention to the moment of bitcoin price exit from the triangle. The exit downwards does not bode well for the buyers, so it will be advisable to close the existing position now. And sellers can take a position when the bottom of the triangle is broken.
Follow the channel and stay tuned!
BNB/USDTBNBUSDT
There is a possibility of a fall for this currency because if
Note that the end of the ceiling wave is lower than the previous ceiling
Self-formed and this is a warning for that
There is a possibility of a fall for this currency and some
Who can take a tuberculosis position waiting for the triangle floor to break
Stay in the scalp
DOT/USDTDOTUSDT
The correction that technically had to be done, friends, almost
Done and if the candlestick rises to the price of 25,000
Or close higher, you can enter and up to a limit
Make a profit and with the right capital management, make the rest of the profits
And if the price falls for a while, the level of 0.786 can go ahead
Take the plunge and for those who are not very risk averse
I suggest waiting for the roof to break or fall to the Fibonacci level
LINK/USDTLINKUSDT
If you pay attention to the trend, it tends to fall a lot
But this fall has been prevented by the bottom of the triangle and little by little
It is growing upwards and if you zoom in
Head and shoulders pattern you can see the price of the neckline to
The upper side is broken and forming a pullback on
It is the neckline, you can enter after getting the confirmation
BNB/USDT triangle AnalysisBINANCE:BNBUSDT
Friends waiting for sol shot can wait until
The triangle is broken down and I have to say for the position
Tuberculosis is still too early because the market is declining
I have not received any correction, this is for friends who have questions
Asked now for the right short position or position
For friends who work on the scalp, it can be good for me
Well for them if the floor of the triangle is broken
Bitcoin AnalysisBINANCE:BTCUSDT
Now the price has returned to the bottom of its own triangle and the situation
It takes a lot of risk to enter and even
The bottom of the triangle is broken once and this means for the second time
Breaking the floor of a triangle becomes dangerous and friends witness one
We are also a model of head and shoulders that if we want to proceed according to the pattern
For we have to wait for the price of the neckline broken upwards
Be and stabilize, then the conditions for entry are good
BTCUSD - Weekend Outlook - Elliott Wave AnalysisGuys Bitcoin has been in a very complex correction since the end of the recent May 19th decline. It has formed a sideways pennant / triangle consisting of ABCDE Legs of 3-5-3-5-3. I believe we have now come to the end of this correction since the Overthrow of the E Leg high at 39407.55 on June 3rd. Price has shown bearish impulsive price action on Friday to the other side of the triangle and is now correcting back into the triangle where I anticipate a small abc correction up to about 38000 where I will look for shorts to enter the market for a 3rd Leg decline.
Good luck and safe trading!
ADA formando triángulo alcista buscando retomar la macrotendenciTomo posición en ADA a los $1.69 con target en los $2.40. Hay varias monedas con esta misma configuración y si el bitcoin continúa formando el fondo estas configuraciones podrían darse de forma correcta. Quedaría invalidado de romper el mínimo anterior en los $1.33