According to the large number of news in the coming days, especially on Tuesday and Thursday, the probability of strengthening the dollar is very, very high. In other words, a dream weeks coming for traders and oscillators. It will rarely happen that this amount of news will be published simultaneously in one day. I mean a lot of news on Thursday. I hope you have...
It's like the Federal Reserve has stopped strengthening the dollar. Maybe he is resting.
Unfortunately, a few days ago, when I saw this pattern on the Ethereum and Bitcoin charts, I forgot to record the Bitcoin chart in the ideas section and only recorded Ethereum. There is no problem, there is a proverb that says, a fish is fresh whenever you take it out of the water.
In the previous analysis, I forgot to record the possible targets in front of the dollar chart. You can see the targets that I expect to hit in the chart. Of course, I consider the possibility of hitting the third target very weak. But it is very likely that the first and second targets will be touched. I repeat again that these are only my personal opinions.
But unfortunately, the upward trend will continue. Soon we will see the price crossing this resistance level. The bullishness of this chart is clearly seen in the words of the Federal Reserve Chairman. Of course, these are just my personal opinions.
All the evidence shows that the market will be bearish in the coming days. As you can see, the formation of the head and shoulders pattern also indicates that Ethereum is bearish.
The strengthening of the dollar will not end at this point.
I guess many analysts confuse the bitcoin movement within a channel with the triangle pattern. what is your opinion? Is the triangle pattern correct or is bitcoin moving within a channel? Maybe a rectangular pattern is going to be made? I will be happy to write your opinion in the comments.
Hello Dear friends, I have a question Do you know the answers to my questions? Why hasn't anyone mentioned the Double Top pattern in the last few weeks? As if no one would like to see such a pattern. If the truth of the Bitcoin chart in the weekly period is a Double Top pattern. We have to see incredible bitcoin prices. What do you think? Glad to share your...
I think in order to have a healthy and acceptable climb. It is better for bitcoin to have a modification. I would also like to draw your attention to the formation of a pattern before the previous ascent of RSI. Even now, the same pattern is formed on the RSI, which represents a significant ascent. what is your opinion? I will be happy for you to write your...
I think if we look at the Bitcoin chart without market turmoil and without prejudice, it is not unexpected to say that Bitcoin is forming a triangular pattern. What do you think? I'm glad to know your opinion.
Keep in mind that in order to climb and register new targets, we need to have a price correction
Based on the trend lines I have drawn in the past and the price movement along the trend lines, I guess we are with something similar to what you see in the chart. If you have a reason to agree or disagree with me, I would be happy to mention it in the comments.
If the downtrend breaks, we can say with more confidence that we have entered the uptrend. what do you think?
If you agree with me and you think one of these three paths will be created, I will be happy to announce in the comments section which path do you agree with ?
Although in the smaller triangle the price of the pullback has increased, but I think the larger triangle has more credit? what is your opinion?