BTCUSDT possible wave 4 scenario. The blue trendline act as a strong support and was tested only twice . Fibonacci levels for wave 4 are in purple . Inducements (liquidity traps) are marked and act like a magnet most of the times . Invalid on chart . Good LUck
BTC broke down the trendline and made a retest and failed to close above . Range or sideways trading for the past 4 days with low volume and momentum and soon will break depending on which level support/resistance break first and RSI confluence .Usually price retrace back to VAH Long : Breaking strong resistance @ 69649 + RSI above MA and 50. price must close...
BTCUSDT possible pullback . Currently the price formed multiple daily inside candles and traded sideways . Short or a deep pullback is possible only If price break down the the low (683590) and close below the trendline and POC .RSI must be below its red MA and 50 level. if the price breaks the high (71769 ) the trend has more probability to continue up and...
VMINTUSDT is currently in a pullback and should soon resume the uptrend . Good LUck
Descending Triangle is formed as shown on chart . RSI below it 's MA and the 50 level thus momentum is down and strong . Good LUck
BTCUSDT broke the trendline( trendline is based on candles body which is stronger than the usual trendline that use only wicks) and previous swing low . trendline test is probably in progress . RSI still below its MA and 50 ,BBP shows that the bulls are trying to push price higher . if the price manage to close above the red trendline then the trend will...
Possible pullback or short scenario RSI is overbought and BTC is due for a pullback trendline must be broken and Rsi should cross 70 and its MA . Good LUck
BTCUSD price was in a recent rally and a bearish outside candle pattern is formed which suggests that the bears are trying to change the direction of the market trend or many BTCUSDT holders are taking profit causing high volatility in the market .The market showed a 1B liquidation of long position with high leverage only in a single candle. We also have inside...
BTCUSDT formed almost an ideal or perfect Doji candle as a result of an increase market volatility. This is an decisions and indicate buying momentum is slowing down or selling momentum is starting to pick up. RSI extremely overbought and crossed down its red MA line . SHORT : if price breaks down the low and RSI cross the 70 level. The up rally also formed...
This is another nice GANN RAY fit that shows how the price changed trend once the 1/2 down ray was broken and started the rally up after breaking the 1/1 ray. this idea should support my previous GANN RAY publication when price managed to reach the 1/1 ray . If price manage to break and close above the 8/1 down ray. and above the 1/1 in my previous idea ,BTCUSDT...
4 days GANN FAN fits nicely and show a clear path to the 60k and above level. you should expect pullbacks but the price has a high probability to go higher especially with BTC halving event in April which should increase demand . Good LUck
BTCUSDT Possible parabolic curve pattern with 2 bases formed and the third base in progress. Once price formed base 3 and breakout of the curve happens ,the price start dumping sharply Sometimes price will form another 4th base and the breakout will be deeper. "The Parabolic Curve Pattern is a powerful chart pattern firstly because the price climbed too high...
BTCUSDT pushed up and formed 2 big FVG (Fair Value Gaps) and usually attract price into them. RSI is overbought and Chaikin OSC is lower and currently BTCUSDT formed an inside candle all three confluences indicate that up momentum is easing and a possible pullback is coming . Only enter in the direction of the mother candle ( FEB 26 @20 UTC) breakout...
BTCUSDT POSSIBLE SCENARIOS BTCUSDT currently in a range or sideway trading and a breakout is imminent .in addition BTCUSDT is due for a pullback if price breaks below the red line and closes below the zone or 49225.01 ,then the pullback will probably be deeper down to the next zone at 40245. RSI must be below 50 and should confirm sell entry with candle...
BTCUSDT still trades sideways and we can still trade carefully until the big breakout happens The high of the mother candle on Feb 24 @ 20 UTC was broken and price almost reached the black 78.6% fib level and currently forming a wick ,if the current candle close below the black 61.8 fib level or lower then look for possible short after the low is broken and...
BTCUSDT possible pullback BTCUSDT formed long inside bar and RSI is overbought Price also made large FVG that usually needs to be mitigated This usually indicate a slow in trend momentum and possible reversal or pullback. Pullback : 1- Wait for the current candle to close with wick and below the yellow 0.618 fib (DONE) 2-Breakdown of the orange line and...
Possible wave 5 of C in progress and very close to reach target level . The price usually falls deeply after completion and should break at least previous wave 4 low . Divergence must be present between wave 3 end and wave 5 end for confirmation . Usually wave C end dose not travel beyond 1.618 otherwise it is invalid Good LUck
Wave 3(orange) high was broken which confirm the completion of wave 4 (orange) and also confirm wave 5(orange) in progress in order to complete wave 3(blue). Currently wave 5(orange) reached its minimum fib level and EWO indicate a divergence , but usually when wave 3 is extended it reaches to 2.618 fib level and sometime higher . Wave 4(blue) low must break...