It maybe a good opportunity to short.
It's very rare to see a GAP in its daily chart. Be ready to long the crypto market!
Bitcoin still moves on the descending channel.
Falling Wedge was broken above and the price reached half of the target level already. Now price forming a Pennant which means a continuation pattern. Be ready to long when the price goes up to the resistance line of Pennant. Good luck.
"The time to buy is when there's blood in the streets." Baron Rothschild
Long1: $55 Long2: $61 Stop: $52
Price Target: B - D line (Approx $73) Stop: Below the A - C - E line (Approx $42) "Key aspects of the Broadening Bottom Pattern: Points A, C and E should all be successively lower. That is to say, point C should be lower than point A, and point E should be lower than point C. Point D should be higher than point B. After the final decline (marked by point E) look...
Lower Low on Price Chart, Higher Low on Indicator.
When USDT dominance is going up to the resistance line, Coin prices going lower. When USDT dominance is going down to the support line, Coin prices going higher.
Higher Low on Price Chart, Lower Low on Indicator.
Bull Market: 53$ - 75$ - 250$ Bear Market: 53$ - 25$ Good luck!
If the resistance is exceed, price target will be $297.
If the price will go up to $1345 without a pullback, "Cup and Handle" formation will occur; but it's not certain yet.