With ETF ETF maybe will be approve in Aug, it seems Wyckoff Reaccumulation is valid. Maybe ETH will rebound and outperforming BTC start around July or Aug
flag is perform as bear flag with continue descending price soon, but it will have another story when upper trend flag break
Rumor Bitcoin and ETH ETF in Hongkong will approve in Monday and securities will start trading in the next 1 week What do you think? ETF will make pushing higher or dump consider ETH ETF also rumored will approve in Hongkong
BBRI have weekly trendline support from Sept 2020 and if trendline breakout it will continue to BBRI downside Nearest support is 4.6k and 4.3k
SPX already breakout support trendline from 2020 Support level to reach out is 3.8k and 3.5k
IHSG ready for bearish movement when support trendline is breakout if breakout ready to retest 6.5k level and 5.7k level
Now BTCUSDT is testing log chart trendline and you can see big rising wedge pattern Ready for MEGA CRASH Target : 24k - 20k - 16k - 12k - 8k
After final of elliot wave, Bitcoin breakout major trendline/ bullish channel
800 840 875 1080 1200 - FINAL 1.68 of CD Reason : - S1 Weekly & Monthly TF - Rejected trendline - Rejected bumbu dapur - Rejected Fibo 0.3 - Harmonic pattern butterfly - RSI divergence
I think this is great movement from short term holder. Lower selling pressure than April 2021. Regards.
At time frame W1, BTCUSD haven't healty correction and just pump an then ATM we can see MACD crossing like resistent before
This is accumulation in the Wyckoff pattern. If this happens, it represents a sideways that is good enough for a reversal
Bitcoin maybe can retest -+46800 and bull to around 47900. Becuase ascending/ bullish channel pattern in bitcoin.
After break support trend line and then retest trend line and EMA 21 above 45k, Bitcoin heading to support around 43.8k. If 43.8k valid break we will heading around 43k
after we bounce from support, now we are heading to resistent level at 42k, and if we cant break the resistence maybe chart pattern show about HnS pattern so this is denial phase heading to 23k or 2018 high. BUT, remenber, maybe this is just halving of bitcoin and maybe bull run still happen until end of 2021
These are common distribution schematics and offer a great visual cue to analyzing any potential ranges. Schematics are not meant as exact replicas to the way that the range will play out.
inside the rising wedge area, bitcoin has broken through the trendline support and is currently doing a retest. if it fails to return above the trendline, it will try to break the outside rising wedge trendline. and if it breaks again then the price will continue to decline to 52K - 48K - 43K
After reach bullish trend line again, is Bitcoin can make valid bullish flag pattern ? lets see $70000 soon