BTCUSDT! Big Turning Point Ahead! BTCUSDT is within the Longterm Falling Wedge, an develop a descending triangle within the long term pattern. This descending Triangle will end OCTOBER 31, which is ironic! But, BTCUSDT has two ways to go! It has tested the $8340 - 8400 area 4 times and failed to break resistance. Now it is on the path to test support. BTCUSDT is...
BTCUSDT! BTC has broken out of it's downtrend channel or falling wedge. What's next?
BTCUSDT! Ascending Triangle Forming! If this pattern breaks out in the uptrend with a close above the 7973 area. This could be a positive signal on the 4 hour chart! I'm looking at another retest at the $7973 resistance area that right now. If we break that resistance, $8100 could be the next target. The biggest change I think btc will need for it's short term...
On my watch list, but not ready yet. XVGBTC may have found it's bottom.
BTCUSDT! Possible bounce at $7779. My technical analysis shows if support holds with a Daily Candle close above $7779 with follow through on the next daily candle , BTCUSDT will attempt to retest the top of the downtrend flag /channel. Overall BTCUSDT is in a down trend which is forming a flag on the day chart, but within the flag pattern I see a channel down...
Potential Bullish target! But it will need a candle close above .00003586 to continue to it's final target for me.
1 Hour Triangle! Bullish or Bearish?
The Bullish fakeout would complete my head and shoulders pattern and test the 7700 -7800 area and if it breaks the $6300 area, $4000 - 5000 can be a possibility. But if it holds the $7700 -7800 support $27k to 28k to infinity and beyond!!!!!!!
BTCUSDT! 4 Hour chart! Falling Wedge on the 4 hour chart but overall market sentiment is bearish in a bigger Falling Wedge. BTCUSDT Currently still have an opportunity for a short run to the 8.8k area but it's facing strong resistance at or around the $8350 area. What I currently think is there maybe a short pullback to the area around $8120 to regain short term...
Bullish Divergence forming on the stochastic RSI and price. Ascending Triangle breakout confirmation confirmed for me.
Possible Head and Shoulders in play Longterm! I think were going to form this right shoulder around $8800 - 9k and then a reversal. This will confirm the falling Wedge for me and I think retest the $7400 - $7500 area and if broken $6300 would be a possibility.
BTCUSDT! Possible target if resistance is broken at $8370 is broken.That's what I think if support holds on my yellow trend line on the 4 hour chart.
Evening Doji Star forming on the daily chart. Bearish pattern.