Hey guys! Btc found support on a significant weekly/daily support, along with the 128 dailyMA. The 4h timeframe has a nice bullish rsi div, and it really looks like the chart pattern before(marked with red arrow). The SAR is coming down, and if we do pull back here as before that will let it come way down to 8800ish, which will be my entry on the break of it ....
Exiting the green parallel channel activates a trade in the direction of the breakout. If we break to the upside, i would really like to see that RIGHT NOW, because the do not want the week to close below the red line at around 9800Eur(although it seems very unlikely, that we can close above), which is the weekly trendline that has held since April. If we do...
Exiting the green paralell channel activates a trade in the direction of the breakout.
Too lazy to type it all out, just an interesting fractal with very much similarity so far.
Hello! I am looking for a top here with a very tight stop. Stop is put above the prior local tops and also above the top of the bearish channel at 10724Eur. The red trendline which my red arrow points downward to around 9450 is the weekly trendline, which was tough broken in my opinion now with the current price action it has to be readjusted. It still is a valid...
Long opened on previous chart pattern bouncing off this line hard, with very tight stop if the idea fails
COINBASE:BTCUSD is forming a descending triangle which would take us back to retest the trendline, aswell as the 50day MA is coming up to that exact point. If we hold there we can start to move to all time highs.
btc breaking out of ascending triangle, price target above 10k
Btc ascending triangle. coming an hourly 9 on the TD hourly time frame, we will pullback to the bottom of the triangle and then tomorrow we will break to 9500. We will hopefully sit around that price level, form another longer term triangle there and then break that too.
Btc is in a downtrend. its constantly forming descending triangles, and breaking down from them. The bottom in my opinion is going to be around 7300-8300 dollar, at februar 1-8. The 200day MA is also coming up to the yellow box as support, as well as previous resistance might become support around the 7300-500 area, also the RSI is going to bottom around there on...
50 day has been holding strong, it is holding still but it keeps being retested. If it is to break we are breaking downwards from the triangle and testing the 10k support, probably breaks and going lower. If it is to hold, then hold tight.
XRp up or down in next 3 hours, very low volume, maybe correction