We might breakout and result in a bullflag in avax, I find it a good coin to watch for traders 🤝
Our chart is indicating bearish path for etc in the next few days. Why? - There is a possibility we do a breakout on the trendline and reverse from the Fib level&vp line last session. We will open a short signal up on confirmation ( at the trend line ) as the chart indicates! Our take profit will be at the golden channel in the fib, it's a buy zone as it also...
A BTC Short setup, Trade details are in the chart.
BTC is currently facing a lot of pressure especially after losing his it's strength. we already went down so bad but what could happen in the next meantime? ⬇️ We are currently in a bear flag => $BTC is bearish in mid term where 30k levels are very possible. We are also on a Trendline & The middle of the Bear Flag channel => This could be a strong point for $BTC...
BTC ENTRY: Now TP1: 40920 TP2: 39400 SL: 43444 use trailing stop loss !
Based on the chart, bitcoin is now in a parallel channel and in an uptrend. It's always better to follow the trend but is it forever up? Let's explore the next move then: We can see that there is two weekly resistances and Both at the top of the channel and that is considered bearish. 🐻 This could be the last chance to break that 41k level and close above it...
Possible Short position for luna it had a great pump and now there is the weekly resistance, I think it won't break it and go back down.
In my opinion atom will break the downtrend line and blow up otherwise this will fail , DYOR before entering this signal!