I set an trade alarm at $34600. If Bitcoin surpasses we will likely get a dump to $25000. This will be a great shakeout of weak hands on the market. Please set your stop loss and use risk management.
Dotted line is the neckline and the target for this particular pattern. As always, Bitcoin can always break up, so we would like to wait for the break of the...
Upwards trending channel with a slight bearish sentiment. OBS If we break the lower line, make sure to wait for conformation bounce and enter trade after we passes the bounce price.
I give it a about 70% chance to break down and 30% to break up because of the sideways trend bitcoin has established, also it fits the pattern with a small drop in prize.
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Right now ETH is forming a new bullish pattern at the ATH. We had a fake out (fallowed by a new ATH) where the bears successfully suppressed the price down below the previous ATH at $1420.
$1440 is now the roof in a new flag formation. This is a bullish formation where the bulls knocking on the doors for new pice discoveries. Bears better watch out and manage...
Ett is coiling up for a massive break out at latest by tomorrow at 1h and 4h. I would give it a 60/40% chance that it breaks to the upside. Please manage risk and always take profits on the way up to the technical target.
I would wait tor the break out and a conformation bounce before longing/shorting.
