Bear flag on 4h chart. If bitcoin's price falls below 18600$ then there is 75% probability to continue dumping at lower levels. One target is 15.000$ A more catastrophic scenario would be at 12.500$ Normally a flag heads to the direction of the initial breakout, but since there are many fakeouts in crypto markets, I expect a first a pump at ~22k so more longs...
Bitcoin price after a breakout of a falling wedge pattern, might possibly continue the bearish trend after a bullish correction at 30.500$. This might lead to a further drop of price below 25.000$
Red lines: resistance levels Green lines: support range Yellow Dashed: Range that I believe will make the bounce / reversal VPVR on the left for better display of resistance / support levels Circled points: Similarities of L shape formations where Bullish Rally followed. Based on the VPVR and the repetition of the circular formations, I make the bullish...
Bearish Trend Line Breakout. -19.3% possible retracement. I'll short XRPUSD. Join my channel if you want to access my trades!
Resemblance on weekly macd 10/1/22 - 25/2/22 formation looks like a variation of the bottom formation adam & eve 26/11/19 - 25/2/19 Its confirmed on daily chart as macd volume rises.
Similarities on 1D chart on 200MA to 8/8/21. Possible continuation of the bullish trend. But a retrace to 45.000$ is inevitable before new ath.
Possible continuation of the uncertainty visualised as both support and resistance in the 1d chart triangle that has been formed.
Here's an example of a 3 line support and a possible time wall of retrace for bitcoin on 30m chart!
Possible bullish breakout after continuous higher lows on the bullish trend that has been formed.
A projection of a possible scenario using bars pattern from a recent historical price action.
Short term bitcoin WILL break out of that yellow symmetrical triangle. This might happen inside those blue vertical lines. Either direction is probable. And I will trade it accordingly
Both Rally Similarities. Probable bearish continuation upcoming.
bitcoin's trading on a bull flag. If we break above 41800 we are probably heading to much higher prices. There's a bullish divergence between price and RSI. That's enough for the time being to be bullish!
After multiple divergenves between bitcoin price and RSI i believe btc targets 42K
After the 29/4 - 30/4 pump, Bitcoin found resistance at 9K region. As long as we consider the trend bullish, corrections are part of the price getting higher. Thus previous resistance levels of 7730$ may possibly turn to support for the trend to continue higher as we approach the halving. This is a great time to buy bitcoin, 17% possible retracement to the 0.236...
- Head & Shoulders formation (6840$ breakout with Head Extension Target at 6160$) - 0.382 Fibonacci Level (6110$) - VPVR (6230$) BITMEX:XBTUSD
Previous dump volume matches exactly to the 6400 support level we saw earlier at 17 May 2018 if it is to break at 7700$. It also matches some support trend lines since 26 June 2018. Fibonacci 0.5 retracement also confirms this scenario if it is to play out like this. This is a 20% organic drop from where we are right now.