Just something to watch for. a similar pattern to what we did at 0.88 is expected first touch rejection go up, go to 1.02 area maybe a bit higher then come back down to double bottom around 0.75 would be ideal!
M or W pattern, watch the neckline at the deciding factors and research how to trade these Letters patterns and where. I have put indicators for how to break up the trade and simple marks for typical entry watch for retest and breaks of necklines. I am not a professional I Simply enjoy analysis, I believe both patterns are equally possible but leaning...
M pattern, at the bottom of a bearish trend, tends to signal a continuation of a bearish trend. IN line with BTC's M pattern on the smaller time frame and the potential of M pattern on the weekly for BTC I make this. I think it will be a rejection from the neckline but we have to watch for confirmations. If it is rejected from the M neckline we should also...
also by the rules of the pattern, this is as low as it can go, but the breaks out never really go the full way it's just the maximum it can drop as per the pattern. but these patterns always play out you just have to watch the retest on the back side for invalidation. Also when they finish the break out the bounce back is big and fast and comes back past the...
At this Point, waiting for a break out and a clear hold of this support. 0.90 has been identified as a key level for sometime now, on the technical. Aiming for target at 1.30 gonna remove alot of profit as i don't see a full market turn around just because of these levels i see a relief rally, which develops into the real deep lows on btc but before that i...