Looking at the pattern and trendlines, it appears like SP500 might push up to 4100 levels creating a Fake breakout between 4070-4100 levels before pushing down again to 3693 level. If support at 3693 is retested then there is a high probability that the market can push down even below to 3200 levels followed by 2900 levels as highlighted in the chart. Again these...
On the weekly charts, Doge and XRP seem to be presenting a descending triangle. This is a bear case scenario and I would expect the crypto to drop down to previous Supply-demand zones around $.46.
On the weekly charts, Doge and XRP seem to be presenting a descending triangle. This is a bear case scenario and I would expect the crypto to drop down to previous Supply-demand zones around $.05868261 or maybe new zones as the lowest Supply-demand zones seem to be weak.
Here is the second idea from the higher timeframe, Weekly chart. Setting on the chart on 1W tells yet another story of trend continuation if the price were to hold onto ~$54,500 levels this week. Followed by this I would expect a bullish rising wedge pattern, as I have drawn(forgive my poor painting skills) on the parallel channel to hit the $73K or $78K levels....
BTC has been playing a bit recently before making huge bullish moves.. Here is my take on the next bullish pattern.. I will be publishing 2 ideas in this regard. First is the 4 HR analyses using the Fibonacci retracement and extension and the second one is the weekly chart.The fib retracement needs to stop at 61.8% or $54192.With this, a reversal needs to happen...
What a beautiful CUP and HANDLE PATTERN for LCID...Consolidated for a long period of time and finally break out the zone!!!
The immediate resistance is at $55,900 levels. I am waiting to see if this level breaks then I would expect BTC to touch $60K levels. ***SAINT MODE***
Yesterday was great for BTCUSD bulls. Now moving a bit broader on the weekly charts. One possible move is to hit $51,870 levels and then create a DOUBLE TOP!!If the price holds above 52,000 and proceeds towards $53K, then the uptrend can continue!! For now, its a WAIT N WATCH!!
Hello All, Trend breakout in the 1H timeframe at $47,927.If this zone break hold and moves upward, then the Pennant Bull flag is still holding good for an upward direction towards the $53,000 target. Holding on tight!!
Hello All, Looking at the 1HR charts, the bullish pennant is signalling a consolidation and its becoming evident that there is a huge possibility of a continued uptrend. If trend breaks above $48,200, the next stop would be $53,000. Pls share your thoughts as well!!
Hi All, Following my posts for the past 2 days, the price perfectly hit the proposed zones, $44,400 and $47,000. Now, next is to hit the retest zone around $45,000 before crawling towards $52,000.
Following my yesterday's post, BTCUSD broke the intermediate trendline and is rising towards $44,400. Post the trendline break the next stop is around $47k. Enjoy fellas!!!
At 50%, fib retracement around ¢41k, holding support, BTCUSD is moving towards $44,400. If the trendline were to break above $44,400, then the next potential target would $47K.Lets wait and watch!!!
My attempt at drawing patterns. Please provide suggestions