I usually don't share my ideas but in this case, I had to warn you. a perfect bear flag and a perfect s/r level(20-24k) for capitulation event . We see little liquidations lately and volume is still low compared to 2020-2021. About on-chain, everything on-chain is bullish(long-term) except Estimated Leverage Ratio which is currently at it's ATH increasing...
ADA-Cardano reached long-term channel bottom and it's obvious on the logarithmic chart that we have a support in 1.40-1.60$ area that I highlighted with red rectangle. I'm not saying it must start new bull-run but it's high possibility to have a new ATH in December. Because of BTC 4-year cycles and end of BTC bull-run in 2022, 5$ is a reasonable and...
Unfortunately, I have a BAD NEWS for you, BTC-USDT has formed a Pennant Pattern . You can see what happened last time and In my opinion, it will happen this time too and target is 40k. There is no sign of bullish divergence or any other bullish reversal pattern yet so it will continue falling in order to pump BTC Dominance. BTC Dominance also getting Closer...
when we talking about Head & Shoulders pattern, it's possible we don't get a Pullback but if we get one, price will move higher with a better momentum and possibly higher targets. wait for 4H timeframe(or daily) confirmation candle(s) before trading. TP: 70k (personally I think this will be the final ATH for a few months because there is a strong bearish...
it's all clear in the chart. you can learn how to analyze waves and get this result yourself. it's in correction phase for a while. EMA will support and inverse the trend in bottom of the wave C
if you look close enough to the chart with a clean glasses, there is an obvious BEARISH Regular Divergence in the BTC-USDT chart and it's going to descend for couple of months. Bearish TP can be chosen with fibo levels that I showed in the chart. it's just my opinion and it could not work because of BTC nature. Always do your own research before trading.
Hey guys. just wanted to share my point of view. currently EMA50 is acting as a resistance and holding the price upwards also fib retracement level is doing the same. in my opinion XRP going to break the Trendline and TP1 can be 0.65 but also if it doesn't (seems very hard to go short due the Strong resistance), 0.48 can be a short-term TP for any bearish movement...
in order to complete the pattern BTC will fall to 54k where EMA50 acting as Support before going up and getting a new ATH. do your own research !!
The high Volume on the Pole of the flag has been observed. Also RSI and MA are looking good. It's all clear on the chart that BNB is ready to jump and it has to go up to 252 USDT to complete the Bullish Flag Pattern . Trading based on this Information is your own responsibility!
It looks like BNB trying to get a new ATH. Also 260 USDT can be the next target but wait for confirmation candle before trading. Trading based on this info is your own responsibility!
I'm new to this community so trade with your own risk !
WAIT FOR 1H CONFIRMATION AND BUY WITH YOUR OWN RISK