Hisham577

Hisham577

Big guys trying to liquidate every body, so now they creating a trap at 21900 level as people think this is a successful retest of broken structure but then get smashed to 21K Sellers on the other hand seeing that market will go down now making their sell orders on the retest but most likely will be liquidated by magitating to the small order block above

Hisham577

Short term potential H&S target measured to 39K to the monthly CPR

Hisham577

Everything on the chart Wyckoff accumulation range could possibly go back up in the midterm but we have to wait and see

Hisham577

Ascending triangle forming, if it break upwards next target is 52-53K

Hisham577

Not financial advice

Hisham577

We could bounce from this level but if it break then 50K next support

Hisham577

We could see 6-7$ on sxp on the short term if bitcoin stays stable

Hisham577

Nobody knows at this point what direction the market want to take, but general sentiment is bullish On the daily there is a possibility of falling wedge pattern forming , on the 4H there is invers H&S but on the 1H there is regular H&S So if you in doubt zoom out

Hisham577

BTC price action showing possible double bottom, compared to the previous correction it could be in a ascending wedge We can see a wick down to the yellow box possibly between 42-41K Phoenix RSI indicating that we could see upside movement tomorrow Conclusion: the market is uncertain so we have to wait and see

Hisham577

Symmetrical triangle on the 15 min meaning continuation if we break the upper line

Hisham577

WE NEED CLOSE ABOVE THE R3 MONTHLY CPR AND IF WE BREAK OUT THE POSSIBLE TARGET IS SHOWEN

Hisham577

Bullish Elliot wave correction triangle, support around 18600 Long term bullish

Hisham577

as XRP taking a breath, the hype still there and investors accumulating there bags possible Symmetrical triangle in play, keep an eye on a breakout if we do breakout the possible targets are marked on the chart

Hisham577

All indicators points that it will go down

Hisham577 Updated 

Hi everyone .... it is sad to say that there is a H&S forming on the 4H chart, although i hope not but it is a possibility the last leg of the ABCDE correction wave must be completed one way or another. happy trading * Disclaimer: i am in the learning phase so don't this as financial advice.

Hisham577 Updated 

we have 3 support structures here: 1- long term support line (sky blue) 2- basic support line (yellow) 3- 38% retrace line we will watch how the price will react to that level (around 9500-9600) if it break down then we will be forming the last correction leg (E) in the major (ABCDE) correction

Hisham577 Updated 

Possible Head & Shoulders in 4H chart

Hisham577 Updated 

for learning purposes