White and orange trend line are long term trend acting as support Three yellow lines are intermediate support resistance
Nothing but just range. Bear market are furious Recovery is steady takes longer than fall No kicker yet Just watching and keep eye
Waiting for structural breakout either side . . Will update after breakout
Previous pattern analysed and broke down and halted at weekly support Buyers buying the dip now or just a bonuce Let's wait for retracement
Currently neutral triangle pattern breakout or breakdown can result in 5% upside or downside
✅ one day bearish flag pattern ( consolidation) ✅ 4h = head and shoulder, (possible)
Btc on 4h chart After the petant breakdown , 📌 From breakdown to 12 June low consider fib retracement on 0.5 fib it is resisting with wicks 📌As well same 0.5 has coincides with 50 ema 📌 based on candels, morning star formation can be seen, but it is not valid as the bullish candel pattern should've been formed near support, currently it is trading near about...
Bearish penant Resistance with many different factors (200 ema , 50 ema, fib 0.5, trend line) Came down as per the markings Buyers seems to be buying the dip or playing on small reversal and sellers has some good resistance point to dump again
Btc in 1h chart Bearish penant formation With resistance of 200ema 50 ema and fib retracement (0.5) lvl As marked on chart probability of trade going either side are drawn in yellow arrow line
After 30,000 low On 1D time frame we can see a descending triangle. When we move to 4hr chart one more pattern " symmetric triangle " forming at the resistance of descending triangle (1D) Moving at 15 min chart noticed a flag and pole condition the rsi was indicating OB. I've entered at 37095 with sl or 36375 and target with 40,000 as round figure and 41900 (t2)