Dear friends, We can see the formation of a bearish pennant, we are still on the previous scenario 1 targeting a heavy support around 9300$-8800$ I’ll keep you update my friends, Don’t hesitate to like and follow ;-) Good luck with your trades. Mehdi Green $$$Disclaimer : I’m not financial advisor, this is just for education purpose only$$$
Dear friends, We can see the formation of a bearish pennant, we are still on the previous scenario 1 targeting a heavy support around 9300$-8800$ I’ll keep you update my friends, Don’t hesitate to like/follow ;-) Good luck with your trades. Mehdi Green $$$Disclaimer : I’m not financial advisor, this is just for education purpose only$$$
Dear friends, The bulls didn’t had enough juice to follow the scenario 1, the Inverse H&S didn’t get enough support to explose. The Bearish divergence (MACD) + downtrend line resistance + Low Volume (market is hesitating) didn’t make a reversal trend ! As we can see the bears win this fight but not the war, another possible pullback is willing to come out...
Dear friends, The war is not yet finish, we can see stong resistance around $11500, the market is hesitating between 2 scenario. 1) SCENARIO 1 (55%) with an Inverse H&S neckline targeted+ Bullish flag 2) 2) SCENARIO 2 (45%) With a Bearish divergence (MACD) + downtrend line resistance + Low Volume (market is hesitating) I’m still optimistic and I see a bullish...
Dear friends, As you can see there is a resistance from the downtrend line and at the Neckline of the H&S. We can see a bearish divergence through the the MACD lower highs and throught the price higher highs. I'll suggest if you want to enter in a long position to wait the breakout of the neckline. We can see a little correction followed by a retest of the...
Dear friends, We can see the potential of a bearish divergence, we can see higher high price and lower high in the macd, be aware of it. Good luck with your trades Don't forget to like and follow ;-) Mehdi Green
Dear friends, After a long fight between bulls and bears at $11100 we can see that the bulls are winning. We didn't target yet the neckline of the Inverse Head & Shoulder and of course curious of what will happen but I'm positively bullish. Let's target first of all $11780 and our second target 12200$. Don't hesitate to follow me and click the like button...
Dear Friends, Bitcoin USDT, we can see on the 1D time frame chart the formation of a H&S, If we breakout the downtrend channel resistance, we can target 12k Good luck
Counter trading / raly to 0.38 to 0.5 % Fibonacci retracement
BTC downtrend is formed, next level resistance to 10k (be care of fake bullish retracement)
there is not yet enough volume to see a retracement, let's wait before to see a clear uptrend channel. Be patient my friends ;-)
Dear friends, it's a momentum to consider, if we breakout the resistance of 12k, it's a good sign to go in a bullish mode. We can face a retracement if the resistance of 12k is persistent to 10k. If we pass this breakout we can easily target the nest resistance of 13,5k. Just be care of a fast retracement due to the fast rising of the price for the last 5...
BTC DOWNTREND till which level of support ( 1 zone or 2 zone) ?
BTC RETRACEMENT - RESISTANCE LEVEL $10800 (3 bounds)
BTC/USDT to 7600 $ Inverse Head & Shoulders