We can notice first of all head and shoulders and that was the reason for the last uptrend If we count the distance from the head till the nick and we count it after passing the nick we can see that our first Goal on btc is at 105k so there will be the best Goal if it didn’t reflect from 99k which is a cluster of 270 and 540 angle of gann star counting from...
We can see that it is at 50% of the last low in Aug last year And now he made up channel for the last downtrend in Mar 2024 and broke it up So we can enter or add more to our wallet as long as the SL still near to the entrance Our Goals are represented by red flags so let’s wait and see
The situation now is The chart is at the 23% resistance of last top so we may see small correction till 20 cents and going back up again There is small diversion on the volume but still good coz the correction till now still less than 50% for the current high We can raise our shares after breaking this resistance up and closing at least 4h candle to be sure...
We have downtrend from the last high and now uptrend with correction less than 25% of that high The uptrend still weak and it could be a small correction for the main downtrend beside the volume has conversion But we can predict the bottom as long as our SL area is too close to the entry area So what do ya think guys ?
Till now the correction still less than 38% but even if it goes to 50% still healthy Our Goals are each resistance we draw on chart but the big Goal still not sure till it broke those resistance areas first The price is at 50% resistance area of last high 2021 we may see correction as it is now but the bull market will break it easily
Still is so good to join the party We can see the positive volume on the uptrend and the negative volume on the last two days of correction There is an important time so we hope that the big movement will be at that time The resistance areas are drawn by gann methods and fibo
You can notice the low volume on the last correction from the last high in march Still the trend is weak because it made only 23% correction from the big top in 2021 but as long as it closed a daily candle above it means that we can join the trend and our SL can be close one daily candle below it The rest notifications are drawn on the chart
All details are drawn on the chart Breaking the support area doesn’t mean that it’s a good chance to buy although I don’t think that it will So waiting till the end of this year to reach my Goals
Let’s see if this time will see a new high All details on the chart
We can see that it’s on 270 degree for gann cycles so it’s good area to get reflected at least 35% so try to not miss this one in this hard market
We can that the price in the middle so best way is waiting it to go to the support ( green line) or buying after it break the downward trend channel and close one daily above it
Downtrend with divergence with RSI beside we can see that it made two cycles on gann star so I think that is very good to reflect from here Our stop lose will be close one daily candle below 720 degree where 0.26$
Best areas to get reflected from are the green lines beside we can see Divergen with RSI
as you can see that it would goes up from now and our SL would be close one daily candle below 0.43 and our goals are 0.65/0.77
we see that this is a big time for btc to reflect till the nick line at 28k and the analysis will fall if it breaks 18k and close one daily candle below it
All details are marked on the chart Don’t forget our time to start flying
Pls enter after breaking the resistance All details are marked on the chart
Good morning As we can see that it moves in triangle so we have two ways Breaking it downward means we will see it at the next determined supports Breaking it upward means we will see it goes to 3200 at the first part Breaking this resistance and closing above it means we are in bullish market again Be careful of the time zones that i put there