I wanted to update KCS analysis. Even thought the BCS ecosystem is really good I see a possible surge in Kucoin signups due to the mandatory Binance KYC. BNB vs. KCS. KCS: 12.94$ - MC: 1B - CS: 80M - Total: 170M BNB: 498$ -MC: 83B - CS: 168M - Total: 168M #Kucoin #KCS #BNB #Binance #crypto
If we close the daily candle as bearish I see 2 possible outcomes: 1 - we drop to 200D EMA and confirm it as support then up 2 - we drop to 0,5-0,618 fib levels then up. The red line is the POC (Point of control) of the AOV (Area of Value) #BTC #Bitcoin #crypto
We're clearly in a downtrend, however, despite being in that area of value, we moved to the upper range and bouncing stopping on that control point. Thats a sign that it wants to go up and break that area too. The thing is: will it move again to the lower range or will it breakout to 39k? #BTCUSDT #Bitcoin #BTC
We are going to reach the 30k-31.5k supply zone and if it doesn't hold it then we go to 24k. If we bounce on 30-31.5k those are my TPs. Not a financial advice #BTC #Bitcoin #harmonicpatterns
We've formed a bearish harmonic pattern and we could bounce from those squares. After reaching the first TP that was between fib levels 0.618-0.786 (36.000-37.200) we could go up from here, but if we don't bounce from here and go deeper beyond 0.786 we can still go down and reach the second TP. That would be to fib 1.618 (30.400 - 31.600).
What if... 👀 Bullish harmonic pattern on 1D chart. Using fib retracement from C to D the target would be 1.618 that is 87.418 $. What do you think? #BTCUSDT #Bitcoin #HarmonicPatterns
Forming an Inverted Head and Shoulders pattern. Once it reaches the 0.5 fib it will go up and when it reaches the neckline it will pump the same distance as from the shoulder to head.
We are forming a bullish harmonic pattern and for now we are going down but I expect it to reach 2$
Trendlines, support and resistances on 1D TF then affinate on 4h TF On actual wave we touched 0.618 Fib retracement point and I expect to go up from here.