Even after the Bitcoin halving, I have not seen people drawing out this long term triangle. So I thought I'd share this real quick. I drew this as a sketch a long time ago and it has been working out very well so far as you can see! Since I see Bitcoin bullish in the long run and we are moving closer and closer to the breakout of this triangle, I think we can see...
On the 4h chart, we can see that it was following my Channel Up pattern quite nicely. Updating now on my previous successful analysis, it started to build an Ascending Triangle which indicates another bull run, especially now with the US-news we might get some more information on soon. I suggest going long. But as always check for price action first and proper...
On the 4h chart, we can see a nice uptrend. We could possibly follow the trend to get some value back to the EUR with the current update of the GDP of the Eurozone which gained +0.1%. Due to me being bearish in the long run, I suggest if we can break the uptrend and see with price action going bearish, we might see another dump for EUR. Let's see how this goes and...
On the 4h chart, we can see a double bottom. Magnitude is quite high, we can also see the double bottom on the 1h chart. Check on price action before entering the trade, see if we can break the resistance and get an uptrend. Should then act as support after the breakthrough. There's a good chance that silver follows the uptrend of gold, which we've seen in the...
We can see a channel down on the 1h chart. With decent quality and high magnitude. I think it will change and break out of the pattern due to the GDP news of the Eurostat. We will have to wait for the confirmed news tho, to be sure for a better view, where we could end this channel down. ---------------------------------------- Thank you for inspecting my...