Hello everyone Price is forming a rising wedge. It is a bearish pattern and a continuation pattern, which means that the downtrend will still continue. If the pattern is broken then we will encounter the listed targets. Good luck.
Hello people Price made a minor pullback after downtrend but was stropped by the resistance line. Most likely scenario is that price will drop further to targeted price levels. In case scenario 2 unfolds, price need first to break the resistance line. If broken, then most likely scenario 2 will play out and price will eventually hit the targeted prices level....
In the making - Possible head and shoulders in the making. We might se a reversal from this point and a start of a new uptrend. Pattern not confirmed yet, however, it is worth to keep in mind. Good luck!
Price is forming a double top. If valid, price can go down to 16-16.5K
Demand zone right under 18K holds a lot of liquidity. The price needs to go and pay this zone a visit before an uptrend. Beware of trap. Entry must be after the bounce from demand zone. Look for volume confirmation before entry. Good luck. This is not a financial nor an investment advice. Do your own research.