FTM finally did it! Broken the downtrend started way back in March, created an ascending triangle, broken bullish indicating a long term trend change. First target is +50%
Ascending broadening wedge currently playing out in $hard. Around 110% gain from current levels and around 80% from confirmation
Gala has broken out of a falling wedge dating all the way back to March, retested and trying to run!
As previously mentioned Worldcoin has bottomed, was bouncing around thr 50MA level. It's now broken out of the falling wedge, next target is 100% gain!
Worldcoin has broken out of the falling wedge, has broken above the hourly 50MA and retested it. The moving average is still trending down but ultimately this should be the start of a 30% move up
Arkham bounced off the long term trend line in white and is currently retesting the 50MA as support. Two scenarios and both are bullish 1. we stay in the falling wedge for a little longer retesting bottom support for a third time moving 20% in the process 2. we break out of the falling wedge without a third touch of the bottom support leaving everyone behind
Bitcoin has nearly completed its last flush before resuming its upwards trend. it's nearly retraced to the 0.382 level and in the process created a falling wedge pattern. The falling wedge pattern succeeding would push BTC above the top resistance line. Furthermore historically Bitcoin has regularly missed out retesting the 0.236 level and instead front ran it
MACD and RSI trading strategy ssignal trigger BINANCE:AVAXBTC short signal triggered 65% winrate, 7.9 profit factor.
Failed to hold the line guys, we're going to retest the line and head back down to check out that $17k level again
After hitting bottom support we seem to be trading in a Gann fan. We *should* be able to hold this range until we hit resistance ($25K, $28K, $33K)
Data taken from the 2017 Bitcoin market marking similarities in the current market. Breaking the blue resistance line would indicate the start of a bullish market based of off previous behaviour
Bitcoin looks to be forming an ascending broadening wedge, probably a consolidation of the move down we had, it's likely we'll hit $25K, close this week above $22300 (200WMA) and retest $20K next week
If we manage to reclaim 29-30k region we're unlikely to be breaking 35k before making new lows
$bitcoin is still holding the trendline it created way back throughout most of 2020. Short only on a confirmed break below
Long on Bitcoin until we hit the resistance created by $67K and $47K. Will consider continuation or shorting from there
BTC is currently sat within a symmetrical triangle. Breakdown will likely lead to a bearish retest of $28K before making lows in the $23K region. Break up would likely lead to a bullish continuation to test resistance at $34K which could open up to targets in the region of $40k Shorts currently underwater from the false break down earlier this week