


Trade_n92
Everything is clarified in the chart you can see upgoing and downgoing cycles after every bitcoin halving. RSI had a downward breakout the red RSI trend line named T1 in the monthly timeframe where you can see a little red rectangle and arrow there. The continuation of the RSI path is probably like the blue line drawn named R1. About the BTC price, I am expecting...
This is the last analysis's weekly time frame chart. Everything is clarified in the chart you can see upgoing and downgoing cycles after every bitcoin halving. RSI had a downward breakout the red RSI trend line named T1 and pull backed to it in the weekly timeframe where you can see a little red rectangle and arrow there. The continuation of the RSI path is...
after completing the symmetrical triangle pattern, an upside breakout of the red RSI trend line numbered 1, the 0.32, and 0.39 dollar target zones, and an upside breakout of the blue RSI trend line numbered 2, the 0.62 and 0.93 dollar target zones, will not be far from the mind.
In case of the price breaks the lower edge of the triangle, the price of 28, 25, and 21 thousand is conceivable.
After breaking out its uptrend line, Bitcoin is completing the pullback to its trend line, while with the formation of an increasing angle pattern in the same direction with the main trend, we are witnessing fatigue in the trend. There is a possibility that the price will drop to the range of 41 to 43 thousand dollars.
BTC is on its resistance area. As long as the candle sticks are above the line A and has not break the line A to the right of it, two targets for bitcoin will be reachable. first possible reaction zone and also target is 40000 and second possible reaction zone is 47500. If line A breaks, targets may fail and the chart will need reanalysis. Note: If the RSI line...
GBPUSD-1H has made a harmonic pattern with targets of : 1: 1.369 2: 1.374 3: 1.380