Last night before i go to sleep, i left this drawing. And i saw this blue box completing right in time for the drop, it had a fake breakout (it was already coming from a bull trap - fake breakout in the last flag) which made me think it's not going up anytime soon. So this is what I'm expecting, Thanks to my Trading Academy, I've been doing fine lately! So...
As i saw earlier, there's a resistance there, just after that looooong small bull flag, it failed and it went down. It's testing and soon it will break. Hopefully! Expect lower than 8k
Could this be possible? I'm just sharing what i see, do your own analysis. But i would love to see this in action.
Well this is what i see, and i expect it to drop now. It's an idea, let's follow it's behavior. Be alert, it may breakout too... but right know, the main trending is down. be aware.
After a shooting star, it seems like it's flying again. And maybe some 5 elliot waves, starting with short ones and then we could expect a long wave. I'll be watching this closely, see how it shapes itself. Or it could be a Bull Trap, who knows.
At 4H you can see a descending wedge is forming... this indicates that it can bounce up anytime. Maybe not so soon, but I would keep an eye on this movement.
As i see my graphic, there's a line coming from before. Bearish Flag happened, and it's dropping. At around 6800 (white circle i traced) is near, and it's possible it bounces there again. If it falls, it may go lower levels It may bounce up and never go that low again, as in 1D chart you can see a big pennant. It may break out high. or low. Do your own...
Let's see if this fulfills. If this 8250-8400 barrier breaks.. BTC will fall even more How deep will it go? I want to see this 5 elliot waves downward Would be interesting to buy the eternal -wait for it- dip
I can see it's touching both support, from long ago... and from recent bounces. Will it drop again? Let's see. Right now it's forming a downward flag (apparently.)
I'm not a pro trader yet, but I'm studying BTC behavior for months and officially studying as a Trader wave analysis and much more stuff. I've been following multiple TA in TradingView and thought i should share my visions too, since everyone has the right to get it wrong :D So what do i see? There was a bull movement a while ago, where an ascending flag failed...
I tried to follow this, and i got scared multiple times. Specially last mini rally i thought it was going to rocket up. and no.. it went down this morning (-5 GMT) So... I still think it's forming, at 4h and at 45 min i see that shape. ABC is completing, and then i expect it to go below. Hang tight!
This is a 4H. where i saw a bear flag and it may go down once more. Be aware of the limites if it breaks!
BTC break out soon or extending a flag pattern?
I think BTC is now transforming into a new pattern; It may be one of those and if it breaks any of the top or bottom trend... Well, everyone knows what that can be, so keep alert
Whatever happened before i saw a Double Bottom and wow, it did go up while i went to sleep. Surprisingly this Wave Analysis I've been studying is really paying itself off. PM me if you want more information where I'm learning, it's specialzed in Spanish but there's also in English mentor / videos. I see it's forming another bullist pennant/flag (I'm still...
i dont know how up its going but it looks like bouncing before dropping once more i see rsi low and double bottom forming. though macd is not ready it may drop a bit more before bouncing lets see how it goes
im still learning at a trading academy, i dont tend to be a pro or even worse claim myself as magic. i see its like bouncing once more. if it breaks top it may actually jump up. if it goes down and breaks low line this 4 hour image may tell us its going down even more. any comments?
I notice here another Flag forming, and it's bouncing 2 times.. it goes up once more, and then it drops another level. I may be wrong, but watch this form itself again. It happened before, and it went up in the same pattern. BTC is behaving funny these days :) Have fun following the wave.