Hi dear Traders It seems Bitcoin is creating a downward triangle There is some evidence that likely BTC will break down the tringle. the volume is declining and Cumulative Delta is bearish. smart money flow is bearish too. I think the momentum of BTC has not enough strength to break up the triangle at this time
Hi dear traders as we can see BTC is in a position for stops its downtrend at least for the short term. I expect this cycle of downtrend to stop soon. but in long term, I believe the downtrend can continue after a pause in the future.
As we can see, Total made a bullish wedge. But, it is near the long-term channel midline resistance and the upper side trendline resistance of the wedge. Also, we can see a bearish trend in RSI, CCI, and momentum. They break down overbought areas too. I expect a bearish momentum in total before breaks up the wedge in the future.
Hi As you can see, BTC is near to Ichimoku and TDST resistance, and buy setup perfection is completed. It is a bearish signal. This area for BTC is critical. If a candle of TS countdown closes lower than TDST resistance (47000), we should expect a strong bearish momentum.
Bitcoin is preparing for a downtrend Ichimoku cloud resistance Stoch Rsi Overbought CCI Overbought BINANCE:BTCUSDT
We can see a divergence in RSI and Momentum, and on the other hand, we are near the end of the long-term wedge, which started at FEB-2020. What is the next scenario? BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSD
DGB is making cup and handle + triangle pattern BITTREX:DGBUSD BINANCE:DGBUSD BINANCE:DGBUSDT
BINANCEUS:BNBUSD Ultimate target can be 380 $ after that i expect bearish momentum
Long term log Channel: it seems the target of btc until the end of 2021 year is 200,000 Don`t worry As long as the price does not break the low trend line of log channel BITBAY:BTCUSD