In the one-hour Bitcoin chart, it seems that a harmonic head and shoulders pattern has formed.
USDT dominance touched its historical pivot and hit ATH and touched the top of weekly channel. This means that bitcoin should start moving up from the $ 30,000 range.
USDT dominance is at the top of its ascending channel and looks set to move towards the bottom of the channel. In this case, bitcoin will rise.
CHR formed a harmonious pattern head and shoulders and is now dealing with a dynamic support and if the support does not break, it will see higher goals.
ICP is in a significant resistance zone, if this zone is broken up, the $ 30 price target will be available.
38500 is important zone for BTC. If this price range is broken up, we can expect an uptrend, otherwise it is just a pullback in the downtrend.
If the bottom of the bearish channel can push Bitcoin up, it could move to the bottom of the bearish channel, otherwise we would have to wait for the price to hit the $ 30,000 support.
Bitcoin broke its downtrend line and stabilized above this line in the 4-hour timeframe, Bitcoin will pullback to this trend line and then it will touch higher price targets. This is not a financial advice.
If the downtrend line is broken upwards, it is appropriate to enter and move towards higher price targets.
If stabilized in the four-hour time frame above the MA108 line, growth will be available in the range of $ 4, and if it returns, it may fall to about $ 1.9.
While bitcoin is in the oversold range. The USDT dominance has reached its channel midline. It seems that BTC should start to rise.
If the collision with the downtrend line leads to the failure of this line, the uptrend will be.
If BTC maintains its current position, CHZ will break the 0.327 range cause it it brake the downtrend line.
This bullish triangle indicates that if BTC is bullish, the CHR will move higher. This is not a financial advice.
This is not a financial advice. Given the dominance of USDT and the bitcoin pattern, this is to be expected.
This is a possible pattern for Celer if the price of Bitcoin stabilizes above $ 48,000.
This analysis is based on the strategy of support and resistance.
If the market is generally accompanied, Blok trend will be like this.