I'm thinking that BTC gets a relief rally from the 100 day ema (yellow line) to $4400. After that we grind to to about $3200 for a healthy retracement to a historically significant level. The $3200 level is also a current confluence of a 50% retracement from that $4900 area and the trend line from the bottom. From there, I'll be expecting to get back into that...
I am seeing a story being foretold here. Looks to me like a bearish pennant on the eth with a measured move to the .886 from the Mar, 2020 low. Only one factor missing here, my patients. DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for educational purposes only. YOU are responsible for your own investment decisions.
Possible bear pennant formed running into the curved resistance down to the .886 from the Covid crash low. We'll see if it follows through. DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for educational purposes only. YOU are responsible for your own investment decisions.
Nas100USD looking to complete a 9 count on the 4hr very close to the supply line... rejection for the weekend? DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for educational purposes only. YOU are responsible for your own investment decisions.
The head and shoulders pattern on the BTC 4h looks to be failing for a possible target of $22900. Or do you think it is a fake out being in a bear trend... because there is bearish divergence all over the place. DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for educational purposes only. YOU are responsible for your...
Take a look at the pattern developing here (right angled descending broadening wedge). With a possible head and shoulders for a break down to target of $985. Then a possible continuation to the .886 fib retracement with target of $630. Let me know what you think. DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for...