Gartley bearish pattern has been formed on 1h time frame with perfect c and bd projection (0.38 and 1.618).
XABCD pattern got formed with perfect febonanci retracements as well as parallel channels can be a good indication for a big rally. support and resistances mentioned with febonanci.
ETH formed a double bottom and the way you can see the ABCD pattern with perfect febonanci retracement 0.51 and 1.74.
Since the btc has been in consolidation after forming a new LL but still on major support of trend line (1H). Also formed a double bottom which can clearly indicate the bullish rally.
Since btc have been entered in bullish pattern and drawing HH and HL.
RISING WEDGE FORAMTION AS WELL AS CUP HADLE INDICATES a good rally on 1H timeframe
Btc test the ascending broadening wedge on Daily timeframe!!!
As btc is circulating between parallel channels and the trend of LL and LH has been started.
Keep thses trend lines in your mind as btc make its way to break this resistance trend line .. then we will se btc on the moon
ETH is trading between a perfect parallel channel and trying to break some major resistances...
Trading between support and resistance trend lines and there is an implenetion of ABCD pattern as well.
The way you can see bnb showed perfect respect to my drew resistances ... got rejection after three white soldiers
As per ABCD pattern, three white soldiers formation drew a BC projection up than 3.618
On the basis of dow theaory and moving between trend support and resistance ...
As BTC lying on the strong support and showing respect to support trend line .....
shooting star and hanging man combination ....................
applied febonanci retracement..... perfect support to exit the market.. hanging man on top .. bearish pattern
SHORT TERM TRADE FOR BTC ... CHANCES TO REJECT FROM THE resistance again................