After reaction on 50% of Fibo price soon will reach 88.6 creating Bat harmonic pattern. Possible some move down. This is counter-trend setup so reaction may be short-term.
After strong Friday decline price slow down. Possible reaction up as price reacted on support level.
Bitcoin proce reacted on 50% fibo of last bullish impulse. Breaking below this level (ca. 34700$) can bring price lower. Next potential bullish reaction in the area of fibo cluster 61.8 + 161.8 of BC wave (level 33650-33850). Further decline can lead to fulfillment of harmonic pattern on 78.6 of fibo.
Bitcoin with potential head and shoulders patter. First price needs to close below 36000. Then possible move down towards 50% of Fibo.
Possible Gartley pattern in the area 108.93-108.96. Additional confirmation is one-to-one geometry. Potential bullish reaction may be short-term.
There was reaction on 61.8 fibo. If price will break this level, possible Gartley pattern in the area 1.2220-1.2225. Additionally there is external retracement 161.8 of BC wave.
Price broke from triangle pattern. Waiting for retest before going short.
German index still in uptrend. Some major resistance ahead - cluster of two fibo external retracements 161.8 in the area of 15900. It can cause some pullback or consolidation like we saw reaction on cluster of 127.2 extension.
We see range move on this pair. Major resistance at 1.2130. Recent action within parallel channel. So most probable move up. Another chance for long positions at support level 1.2020-1.2030
Strong bearish reaction on Friday. Major resistance level at 1.6980. Price is consolidating within ascending triangle so breakout will show direction.
Price broke from triangle pattern and retested it so more probable move down towards next support level. Bearish pinbar on H4 candle.
Price is testing resistance level. Breaking it should continue uptrend within the channel towards next resistance.
Price broken and retested ascending trendline. Currently is testing resistance level. Possible move down.
Price is consolidationg at the top. Huge outside bar so more probable move down. Breaking below support level should bring price lower towards 1.40000
Price is struggling with resistance level. Breaking it should brong price higher making higher lows and higher high sequence.
Price reacted on 50% of fibo. If this local support will be broken, there are two areas where potential bulish reaction can occur. These are two deeper retracement 78.6 or 88.6 that fulfill harmonic patterns.
Another attack on 1.2800 resistance level . Inverted head and shoulders pattern. Breaking neckline should bring price higher to the next resistance. Trade carefully!
Bitcoin reacts on one-to-one geometry. Market creates sequence of lower highs that indicates downtrend. So possible short.