Is BTC in a squeeze? Could we see a further drop to 33k?
This inverted HVF structure shows a target of 26k.
Bitcoin returns to the entry price of 38256.30, giving a classic second chance at this trade. Entry 38256.30 Stop 37176.06 Target 49588.99 DYOR
HVF Structure with nice RRR well underway here, but it's sometimes possible to catch these on a second chance dip to T1. Entry 189, stop 164, T1 201, T2 409, T3 618 DYOR
entry 13.8, stop 12.4, full target 30
Nice opportunities unfolding right now, entry 13.50000000, stop 12.08223933, target 29.64237782 not financial advice, do your own research
Current iHVF is going to drop straight into the funnel of the previous HVF from February. These levels will provide some support, and the levels below are targets from the HVF in 2019 from 10k. This chart has all the levels you need for the next few weeks.
Dawing the daily iHVF over the last 3 months we get a final target of 33866. Great buying opportunities ahead!
This draw shows a inverted HVF pattern that seems well underway. The entry was around 53k and just recently hit the second target around 43k. Expect a retracement back up to target 1 around 51k, and sometimes even as far as entry around 53k. Final target is 34k! The pattern is invalidated when price is back above 58k.
Still at a crucial stage, the 45572 mark from the previous iHVF has been a resistance. All to play for right now but looking more likely the bears have it.
Well underway, but don't be surprised if we get a retracement back to 48k before heading down to 43k
This could be the formation of an HVF which funnels around 44574 with a target of 49k
Just stepped it's toe over the stop loss 50457.0 line - this indicates a possible invalidation of the pattern. A strong move above the line with volume would invalidate the pattern and likely result in a move to the upside. Watch closely and wait for confirmation.!
Been watching this crash in slow motion. The MarketSniper HVF method will help you draw analysis that is amazingly accurate. Follow this link to join in: jd306.isrefer.com
Bitcoin stumbled at the 13000 key resistance level, and is now dropping hard. It could well retrace back to the 8000 level before the bulls build strength to take another shot at the 13k resistance.