Three different harmonic moves all point to 10-12K range.. Weekly chart so looks like a few months to play out. Stoch RSI also looks primed to drop from here
This is an idea of a cup pattern forming. During this consolidation, we've had 4 M patterns (currently at the end of the 4th one). Each time, the end of the M has gotten lower and lower. This last M however, the top part (blue) went higher than the previous M. If the bottom of this 4th M stays above the previous swing low + we get a higher swing, it could be the...
Looking for BTC price to come down more towards 100MA on 4 hour chart (which also is at the trend line). Will move to lower time frame to see price action and candle closes to confirm bullish reaction and enter long. Expecting this to continue up to a make a new swing high and will cause a 100 over 200 MA cross on 4 hour chart. Next swing high would be 43-45K range.
Shorting the Butterfly. Two Targets at .382 and .618
We have an inverse head and shoulders forming. Please see chart for Position and SL and TP.
Waiting for a close above previous swing highs on the 15m Chart. Looking to go long with targets being next level of resistance which is around the same area of a harmonic move up on the trend continuation. The break above previous swing high would happen above the 200EMA and the 50EMA and the daily pivot as well.
Looking to go long as an engulfing candle that is also a breakout candle has prevailed on the 4 hour chart right above the 50 ema and daily pivots. Target is the length of the body of the candle which is also the next resistance zone.
see chart for position and targets. Once we get a close above previous candle high closes, go long.
Price has retraced now to the 50 ema and has given us an engulfing bearish candle on the 4 hour chart. I've taken two positions, one with a RR of 1:1 and the other is near 1:2 in case it decides to test the previous swing low (which is lower than the previous swing low that came before it).
Please see chart as to position and reason for shorting.
Looks like we have a double bottom and a breakout candle on the 4 hour chart. See Chart for Position.
Please see chart for details and position details. Thanks!
Please see chart for reasons as well as position and the target/stop-loss
Going Long to next support/resistance zone. Good RR.
I have a sell limit once we get a little retracement. RR is better than 1:1