The reverse head and shoulders in Bitcoin is likely to be confirmed in half an hour, and the target is $60,800, and the next target is possible if it touches the previous target and rises again to $62,400.
I think that based on the established pattern of a symmetrical triangle, the target could be around 63,100,which could rise with the stoploss mentioned in the picture. Although there is also abroadening pattern on the daily timeframe targeting the peak,according to the Ichimoku cloud,there is also a remain cloud at the price of 68,000 that the price should...
In the daily timeframe, despite the bullish market, Bitcoin reached the bottom of the Ichimoku cloud and could not continue its rise. Expectations were for Bitcoin to at least approach the nearest Ichimoku gap at 70, but it seems that, given the bearish trend in the weekly timeframe, something negative may be in store for Bitcoin. However, we need to wait and see....
It's humorous to say that whales love this movement... When a TP is hit, they push the target upwards and create a reverse head and shoulders, then they create a normal head and shoulders pattern again and start the decline despite the market being completely negative. They are all based on the double top formation without the need for all this artificial drama....
If the trendline does not break and the price drops, three peaks will form, which could potentially indicate a head and shoulders pattern. If a Fibonacci retracement is drawn from the left peak to the lowest valley in the middle and set to 1.272, the decline can be predicted to reach that point, which would be 59,439, and a drop to that level is possible. One...
"I think it's the trend lines that drive Bitcoin's ups and downs. As you can see, on the four-hour timeframe, Bitcoin hit the trend line and started to rise again, coinciding with the Williams indicator signaling growth. It appears that the profit target is close to the 38.2% Fibonacci level, as indicated by the green trend line on the four-hour timeframe. Good luck!"
I think that considering that the MACD is positive in the four-hour and daily time frames and the inverse head and shoulder pattern was made in Bitcoin in the one-hour time frame, but the pullback has not been confirmed yet, so I believe that the target is between 1.272 and 1.618 Fibonacci. we can say that our target will be between the price of 72000 and 73000...
I think that Bitcoin has reached the price target of 66,291, and in other words, it has reached the end of the four-hour bearish wave, and in view of this, a head and shoulders is forming in fifteen minutes, which is a target equal to It will have 69809 to 70550.
I didn't think that the bottom of Bitcoin was 56, but considering what happened today and the price of 65 pullbacks, the target will definitely be between 71 and 75. Therefore, the upside is confirmed and the TP will be between 1.272 or 1.618% Fibonacci.
An interesting development is unfolding on the fifteen-minute timeframe in Bitcoin, indicating readiness for selling and shorting. Due to two candles forming around the $60,000 mark within a fifteen-and-a-half-hour timeframe, along with the formation of a head and shoulders pattern, if the price can break the trend line in the lower timeframe, we can expect the...
I can't speak with certainty, but considering the model and approach of Ichimoku and GAP,given the decline of Bitcoin as a recognized indicator in crypto, it can be inferred that the decline of Ethereum is not far-fetched. Bitcoin is projected to decline up to 3900 on a daily basis, with that being the target. Therefore, the decline of Ethereum, based on the...
"Given the sudden rise in the price of Bitcoin, which led to touching the previous peak at 62785 with GAP method, and considering the William percentage placed at its ceiling, indicating readiness for a price decline, along with the downward trend in daily movement, it is likely that the next target for price decline, according to the method of GAP, is 59261(TP)."
"As you know, trading with GAP is the best way to profit, and the last trade in the last fifteen minutes was at 64,500, made during Bitcoin's ascent. Currently, we're seeing a decline towards 59,000, as depicted in the chart. So, we're waiting for a new trade to see if it will drop to 39 or continue its fluctuations."
The initial stages of Ethereum's decline to the price gap of 2966 occur within a fifteen-minute timeframe, but the drop to 2289 on a daily basis, considering Ichimoku Gap and its elements, is definite.
I think a crash for the pepe cryptocurrency is underway, with the first TP (Take Profit) being 0.0000075934. The method of calculation is based on Gap, which is very accurate. The ascending gap must occur, followed by a descending gap, indicating that the ascending gap has occurred and the price drop is ready to happen.
Ripple is a valuable cryptocurrency that its managers are eager to grow, attracting many investors and whales. I am very hopeful for its future, but in the fifteen-minute and thirty-minute time frames, two descending gaps will definitely be touched with the start of the price decline. Traders using leverage can profit from these two profit tickets. The first will...
The Dogecoin, after a price surge and hitting the 0.17 gap, could experience a price decline towards its nearest gap in the fifteen-minute timeframe, likely between 0.13 and 0.12. However, it's not as straightforward; in the daily timeframe, if it reaches the price of 0.1258 and breaks it downwards, confirming the head and shoulders pattern on the daily timeframe,...
I've plotted all the resistances and supports of the Bitcoin chart with a black line, and I've drawn the trend lines in green. As you're aware, Bitcoin easily experienced a potential dip by filling a probable gap, and according to the trend I had drawn in the previous analysis, it should have dipped. However, the good news is that with the two pink arrows I've...