This is a trustworthy combination of 3 pitchforks which has been proven to be working well for a long period of time. It says BTC is going down at least untill 25300 which is the place to monthly pivot. Soo, i think today we might have to close every long position on anything. And wait for a better place to buy again.
head and shoulders pattern with pullback completed: going for 2.2$ or getting rejected from the blue line? comment your ideas!
Wait for the pullback to complete then buy for a minimum target of 20% profit. First target: overlapping of R2 weekly Fibonacci pivot and head and shoulder target. Second target: on the long term bearish trendline Stop loss: 0.49$
it might be a little like a fantasy drawing but anyways` that`s what I see in big picture. opinion: still bullish
bearish wedge correction broken at lower surface and the price is probably completing a pullback to it. it might be a risky short with an almost good R/R important target to achieve (risk free point): weekly pivot at 35400 maximum target (wedge`s target): 34k
bearish divergence in 15min rsi + hitting the resistance First target on weekly pivot
Last time it was a fake breakout but now that the bearish rsi divergence at 1H is offloaded, it can go for a true breakout. Besides, it has touched the blue line which has proven to be valid by price's reactions.
it`s been a 100% profit since my previous analysis on 1INCH and now there might be a new opportunity for and 44% profit to reclaim the ATH at 2.97$. but! don`t hurry. watch the candles in the next few hours to see if it is a real breakout or a fake one. be careful about the RSI divergence
Trenline broken. This might be a pullback to broken line.
Is that going to be rejected from the channel`s midline? if so, I think it would fall to yearly pivot at 20700$ rejection could also happen after BTC hits the yearly R3 at 46K if it breaks the R3 and continues to fly, it might go up and touch the trendline above, then start to fall down at least until the midline of the channel.
Yearly pivot indicates an R3 level at 46k and historically there has not been a time in which btc hits yearly R2 and spares R3. So maybe this time too...
broke the bullish channel at daily(which had started from about 11400) and just broke its double. having a little rest above the R2 fibo weekly pivot. formed a flag in 15MIN. looking to see what happens with the flag. probably will be broken upwards. first target in case of bullish move: 38730 (400% fibo exp level)
entering the previous upper channel and breaking all fibo pivot levels and pullback to R3. now forming a triangle in 1H. my opinion: it would break it upwards.
now here you see one of the highest f***ing potentials in the crypto market! almost broke the flag and now doing a pullback. going to kiss the skies. of course it is long journey and of course it won`t happen in one dat or two, but it has broken the 2 YEARSSS of bearish trend and now that the trend is bullish, higher targets are easily achievable.
struggling with 38.2 fibo ret and for another time with down trendline. waiting to see what happens. if it breaks them, seek for pullback in smaller timeframes. however, there is a strong sign of being able to break them: it has broken and completed pullback to R3 weekly pivot.
look at the reaction to the static resistance at 0.5433. and it is still closing 1H candles above the R3 weekly fibonacci pivot.
ont has had a good move in the last few days. it broke all of the fibonacci weekly pivots an now has conducted a pullback to the previous high in the current upward trend. we can see a good bounce on the minor resistant drawn in the chart. minimum target is for hitting the channel top which is close to 38.2% level of fibo ret. 45% profit
bullish divergence (rsi hitting the moon:)) W pattern in progress reaction to valid resistance all of above making a good opportunity to buy