mohhano

mohhano

Circling $44,000, traders were mostly preoccupied with a potential retracement, this having the potential to wipe out practically all recent progress. "Now that we are at monthly resistance we may see a pullback. Even if we do, a higher low to 38K–40K would be "healthy" followed by continuation to 50K+ and a reclamation of our monthly resistance after which...

mohhano

As per above chart you can see a clear bull trap and it's possible a downtrend to 2$ and after it we will see bull trend for ADA.

mohhano

Everything on the price chart shows a retracement. Every retracement on the bullish trend is a good opportunity for buying.My predict is BTC will pump to higher target and I will see it on the 70000$ very soon.

mohhano

As you can see on the chert, there is a falling wedge pattern and one strong static resistance line. It should be noted that, negative divergence was observed on daily time frame. ADA needed reterasement for powerful bullish trend.

mohhano Updated 

Hello dear Head and shoulder pattern was completed :)) and I need a strong confirmation. by the way BTC shall be retraced and it is clear for everybody.

mohhano

466$ is good point for long position.

mohhano

See chart

mohhano

This is a harmonic pattern on the BTC/USDT Chart. It is worth mentioning that, a strong resistance is near to 55000.

mohhano

In first BTC/USDT started downtrend and will support soon (see chart). Therefore, long position could be appropriate position for taking profit.