noah_chen

noah_chen Updated 

After breaking out of the falling wedge, the price fell back to the trend line, forming the right shoulder of the H&S. If the price falls below 1852.85, the H&S will be established. - If the H&S is established, pay attention to the supports: 1829.60, 1796.97, 1713.16~1726.65. - The H&S short order: Take Profit: 1697.71 Stop Loss: 1957.59 -

noah_chen

After confirming that the price fell below the trend line yesterday, it is now rebounding in the support range (23077.21~23247.33). This support range is also the POC of the previous consolidation pattern. - There is trend line resistance above, and it is speculated that the price may rebound and continue to decline thereafter. - Pay attention to the three...

noah_chen

The figure shows that the current price is still above the trend line and has not yet broken down. The top two target prices are 2162.9 and 2265.85. - If the trend line is broken below, the lower support is 1829.6 and 1713.16. - The circled point is a break below the trend line, as the US CPI is lower than expected and the price is back above the trend line, which...

noah_chen

In the daily chart, we can see that it is currently the rising wedge shape. If the price breaks upwards, pay attention to the first target range of 27577.61~28171.07. This range also overlaps with the CME gap (the black line on the right chart marks the gap range, and the green line marks the first target range). Prices generally tend to fill the CME gap. If the...

noah_chen

On the daily chart, the price strengthened after breaking through the ascending triangle below, and the price is currently in a rising wedge shape. In the three-day chart, after the price fell below the support of the head and shoulders trend line, it came to the support price (0.049105) and then rebounded to exceed the right shoulder (0.076912), and the head and...

noah_chen

After the CPI was announced, BTC, ETH and BNB were about to fall below the trend line, but were pulled back. ETH has even experienced a false break. -

noah_chen

The chart clearly shows that the price has broken below the first rising trend line and is currently on the edge of the second trend line. The following three strong support levels are provided: 298.0 275.7 261.9 -

noah_chen Updated 

In BTC 1hr chart, head shoulder top formed. The price now is in the support zone(36786.0~36941.0). Let's see what will happen ! What is your opinion? Share with us in the comments!

noah_chen

After the failure of the cup handle pattern formed from 2021/5/12 to 2021/10/20, the round top formed. We let the 2651.0 be Fib retracement 1, 4867.81 be 0. The support zone will be in 1.272~1.382(2048.03~1804.18). Now the price of ETH is in the consolidation range.(black horizontal lines) If the price breaks this consolidation range, the next support zone will be...

noah_chen

BTC, 1D On May 21, 2021 and July 21, 2021, we find the point of control, which the price is around 32828.5. And about the head and shoulder top, we let the 41274.0 be Fib retracement 1, and the 69182.5 be 0. According to the Fib retracement, we can see that the possible support zone is 1.272 to 1.382, overlapping to the POC. How about your opinion? Share with me!