Descending triangle forming which is bullish. Goal is to buy it on the downside of triangle. If crypto in total stabilizes here this right now could well be the bottom. Expecting in short-term at least test of the upper side. As I am believer in the tech I am here for the long-term HODL but for those who trade I think it is good opportunity right now.
Still inside this what looks like a bearish descending triangle for a long time. Upper side was the best time to sell and put a stop loss. Expecting a bigger breakout any day now (maybe today) - unfortunately most probably to below. If it happens that could retest 41-42k area. I am not in BTC currently.
Let's assume we are going toward new "mini" bear market. Copy of the last bear market from middle of this year, so just for fun to see how it will play out this time. Probably totally different...
We are currently in macro - green/micro - red descending triangle which is very bearish. I expect retest of 40-42k for continuation of bullish phase, closing below means further dip. If we manage to close outside the triangle line (red, especially the greenone) sentiment could change to positive.
Today expecting the big move outside the triangle. Most probably, unfortunately to the downside. Expecting retest of 47k in the short term, hopefully bounce from it.
LUNA looking really strong this dip but I believe correction is due. Looking at either bouncing off this channel to enter and exit on the top line, or if it closes below entering on yellow line.
Shortterm price should go down out of this rising wedge. Think the bears won this fibonnaci level and expect price dropping at least below the green area.
Symetrical triangle on BTCUSDT on 1hr chart. Breakout mostly in the trend direction so more chance it goes that way. I believe we will test atleast first Fib line at around 46.5k before going back but I think this fall will be even deeper than that.