In the previous analysis, we mentioned that the falling channel can break the middle point and come to the upper part of the channel. However, I think that the environment that can break the upper region of the channel has not yet formed. Short from the upper part of the channel can be tried.
BTC retested the weekly support zone it broke yesterday. I expect a pullback from here to the $37,200 Zone. TP:37.200$
Price move in Parallel Channel. SL:1.1418 TP:1.1545 Good Luck
It has been moving in this channel for about 1 week. After the breakout, the 1st target is $96. It has been preparing for the new movement for about 48 hours and the volumes are getting narrower.
Hello Traders; Bitcoin/Usdt 15-minute chart features a Symmetrical Triangle pattern. The contraction has increased too much and it looks like it will most likely break down. Symmetrical triangles appear as trend continuation.
ETH/USDT Potential H&S Pattern Buy Area: ~2370 Target Price : ~2900
ETH/USDT Potential Ascending Triangle ; TP:4200
Possible H&S Pattern Target : 33.400 $
We are very likely to see symmetrical movements in Bitcoin parity. I recommend not believing rises of 3-5% and not entering Long position.
We continue in a falling channel. In the coming hours, there may be sharp drops in 6800 area.
All details and steps are explained in the graphic. Thank You
Currently there are 2 scenarios in sight. Scenario 1: Retry $ 257 support and then complete flag formation. Scenario 2: More likely, it will regain power from the $ 263 support and go to the 290 level. I rarely see anything other than these scenarios. It is not investment advice.
Flag formation works well. After touching the red dot, there may be a slight correction and then it can be open LONG position again from the support zone (green dot). The goal is currently $ 308-315.
Hello Trader; In my opinion, there will be a serious rise in the coming hours. Note: It is not investment advice. Thank you