BTC Analyze Time Frame 4H/ Symmetrical Triangle 👀
Updated
Unfortunately, my last three posts have deleted, because I did not comply with the ''house rules''.
About BTCUSDT Chart, I can say some info; First, we are at Symmetrical Triangle (trusty == more than 45 _60 candles are on our Triangle) + We have Hidden Divergence (HD-) between MACD and Price, until now + Evening Star (Bearish candlestick Pattern)+ TRZ + End of microwave 5 (price was at the golden number of Fibonacci), So we have to wait for Correction waves + Price was near upper line of our Pitchfork + Resistance Zone (cluster) + Fib circles (If you look at the circle lines and you will know that these lines have worked well in the past) + ADX=15.58 (Over 20 or 25 initial trends will start) ===== RESULT ==== BTC Will go Down again until Take profit zone 1 or 2.
My Suggestion: we had enough reasons for open Short positions (The above reasons).
Take profit 1: 36620$ - 36460$ (Weekly Pivot point + 61.68% Fib + support zone).
Take profit 2: 35430$ - 35120$ (Cluster of Fibonacci) === on this zone, BTC will decide to go DOWN or UP.
Do not forget to put Stop loss for your positions (For every position you want to open)
Please follow your strategy, this is just my idea, and I will be glad to see your ideas on this post.
Please do not forget the 'like' button :) & Share it with your friends, Thanks, and Trade safe.
Good luck
About BTCUSDT Chart, I can say some info; First, we are at Symmetrical Triangle (trusty == more than 45 _60 candles are on our Triangle) + We have Hidden Divergence (HD-) between MACD and Price, until now + Evening Star (Bearish candlestick Pattern)+ TRZ + End of microwave 5 (price was at the golden number of Fibonacci), So we have to wait for Correction waves + Price was near upper line of our Pitchfork + Resistance Zone (cluster) + Fib circles (If you look at the circle lines and you will know that these lines have worked well in the past) + ADX=15.58 (Over 20 or 25 initial trends will start) ===== RESULT ==== BTC Will go Down again until Take profit zone 1 or 2.
My Suggestion: we had enough reasons for open Short positions (The above reasons).
Take profit 1: 36620$ - 36460$ (Weekly Pivot point + 61.68% Fib + support zone).
Take profit 2: 35430$ - 35120$ (Cluster of Fibonacci) === on this zone, BTC will decide to go DOWN or UP.
Do not forget to put Stop loss for your positions (For every position you want to open)
Please follow your strategy, this is just my idea, and I will be glad to see your ideas on this post.
Please do not forget the 'like' button :) & Share it with your friends, Thanks, and Trade safe.
Good luck
Note
Point D has changed, so the counting wave has changed too, TRZ 2 activated, Also we saw the reaction on TRZ2👍
Note
Just for Education : 🔥Counting Waves+ symmetrical triangle (classical analyze) + Bearish Gartley +Bullish Crab+candlesticks pattern🔥 /timeframe 15min
Note
new post, please spend some minutes 😉
Note
New post :📉 Bitcoin Analyze Timeframe 1h ⏰(short term) 📉
Note
💵📉Bitcoin Analyze Timeframe 15min 📉💵/pay attention to Rising Wedge 👀
Note
New Post.👍
Note
New post 👍
Note
New post, bitcoin analyze timeframe 4h 👍
Note
RSI Analyze (BTC), Timeframe daily🕐
Pullback or Fake break 🧐❓
Note
BTC Analyze (Play with Pitchfork's Lines🍴 + Fib Circle)
Note
The new post read it please: Bitcoin Analyze (Technical & Fundamental)!!!
Note
New post, with New update.
Note
Follow Range Channel👍, Timeframe 15min.
Note
New post 👍
Note
New post: Bitcoin Analyze(Counting Waves+Channels+Tweets)!!!
👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
🎁Signup for 30% Commission Futures Fees and 25% Bonus.👉
lbank.one/join/uu1DKdN
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
🎁Signup for 30% Commission Futures Fees and 25% Bonus.👉
lbank.one/join/uu1DKdN
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.