Friends: Post here a study on the natural correction that BTC may undergo. I am not saying here that it will happen this way. But I am expounding Elliot's theories about the ABC correction waves. I hope I helped in some way. Leave your like please and comment your opinion! 👉🏼If you want to talk to me, send an inbox message, or click on the footer of this...
Scalping Scalping is a very rapid trading style. Scalpers often make trades within just a few seconds of each other, and often in opposite directions (i.e., they are long one minute, but short the next). Scalping is best suited to active traders that can make immediate decisions and act on those decisions without hesitation. Impatient people often make the best...
FLAG = Impulse + Correction 📚 LEARN MORE 💰 EARN MORE With ForecastCity After a significant drop in Bitcoin price , the price is in a correction wave. What makes the chart interesting today is that: . Bitcoin is likely to challenge the 18042 ~ 18227 resistance area. . A break above 18227 could push the pair to the 19487 area . . A resistance rejection ,...
📚 LEARN MORE 💰 EARN MORE With ForecastCity Descending Triangle Definition: An Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high . It is defined by two lines: . A horizontal support line running through valleys. . A Downtrend line drawn through the peaks. The lower highs...
Inverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly...
BTCUSD update
Good Day LOVE... And it is... (Note: This is the analysis that I shared before Bitcoins breakout) Hit LIKE and we start with some phrases coming out of the money people in this reality... And these people have lots of money; let's see what they have to say to newcomers like us (crypto-traders): "Bull markets are born on pessimism, grow on skepticism,...