Possibility= 70% Its look like reverse head and shoulders wait for confirmation. Disclaimer: This information is for educational purposes only invest at your own risk !!
Before Invest Do your Own Study
The charts shows two paths for BTC. From here it can follow the either one. RED one is distribution schematic. GREEN one is re-accumulation schematic. Personally I'm leaning towards distribution schematic but if I see some strength around 9100, I'll switch bullish. Any Price weakness around 10100 will trigger shorts. Play patiently!
we have weekend sideways movement most of the times in the weekend we are in sideways. the currently we are in bracket lower range is around 9550 and upper is 9800 .any side we can see some good move till 10100 or 9100.
. SELL AT 10K
Disclaimer: This information is for educational purposes only invest at your own risk !!
Any thing above 10400 is gonna big bull run .This is Hugh.I dont have much to write we are awaiting to break this red line to kick start may be .
MATIC NETWORK WILL GOING 0.03$ IN 2 AND 4 DAYS. SO BUY AT CURRENT PRICE IS 0.021$. I AM SHOWING CHART OF MATIC NETWORK ANALYSIS.
BTCUSD as formed double top and triangle pattern on daily chart and small triangle in 1hr chart. It as broken triangle pattern in 1hr chart and expecting upmove for short term. Please zoom if you if the 1hr triangle is invisible .
Wave pattern breakout or breakdown
BTC can be shorted here for short rally. Since USD is getting stronger for the next week we can consider btcusd coming down
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (8953.78). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BTCUSD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
SELL BTC IF BREAKS 8807.50 LEVELS MENTIONED ON CHART
Bulls have to step in to defend their territory, otherwise a much deeper correction will occur. If the third test of the descending wedge resistance does not lead to an upward breakout, the 8500$ zone around the rising trend support line will likely to be broken. Not a financial advice.
Bitcoin (BTCUSD) peaked at $10,074 on the 7-May and prices are now trading near the $9000-$9300 price range. Bitcoin is no longer trading near resistance, now it is going towards support. I saw some signals out of the charts and technicals that are really strong and pointing to a drop. Mondays can be bloody for Bitcoin so please be cautious. The potential...
Break the flipper and we are going to touch the upper fib trend line. Else, we are going to the lower one.
After nice dip BTC is now taking trend line supports as previously posted .Look for Long entry if you getting HL and HH .that can be the game plan. here Shorted can be trapped because one can not short the support .