ADA triangular pattern, wait for a break to the upside for good risk to reward trade
Range Rider is my special script which identifies the prevailing consolidations within an existing trend and provides clear breakout trades. It simplifies the trade setup with 1:2 to 1:3 in no time, when instrument is out off the consolidation zones. this is a simple short trade on BTCUSD with 1:3 targets. and its cleared. Now ramping up for another setup...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (32380). . 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 an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
BTC USDT perpetual contract has formed H&S and supply zone
BTCUSD is looking for long opportunity after DXY seems weak across the board & GOLD crashing this will play a big impact on cryptocurrency & expect to reach at the top after having descending channel formation on 4h & has forming consolidation to the continuation to the upside.
It is clearly evident that it has broken a symmetrical triangle pattern. No support till $31K. You can plan to start investing near $31-30k
$btc needs to break this resistance and sustain above it for bullish momentum if it fails then price will next could be drop to lower level of triangle,need to monitor closely before opening any position
BTC Bitcoin BTCUSDT technical analysis update If you liked our ideas, please support us with your likes 👍 and comments .
$BTC It took some time to show the reversal strength at the pool. I was waiting for the right entry & finally longed some below. Targeting the weekly resistance above. Hoping for a good week.
ren has broken out from a long resistance with huge volumes. retest being observed can buy for targets provided = BLUE LINES TGTS
bitcoin chart is forming bilateral symmetrical triangle Symmetrical triangle can either be bullish or bearish, Symmetrical triangles form when the price converges with a series of lower peaks and higher troughs but if we look BTC daily and 4hr chart, then overall trend is bearish So there is more probability that bilateral symmetrical triangle can break down....
There's a greater odd that bull market is not over. Dont get shaken out.
according to negative trend line, bitcoin looks negative and weak. if you want to take new holding take stoplose till red boxes. #btc #bitcoin #chart