When evernone is bulish on btc but what you will say about this text book descending triangle today is do or die for btc if broken to the downside then 14k is coming incase of upside breakout market will test resistance
In this Chart, I have compared 2018 & 2022 Bear market There is a lot similarities in these two fractal I have compared it in Weekly Chart 1)In 2018 BTC formed Double Bottom after approx 71% decline from TOP & In 2022 $BTC formed double bottom after approx 74% decline from TOP 2) In 2018 it took approx 329 days from TOP to complete double Bottom and in 2022 also...
we have closed the bearish trade as price got to our projected target of 18950-20 now that price showed a fake breakdown and closed within the range of channel seems like btc forming inverted head and shoulder trade setup buy above 19325 stop loss below the right shoulder (not exactly stated as price still below the buy price ) target 19750 - 19800
According to the ABCD pattern which has been followed in BTC for a long time, BTC is likely to touch a price range of 10K tom12K and one can expect a bull rally to start from there as shown
in here you can see the poc area where price can again wanna come and there is liq which it wanna grab and then again gonna go up!
Expecting BTC to bounce from this level. OBV is at support. MACD showing reversal sign.
here Btc is forming a round bottom which could be a good place to accumulate.
long position in audio, audio is forming bullish pattern which is looking really good may be it is time for bulls handle the situation :)
The idea is that we can go for long in btc accoding to this analysis, liq is being created and now btc might go for the stoplosses and then to fill fvg. This is my personal opinion not a financial advise or any type of call!
Don't Panic It's just the Recession 2022. BTC is starting to go bearish from very first week of next month or anytime soon. Hope you clear all your positions & be patient. Wait for BTC to make it bottom and make an Entry. Grab your Golden Opportunity.
BTCUSD is looking short opportunity after having impulsive break at 23500 and now expecting to move to the downside at 17k
BTCUSD is looking for short opportunity after forming corrective formation & has potential move to the downside.
BTCUSD is looking for short and expecting to reach at 17K
BTC is going to have some boring time Price will Range for another 12 months till then no Moonshot Ranging Only
It has been observed that BTC normally correct somewhere around 75 to 85% from its resent high on a monthly time frame. Thus it is good time to build the opportunity.
ETHBTC: ETH Bullish than BTC? #ethbtc #eth #btc #bitcoin #crypto
#BTC Bearish Flag formation in 1D timeframe..!! So far, So Good but In Worst Case, If Flag Broken Downside, Expecting Bearish Wave towards the 14k. So Be Ready for Worst Case too ☹️
Bitcoin BTCUSD trend is now up, then down Bitcoin is overall preparing to back set go towards south zones on bigger picture's Elliot wave counts, but currently we are expecting very little counter pull back rally towards north near 22500 zones, there after we are assuming good fall again towards south directions. all the possible degree wave counts are shared...