This is based on the Elliott Wave Theory. The current structure can be assumed as a triangle due to internal ABC formations. This suggests that the price would remain bullish from the current levels.
Bitcoin BTC shrinks the triangular trend line. Bitcoin has not yet broken through the downward red trend line. It is resistance in the short term. Under normal circumstances, it will fall back to the lower blue line or green line. Even if it breaks through the upper red and pink trend line later, it will step back on this line The two lines, seen below the lower...
Recently brokes Trendline In Daily Tf Now Forming Bulish Flag Chart Pattern Incase of Breakout Expecting 150% BuLIsh Wave
Bitcoin gave a Biggest Range Breakout but sudden fallback also..,,so is this False Breakout or small retrecemnt and after this, Can we see a Big UP Rally???? KEEP AN EYE ON IT…..!!!!
creating a base just below strong resistance .. can be a good buy abv 1.05 and good for investing also
#BTC UPDATE Convered Last High Liquidity. Planning to kiss previous Support.
The world’s largest cryptocurrency has maintained its positive momentum since the start of the year and generated approximately 36.83% YTD returns. On the chart, two areas are marked representing the resistance zone and sustainability zone, respectively. The current price action of BTC suggests that it will be targeting a positive breakout above the resistance...
possible breakout of polkadot thick trendline is weekly trendline
COIN NAME: JASMY PAIR-USDT EXCHANGE : ANY STRENGTH: It is At Demand Zone Strong Fundamentals Good Mark Cap Buy: 0.0240 to 0.0260 T1- 0.0352 T2- 0.0450 T3- 0.0545 T4- 0.0636 SL - 0.0230 or HOLD Targets depend on BTC movement, Never forget that the Crypto market will change according to the BTC. Keep SL if you don't want to hold but not required for the Spot...
BTC Bearish-Elliott Wave Theory-Bearish Impulsive Wave
The idea is based on the Elliott Wave Theory. It suggests that the correction cycle may be over and the next bullish cycle could begin from here.
BTCUSD is looking for short, expecting TG to reach at 22600$
$BTC #BTC As expected $23,479 support came in effect, 1D failed to follow up bullish engulfing closing bearish. $23,479 testing as of now, needs to hold above $23K to retest $24,129. Continue watching given S/R.
BTC is looking good with DXY rejection from resistance level just before the weekend. It can pump to 24.4K over the weekend
$BTC #BTC Failed to follow thru on bullish engulfing from Sunday, put bearish engulfing on last 1D close, $22,750 support tested and currently in effect. Current support at risk, next support to watch $22,379, $21,791. Continue watching S/R
Our first TP hit trail till Reach as we discuss, move the sl in profit zone if you taken 10x lev.
Wyckoff Accumulation Schematics 2 in process Let me be clear that Bitcoin is traded in 3 major exchanges and other minor exchanges over 100.. So volumes might be a little different in this pattern though they are close to the schematic rules Do not take or enter a trade untill the pattern is broken like shown in the Chart If the Accumulation pattern fails...
Bitcoin continued its positive momentum in the past week as the YTD gain reached approximately 40%. On the Fibonacci retracement table, BTC price level had entered the resistance zone which is above 0.786 FIB level. Considering the technical indicators, Bollinger bands has contracted its width which suggests a potential consolidation or profit-booking momentum....