HI GUYS
BTC/USD POST
HERE I M ANALYSE THIS DAILY CHART OF BTC WILL CORRECTION IS OVER OF 4 WAVE (ABC) . 13100 ABOVE WAVE 5 WILL START NEXT Target SEEN A NEAREST PREVIOUS HIGH
THANKS
BTC/USD has completed the bearish crab pattern. As per the rules of the crab pattern, the trend of BTC/USD started to fall because it's a bearish crab. But it's suggested to sell near the D point. It will fall up to the targets 12972.35 - 12087.10 - 11465.31 . But as it's crab pattern, there is a possibility of a pullback. If it starts to rise, DO NOT SELL .
BTC/USD - Short Call
CMP 16113
TARGET 12775.
1) Price below 30 ema in 4 hour chart
2) Price breaks support at 16115 with above average vols.
3) Downward breakdown after a flag pattern signifies BTC an ideal candidate to short.
BTC / USD
CMP 17450.
Target 19200 plus.
Stop 16200.
1) Cup and Handle formation observed in 4 hour chart.
2) All HTF MAs sloping upwards
3) Bullish continuation pattern with breakout post C&H formation.
Local price consolidation in bitcoin ended with impulse decrease. The only thing that provides confusion - is the pessimism of investors about the market. So the situation looks ambiguous: the technique says about the decrease, while the mood increases the probability of growth. Therefore, we should wait for local movements, which may give additional signals about...
BTC/USD Chart for next few days
1. Daily chart forming an upward triangle pattern
2. In 1 hr timeframe, we can see rejection of 40000 level.
3. Plan buy only if it closes above 40000 level
3.1. Sell at 42k level
3.2. Sell at 45k level
4. Sell if it breaks upward wedge pattern.
BTC USD Chart level for next few days.
1. The market is currently in no-trade zone.
2. Current prices are at support level. However, it has rejected the 40,000 levels.
3. Possibly, squeeze is going on. If is breaks green support level, we can be bearish.
4. If it breaks 40,000 level, we can be bullish.
