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4h

BTCUSDTBitcoin triangle failure As you can see, Bitcoin has formed a triangular pattern in the past week, which makes the future trend of Bitcoin more likely in two ways. 1- If the downward triangle breaks, the trend enters the support and resistance zone, which has the power to hold the trend for a few days and prevent bitcoin from falling sharply. 2- If the upward triangle pattern is broken, Bitcoin will try to touch its price ceiling again, and if it crosses it, we can expect to reach the record of 65,000. Of course, the presence of several components, including a strong support zone consisting of Fibonacci lines, moving averages, the middle line of the current Bitcoin channel, as well as the collective expectation and greater participation of investors at this time can push the market up. In my opinion, the probability of failure is higher. what is your opinion?
by Technoarz
3
On the edge of the trend lineScenario 1 : Bitcoin price is on the edge of the trend line. As buying volume slowly lose momentum and longs positions are falling too.I expect that trend line will broke and price will hit at least one of the two FIBO levels which show us zone of support 52.400, here i set buy 60% of position because this price also in the past act as resistance.Next stop is 50.200 for 40% position. RSI also aim for the zone lower to 35,which too act as support zone. Plus take a look on daily candle :D Scenario 2 : trend line will hold and price will go higher. In this case i will go long with small position of 30% but ONLY IF 4H WILL CLOSE ABOVE FIBO zone at price 54.650 . STOP LOSS 53.750. So for now i wait what charts and news will show us. For more information you are welcome to comment or send message and if i will know i will answer :D
BITSTAMP:BTCUSD
by Exly11
3
CHRUSDTCHR / USDT 4H The "chromia" currency has had a relatively good upward trend in recent days. As you can see in the chart, "Chr" forms a channel in the 4-hour candlestick, so it has two trends according to the market. 1- The downward trend and breaking the channel floor and correcting the price up to Fibo 61 and Near Ichimoku cloud support range, which is very unlikely 2- The upward trend, which, although it has an obstacle in its path, but its occurrence rate is higher and we can expect the price to rise to the range of 0.9.
by Technoarz
10
BTCUSDTBTC / USDT 4H Last month, Bitcoin broke its channel but failed to stabilize above the channel, setting a price record of 58,200 and returning to its former channel, hitting a support range that is the middle line of the channel, causing the trend to rise again. Be. Now, breaking the channel ceiling again, everyone hoped that Bitcoin could establish itself above the channel this time and achieve higher goals. So if Bitcoin continues to do so, the 64,000 and 67,000 ranges are expected.
by Technoarz
11
S&P 500, SPX, (4H) (1D) Act on opening bell SPX in 4H seem to have found a new trend towards 4000P, but its tight and could quickly fall of at around 3985/3900 to create a "head and shoulder pattern" which is usually bearish. If it hits roof at open on monday im expecting another pullback to 3700 and best case it continues the trend up with a bottom at 3830. SPX in 1D seems to have hit the roof already, pointing it towards a bit of a down day on monday. In conclusion, everything points towards another bearish day, but lets not forget the third round of stimulus check. Buy or sell on news?
TVC:SPX
by Oerhortbegovad
2
BITCOIN Ascending TriangleI've made myself few rules for trading Triangles. 1. Horizontal Line that touches at least two points 2. Trend Line touches at least two points and intersect with horizontal line 3.Draw a Fibonacci Retracement from top to bottom of the Triangle Entrance rules Before triangle breakout, price must retrace between .236 and .382. Target is distance from top to bottom of the triangle added to the breakout. In this case about 9100 With stop loss slightly bellow most recent swing low. Hopefully this information is useful.
BITMEX:BTCUSD.PLong
by CryptoTrendFollower