Is Bitcoin on another bearish flag?Bitcoin, currently forming another bearish flag. Will it go down further?
Bitcoin-trade
Bitcoin LONG to 49900TA says that BTC can go up to at least 49620.
Lower Range broken and next movement maybe is to upper zone of the big range.
Price is getting support on last resistance Range and confluence with 55 EMA
Target Confluence zone top of the range and 66.70 Fibo.
Trade Safe, use Stop Loss.
Regards.
Eng. Alexa
BTCUSDT update Due to price action, BTC breaks it's trend line successfully.
Next target is 45600_45500.
BTCUSDT, updateIt's my personal standpoint about BTCUSDT and also a new update.
First Long to 49.8k and then short.
BTCUSDTWe have a trading node at the price from 48,000 to 52,000
There is likely to be a deep reaction in the chart that can be purchased at specified entries.
If we have a close over 52,000 in daily timeframe
We can safely consider the trend to be upward
BTC in rising wedgeBTC formed a rising wedge, bearish pattern that tends to break down... Watch your long trades,,,
Potential Bitcoin Breakout Hello Traders,
1.) To begin with, bitcoin has been trading inside this falling wedge pattern, which is typically considers a bullish pattern. The next 4-hour candle could decide the potential breakout.
2.) The SMI indicator shows a cross in undervalued territory, indicating a potential reversal.
3.) The MACD shows a bullish divergence
Counterpoint: No increasing volume, this could mean a fakeout, so beware.
No financial advice, cheers.
Bitcoin makes surprise. Again.Hey!
I marked 4 waves, but price still keep. But I expected - fall.
If price updates local hight price - it means wrong Elliott drawing.
So, It could be Long to 40k+
BINANCE:BTCUSDTPERP
Incredibble ElliottHey, before I had a problem with 4th - 5th waves.I didn't find solution, how to draw 5 sub waves(4H TimeFrame) in global 4th wave(D TimeFrame)
But then I draw a channel on Day TimeFrame. And Elliott looks perfect.So, If the price wont increase local higher price - - it means Short position for me. BINANCE:BTCUSDTPERP
BTCUSDT Price Analysis (4h)The price is placed in a triangle pattern and if it crosses the triangle and the marked yellow lines, it becomes a position long or short .The triangle pattern is a corrective pattern and the reason for its formation is the existence of ambiguity in the market and sometimes it can move in the opposite direction of the previous trend. So we wait for the triangle pattern to break. (Horizontal white lines are drawn based on Price Action and we can wait for the price reaction to them) . BINANCE:BTCUSDT
One last 30.000 try for BTC then over 50.000 USDTBitcoin is still below the 200 days MA. And it could not break the falling trend. Do not panic. I expect it to go over 48.000 till the first week of june.
#AVAX Avalanche long trade possibility#AVAX #BTC pair and #USDT pair looking strong. If BTC move sideways and don't mess up then we might see a breakout and upward move from AVAX. Worth watching this.
Is Bitcoin on a verge of Crash?Bitcoin Top down Analysis. Price is still bullish in Monthly Time frame But it may come down a bit for weekly Demand area and turn back again Bullish
FLMUSDT Flamingo trade possibilityFLM is still inside uptrend. Adding bag here for good potential return
Alphausdtalpha break the correction lane and complete pullback now
fibo time show us after a hug upside move a correction made then it back and make a new high
every upside movement more than 700% profit so i think it can do it again .
Like and comment if you agree with me
