blur ---> a downward possibilityhello guys...
before a new higher high, it made an engulf that I show it, it has been formed on the head of head and shoulders pattern,
after that, it touched the target of the pattern however, it made a pin bar on the last higher high and confirmed it was just a hunt!
now there are two scenarios:
* the first one is to start a downward move from here.
* the second one is the price is going to hunt the pin bar and after that will going to downward to touch the target I have shown!
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always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Engulf
bnb experience a downward movement!hello guys...
BNB BINANCE:BNBUSDT engulfed the last kink and in my opinion, it will reach the lower level very soon.
there are two levels where you can get a short position
here and an upper level that I show as a red area.
but don't forget to put your stop loss upper than the line I draw it.
always do your own research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comments.
ANOTHER CHANCE TO SHORT SANDUSDTHELLO GUYS!!!
in my opinion sand still has bearish trend and that gray zone that I mentioned as "best entry level" it's great for entry but if you missed that that is fine you can get another short position like what I recommend on the charts!
best luck
thank you for you attention please like and follow!
#bitcoin - 3D Overview Good morning guys,
first of all a very happy new year 2020 to all of you, I hope you are going to have a healthy, blessed, joyful and successful year and will achieve your personal goals.
My holiday is over as well. Over the next days we will have a look at different assets on different time frames to get a better overview of things happening.
We are starting off with Bitcoin on the 3D interval.
With an oversold Bitcoin mid December and a channel bottom line bounce (Daily Downtrend Channel), we received a potential long-entry by forming out a proper bullish engulf on 3D and recently also on the Daily.
For now, also a key-level above $7k seems broken. So big question, are we totally bullish just yet? Sadly the answer is still no.
I have pointed out a couple of times that the new Pivots Quarterly and Yearly will be very similar and together with the key-level been forming since June 2019 building a massive massive resistance zone between $7.700 and $8200 roughly.
As long as this is not broken with proper volume increase (or at least afterwards), the picture remains very unstable in terms of possible drops.
This is a danger-zone and January is famous for bigger drops consecutively. (Obviously history does not have to repeat)
As usual I marked important levels.
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Neru