BTC looking to create HL in 15TF after rejecting 56100~56300 area in 1HR. Note: always wait for the evidence and confirmation candle before entering a trade and always set your SL.
Multi timeframe Support & Resistant DO YOUR OWN RESEARCH NFA Goodluck yall!
(I'm reposting this because I just got hit with the house rules, didn't know that I can't put donation info which was considered as advertising.) Eventually I drew this chart and predictions on 3rd Sept 2021 and hasn't changed except for horizontal lines for support n resistance, so this is kinda like a throwback. To prove this, I have the tradingview link/image...
its a perfect Elliott wave No one is talking about this Wait And Watch
Just Head and Shoulders If beak it will take a retest and goes again up not proper research only experience based call NFA
According to the history of 10 years chart of the BTC I think we will face the side market in years ahead. also the new low price could be around 10,700-11,000
Possible pullback or a long period of consolidation will occur in the coming weeks. If BTC breaks previous high, pattern will be invalidate.
Based on the MACD indicator, the signal line haven't even cross each other yet forming a possible bearish cross. This time it may be a bigger and deeper correction than what we have seen on yesterday. Unless there is a sudden large volume pumping up the buying pressure, I am waiting for a dip to buy! I will update if any reversal move is playing out, thanks.
XRP may be revisiting $1.45 as it is in a downtrend channel for the past 2 days after reaching a price of $1.76. Breakout from the downtrend channel will gives a short term target of $1.71 and it will start to hunt its previous high of $1.96!
If the inverse head and shoulder breakout did not play out, a M pattern will be the next move which will bring us down to around 53k where it will find support, if not, it will find support at around 48k.
Chilliz has been long consolidating for 20 days, Bollinger Band is squeezing now and this indicates an impulsive move to the upside or down side. Most likely it will shoot to the upside based on the current MACD indication. Possible inverse H&S unfolding will gives us a target price of around $0.8. Not financial advice.
Enter near support area for a 2.28% long trade with 7.1 risk reward ratio. Trade at your own risk
Buy at support and exit at resistance. Exit trade it support breaks. 7% long if BTC dont dump. Trade at your own risk.
If low buying pressure still persist, the head and shoulder pattern indication will bring us back down to 47k+ price point. To invalidate this, the price should break the head.