Nitcoin
Bitcoin technical analysisAccording to Elliott Wave Theory, bitcoin is in an "irregular flat" correction, the C-wave of which is being completed.
In terms of price action, however, we have a significant support in the $ 40,000 area, the loss of which is the activation of the head-shoulder pattern trigger. This model has the potential to drop in price to $ 29,000.
BTC Bear SignalIt's so dangerous for Bitcoin if price will broken Ema 50 and Neckline Of H&S Pattern.
In Weekly we can see Negative Cross Between the KijunSen and TenkanSen.
in daily we can see Death Cross (negative cross between MA or Ema 50 & 200).
Bear signals dominate the market.
Only bullish Signal is OS of Rsi and other oscillator in Weekly and Daily.
DXY (Dollar Index) Is so Bullish and that means it bitcoin and other Market (like gold, Currency, Stock) Maybe decrease.
If the 28-29k support is broken, the market may be completely bearish.
I think Every Increase Is Chance to Save Profit or Loss reduction.
so BE CARFUL
be carful and set your Stop Loss... Do NOT FORGET SET YOR STOP LOSS
ADA POSSIBLE ALL TIME HIGH BREAKCardano/ADA going to test all-time high. broke out of the formation and retested it after closing an hourly above. trade target is shown in the video which will be achieved after breaking the all-time high. possible cup and handle formation forming aswell.
All info and targets have been shown in the chart
Short term breakout chart:
Cup and handle target(if the pattern is completed):
Moral of the story. Always buy the dip!!!if it goes wrong just delete the app