Hello Guys
In this chart i showed some retests in resistance zone
And right now we are going again to retest 1st Resistance and i hope Bitcoin successfully broke 1st Resistance with high Buying volume.
Always Remember when we broke any Support or Resistance we went high Buying/Selling volume for broke up.
I am expecting a small bull trap on 1st Resistance when...
In chart we can see a falling wedge chart pattern just formed and also it has breakouted. But consolidating in breakout area
risk riward ratio is 2.7 and its ggod enough for trade.
Taking a trade is totally yours choice. I am not saying to take trade but price target is good enough for trade.
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symmetrical triangle is forming , chould be break on upper side and sqeeze all shorts
This time shorts on Bitfinex reached all time high so we should careful.
Guys we saw a sudden dump in Bitcoin before 4 days ago, & even we can see a symmetrical triangle as well.
the target of symmetrical triangle id 25% and we saw that Symmetrical Triangle breakout in down side, so the real target should be -25%
Till now we achieved almost -20%, So to complate Symmetrical triangle Target we can see another bearish move
And it could...
Hello Guys
As you saw a clear ABCD pattern in BTCUSD chart it can turn into Bullish now
To see Bitcoin price in 6800$ we need to break 6000$ resistance first
Bitcoin can retest 5900$ - 6000$ resistance and we can see a small currection because if price shows some correction then Bitcoin short positions will open more then long positions.
And this is how whales...
Bitcoin has finally breaks 5800$ support level
most of traders can say that now bitcoin gonna 5400$ then 5100$ then 4800$ then 4450$ as well
But in my point of view i saw in my own eyes in BitMEX and BitFinex that shorts orders are opening and opening, longs are almost none
it chould be a fake breakout and i think 1D candle gonna close inside of Desending...
in Bitcoin chart we can see that a desending triangle gonna breakout soon
this triangle can make whole market from Bearish to Bullish
aggred with my idea?
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@SajjadProTrader
ETHUSD
A head & shoulder chart pattern just complated successfully in shorter time frame chart (15 min)
in this bearish market most of the chart patterns that makes price bullish are getting faill.
keep it mind guys
BCHUSD Bullish pannent chart pattern. In price chart of BitcoinCash BCH i am seeing a very strong Bullish pannent chart pattern in 1hour timeframe. If Bullish pannent chart pattern success then we can see BitcoinCash BCH to reaching 720$. In term of my view it can go 720$ before it's Hardfork. Rest is yours choice.
