Would continue my previous two posts,bitcoin price now in phase(C)what we know about this phase??? Phase C: During phase C, spring (shakeout)the price below the support level of the trading range quickly reverses and moves back into the trading range.You can consider spring as a period of the coin below the support zone to attract traders and investors.Its a...
As i mentiod in previos post (bitcoin price in accumulation zone) its moved for second time from support to resistance.I expect the movemont to support again.
Accumulation schematics by Wyckoff represents a primary model for accumulation(coin collection).it works to represent and examine the accumulation process.Besides,accumulation schematics also provide important phases to guide us through the trading position. Phase A: Indicates the pause of the downtrend(trading range).Till this point,supply remains dominat,which...
Bitcoin price walking in bearish channel..and price was rejected twice(Fibo levels)..head and shoulder pattern which i mentiod in the previos post still valid,bcz the price did not go higher than right shoulder(63 800$)
As we see on bitcoin chart(Head And Shoulders pattern)If price break neckline will go down.
As we see on bitcoin chart(Head And Shoulders Pattern),if price break and close below neckline..Then i expect to go down to 53500-54000$*area.
We have(W pattern)on daily chart..Bitcoin dominanmce will go higher,altcoins already in red.
Bitcoin price walking in rising wedge..and i see bearish divergence on chart..my finger want to push(short)but my mind said wait man:)
I think after this huge pump to(Fibonacci 0.618)the price will go down.its happened in may 2021 when the price rejected from This level..in my opinion will be the same thing now.
Bullish Flag Pattern on bitcoin chart..i think the price will go to target in next days.
Bitcoin price remains high..and we have seen a slightly higher move..but keep in mind that we are still at the stronger resistance zone(Fibonacci 61.8%),from where we may see sharp impulsive reversal down,and complete wave,that can accur any time soon.
bitcoin price met Rejection(fibonacci 0,618),i think will drop down from this level.
i think bitcoin price will drop down to 44 000$(fibonacci 1.618).
Trading price extensions in 3-wave patterns,using price action and the fibonacci 1.618 level.the aim is to trade price action that takes place in the third wave of a 3-waves pattern.
The second target for this falling 46 500$,(fibonacci level 0,618)
Bitcoin price formed(Rising wedge)bearish pattern..and now the price breakout,also we have many bearish divergences on 4 hourly and daily chart,i think will be big correction.