In the upward trend of bitcoin, we have a main channel that is moving after the price correction in this major channel. And in the current trend, the price is fluctuating in a minor channel. Due to the proximity of the price to the ceiling of the major and minor canals and the resistance of its historic roof, as well as the resistance of Fibo 1.618 in the range of...
It is on an ascending channel in weekly timeframe. It is now on the bottom of the channel. In case of consolidation and failure of your ATH, in the range of $ 52, which is almost available in the MIDLINE CHANNEL. The channel is expected to rise to $ 122. If we draw in the weekly TREND - BASED FIB time frame, there is a $ 122 resistance range of 4.226...
In the four-hour time frame, the flag pattern was raised, and with the arrival of good volume and strong defeats, one expects to climb as much as the flagpole. The first target is in the $ 3 range
In the event of a break of the $ 5.5 resistance, which is the resistance of 1 Fibonacci and the Kijonsen Flat line, Double-Top is stabilized and I expect it to fall to the range of $ 4.5. If we draw from the previous Fibonacci wave, the $ 4.5 range is at 1,618 Fibonacci, as well as the previous classic resistance of this currency in the previous uptrend. Of...
The important resistance of 1.618 Fibonacci is broken and with a suitable volume, the 200-day moving average is also waiting for the break if the break is fixed. Expect an increase to 2.618 Fibonacci, which is in the range of 50 units. It does not seem to be a good time to enter the Altcoins.
In the Bitcoin Chart update, at first glance, we see Bitcoin involved in a major uptrend channel. And in the minor bitcoin channel it seems to be horizontal correction in a rectangle. If the rectangle fails, a trend change is formed on either side. Due to the proximity of the Kijonsen to Tennenson line and the deformation of the "from smooth to ascending" and the...
The second wave worked well and the third wave was climbing to seem to have a uniform increase to ATH, and the fifth wave expanded and deep deep correction after wave formation.
We have a bullish wedge pattern, and if it breaks from the bullish resistance, it is likely to be in the range of $ 481.
We have a main channel and in this channel we had a minor down channel that worked well. If the canal floor is properly supported, I expect the flag pattern to form and the major channel to increase to the size of the flagpole, so I expect an increase of up to $ 60k.
We had two trend lines, one of which broke and the other of which supported the fall well. If we pull back from the previous uptrend of a Fibonacci, we find that the price at Fibo 1.618 is well supported and the buying pressure is relatively better and the candlesticks are gradually moving away from Fibonacci. I drew a support range inside the rectangle which I...
The daily and weekly downtrend line is broken with a good volume. Due to the high compression, I expect to increase easily with weak pullbacks and break the resistors before changing the trend. The Kijonsen and Tenxen lines, given their high slope alignment and the possible failure of the powerful Como cloud, are likely to increase the chart to the $ 46- $ 47...
In the half-hour time frame, we see the formation of the flag pattern in a horizontal price break. In case of failure of the rectangle from above, it is expected to increase the size of the flagpole in the range of $ 60,000, and in case of failure from the bottom, the price correction is likely to be in the range of $ 50,000.
In the four-hour timeframe, the chart incorporates a rectangular pattern. In case of failure from above in the first stage, we expect the ascent as much as the rectangle. If the rectangle breaks, the flag pattern is formed and the ascent in the second stage is the size of the flagpole. If we draw on the last TREND-BASED FIB wave in the channel, we will see a...
Then a rapid price increase was waiting for a correction. Fortunately, we see horizontal correction in the form of a triangle. In the chart we are at the price conflict between resistance and support 1 and 1.618 Fibonacci. To continue the trend, in the first stage, wait for the defeat of the triangle and then the resistance of 1.618 Fibonacci. And if growth is...
In the diagram, the candelas are involved in a triangular pattern that has worked well so far. I make my purchase step by step and set my loss limit at around $ 31. If we draw a TREND-BASED Fibo from the last wave formed, we can well see the important resistance of the trend. If the triangle breaks up, the price is expected to rise as much as the base of the...
Yesterday, fortunately, with a suitable volume, the downtrend line was broken and we saw a pullback to it in the four-hour time frame. Due to the formation of a new uptrend, I pulled a TREND-Based Fib at the beginning of the trend and as it can be seen in the picture, it worked well. Due to the formation of Doji on the support of 1 Fibo and the good support of the...
In case of successful failure, a rectangular pattern is formed. Waiting for the formation of the flag pattern and the end of the horizontal correction increases the price. With the break of the heavy resistance of $ 48,500, the price is expected to increase to the range of 52,500. In the range of $ 52,500, the resistance is 2,618 Fibonacci and the end of the flag...
In the daily time frame, we see the formation of a descending head and shoulder pattern. If the neckline breaks and the probability of falling as much as the head is stabilized. Expect a drop to $ 0.049 as the weekly support point of the weekly pivot, 1.618 Fibonacci and the head-to-shoulder pattern target. Personally, I hope this does not happen.