BTC is in the formation of making bearish bat pattern. This is the most possible next move of BTC.
It might create an inverse head and shoulder pattern and and I have marked the possible next move of the market.
BTC is in the corrective wave of Impulsive waves. This is the most possible next move of the market.
This is the possible next move of the market, that it might trap, then a fear move down and again a bull trap move to the upside and then again a massive dump will come.
Broke down descending triangle and it's time to short ATOM.
As per EWT and by checking from different angles this might be the next move of the market. Take long trade after breakout of the trendline.
Currently it is facing high resistance and here market will do a small upward move to liquidate all short position and also will do a breakout trap. Then we will see a wave down as per mentioned in the chart. After that an impulsive move will come up to $50K level to do a bull trap and then again 1 more leg down below $30K as mentioned in the chart. So this is the...
We are in a down trend, have to wait for the confirm breakout.
It is forming falling wedge pattern and we have to wait for a breakout to confirm it's upward move.
I have marked the next move of BTC and hopefully this is the next move.
Btc has broken down the rising wedge and currently looking very weak after seeing from different angles. 59.5K is a main key level for BTC and it breaks down that marked support then our next main level is 56K. Ichimoku cloud support is at the level of 58.5K. Btc also making a bearish flag. Currently we are in an indecision structure after breakdown as bears...
The price is currently above a very strong support with EMA200. POC level resistance is at 2.185 Price is also continuously rejecting from the symmetrical triangle resistance It will pump hard after the breakout 🔥💵🚀 Keep an eye on the breakout for perfect entry.
It has done a breakout or cup and handle pattern, Inverse Head and Shoulder where EMA'S are also acting like a strong support and we can expect a good bullish move upward after the successful retest.
As we are in the lower lows and market is volatile so we have to keep in mind the major support and key levels at that moment which are currently acting as strong demand and supply zones. The marked key support levels are best for buying and in case they will breakdown we will go into a danger zone and face correction in the marked as this strong demand zone will...
head and shoulder and descending triangle breakdown Currently holding above EMA 89 If it breaks EMA89 we will see a further drop in the price of SO
The price is currently consolidating in a symmetrical triangle and staying above EMA 21 , 55 and 89. MACD is showing signs of weak bearish momentum but still we have to wait for breakout or breakdown, which would be confirmed by further price action
As we have seen a good gain in BTC after bullish divergence and currently the price is trying to break the channel and EMA'S resistance while retesting at the support and looking in a good bullish momentum If it successfully breakout we will see a good gain in BTC and ALTS. This is the current short term update for BTCUSDT.
BTC is going down level by level by making lower lows