Btc current scenario.. We have broken out from Range and currently trading above 47,100...
If you have a look at BINANCE:ETHBTC pair then you can clearly see that we are about to have a Golden Cross in rsi in Daily Tf.. If this happens then would fly soon... What do you think about this scenario??
Cfx, A chinese narrative token, is currently sitting on 0.618 level on fibonacci... What do you think Will it give a god candle soon??
Bitcoin is at 42.8k and still trading within the premises of BULL FLAG pattern... Which in my opinion is a good range to trade but we may see some volatility hitting market soon maybe in the upcoming days or weeks... What do you think will BTC touch that lower zone? Which is around 34-36k zone Drop your opinion below.. I will read all
Bitcoin has formed an inverse head and shoulder... And is currently in a play What do you think will it break upward and touch some highs, or it will go down and will break 40k? Drop your opinion in Comments...
First it drops then ( Green Phase ): Move higher and higher to cover some last candles of drop (But this high will not touch halfway of dip) Then ( RED phase ): those high are now going to become lows with same resistance and support levels And when price action reaches the same level that we bottom of previous drop; another Drop starts 😉
Eth has now broken trendline and is being retested at trendline if this is sucessful retest then we will see a major correction of BINANCE:ETHUSD and I expect these zones to be tapped - 2132 - 2050 - 2000 If any one of these is tapped then i will start buying my eth for long term
By looking at chart we came to know that BTC has grabbed Upper Liquidity by tapping 49k and after that BTC dropped and grabbed lower levels at 38569 zone Now its clear BTC will move in this flag range as we have a broken and retested Inverse Head and Shoulder pattern which could lead to 46-47k area
Looks like we will touch some new highs soon | Probably new ATH of 2024 in Feb or April 🤷♂️.. On chart we have: • Lower Wick (Weekly). • Bull Flag Pattern (About to burst soon). • Inverted Head and Shoulder Pattern in 8h and 4h tf. This whole scenario was performed in MAR'23 and I believe this will play out soon..