LanaFL

LanaFL Updated 

Hi, guys! BTC continues to fall, and now we have two bearish patterns: H&S and Symmetrical Triangle. The target of H&S is around 6k while the target of the triangle is 4800. See my previous chart for more information.

LanaFL

As you can see, we are right on the edge of two paths. BTC 2.38% may find a support between $965 and $6856(green zone) and hard resistance will be between 7100 and ∞ accordingly.

LanaFL

On 1H BTC chart two bearish patterns: Bearish Flag or H&S Likely 6500 soon //This information is not a recommendation to buy or sell. It is to be used for educational purposes only//

LanaFL Updated 

The time has come. BTC Daily RSI under 30, the target achieved, and we have a really large falling wedge. I'm scaling, and the large portion already bought. If you want to be really safe, wait for confirmation.

LanaFL Updated 

BTC has many bearish patterns and their targets at 8.1k, 7.6 and 6.5(more likely 6.7). I expect that every area around this targets will have a little bounce, opening an opportunity for scalpers. However, 6.7k- 7k should be the last destination(1D RSI ~30) before a new rally. If for any reason it will be breached and 5.9 not going to hold, I expect it to dip all...

LanaFL Updated 

We reached 1st and 2nd targets, but never see a bottom or oversold conditions. I think we should visit 30RSI on daily and launch up. Most likely it will be a trendline that we made with recent bottoms ~ 6.5 - 7. Looking at 1H RSI, most likely we will see a wave 5, but it 0.382 Fib will be breached, we may go straight to the target Trade only at your own risk....

LanaFL Updated 

Although most of the traders were bullish, and keep posting bullish charts, BTC painted a rising wedge(yellow lines) and we successfully broke it. Rising wedges tend to come back to the base, so I expecting wave 5 and double-bottom before the real launch Sorry for the delay. As you can see, I posted this rising wedge before it's got broken on Twitter and forgot...

LanaFL Updated 

**Update: We had exact same wedge right before this one(yellow lines from 8600 to 9800 and down to 7800 ~March 11-13 ), and now it's painting a bearish a flag. 8500 area has a lot to tell. Watch it closely. GL Although most of the traders were bullish, and keep posting bullish charts, BTC 0.50% painted a rising wedge (yellow lines) and we successfully broke it....

LanaFL Updated 

BTC made something right between Double Top and H&S. Violet line will be a sell signal for me. If you expecting inv H&S, watch 0.38 fib but this scenario will be not easy to accomplish. If you noticed, right shoulder/top is little lower than previous and we were able to connect all three points making a perfect top of the channel. The target of this H&S/DT is...

LanaFL Updated 

Quick update on BTC: We have a falling wedge on 1H chart. I expecting some FOMO run eventually. Scalpers welcome

LanaFL Updated 

Same as with LTC's huge H&S that I posted yesterday, BTC formed H&S and approaching a neckline. The target... Let's don't even think about it. Look at my previous charts, and notice a green support line around 6.9-7k - this is a neckline. If it will be breached, things may turn very nasty. If you are a HODLer, please, rethink your strategy

LanaFL

Seems like LTC drew a HUGE H&S on the daily chart, and the target is mid $40. We are right at the neckline, and surprisingly(no) LitePay which caused a major FOMO run recently, was officially shut down this morning. Be careful, don't become a "HODLer"

LanaFL

Green area is a sweet spot. I expect a V-shaped double bottom and rally up. If we will break punctured green line, I think it will turn nasty, and I'm not going to be surprised to see 3.5k

LanaFL

As you can see, yesterday we crossed the neckline of H&S, today we crossed Double Top's neckline. Anything under 9k will bring it to the hell - at least to 7.6k and if the Double top will be executed in full power 6k-6.5k or lower). If you think that it will bounce before 20RSI on daily - you are extremely optimistic. GL, boys!

LanaFL

Large H&S on BTC and most of Alts! Whatch out!

LanaFL

When many promising a moon in near future, nobody wants to mention H&Ss that we can see in almost every single coin. And the necklines is here. This chart shows only Etherum, but you can try LTC and many other and will figure out that they forming same patterns. Drop just speeds up

LanaFL

Hi, guys! Here is my update on BITFINEX:BTCUSD . We are at the critical point and have two H&S patterns on the chart. Inverted large, and small regular H&S. To confirm large inverted H&S we need to break a heavy resistance(Black line) and go through the Ichi cloud somehow. However, even if inverted H&S will rake a neckline, to be considered bullish ...

LanaFL

Ok, guys! Here is the larger image of BTC's chart. We are still in the downtrend channel and just hit the upper line. I hope you enjoyed this ride and shorted your position on time. My previous target 4.9k-5.1k is still on the place. P.S.: Thanks for subscriptions and likes! I really didn't expected so much attention! I apriciate that!