According to me market might retest its resistance level 92,000-93,000 then market will complete it's double top pattern, which will endup on retesting its Support level 68,000 after that market may show a NEW HIGH.
As of now market is really slow... Why? As the History of BTC shows that market never formed a new high with out retesting its Support or previous Resistance level, as in 2020 market break its Resistance level which was 19,000 and market formed a new high in 2021 which was 68,000 after that market didn't formed a new high until it retested its last support level...
Here i can see the best spot opportunity in RUNEUSDT as it is now on it's most important support level as it respect it's Support level it may show some good rally.
As i can see in weekly chart that if DOT respect it's Support level, it may fly. As shown in chart.
As i can see in a Weekly chart that the ETH has broken it's triangle pattern, and right now struggling to break its imp level 1,900 if EHT closes this week's candle under 1,900, so after retest it may show 1,200...
As of now according to weekly chart i can see that the Market is on that resistance level of its channel, so what i think here is that the Market will goes according to its history, probability is market will retest 50 MA and will show the new high, after that it will move towards channel's support level. So According to me, its the best time to be Bullish, or...
As of now according to weekly chart i can see that the Market is on that resistance level of its channel, so what i think here is that the Market will goes according to its history, probability is market will retest 50 MA and will show the new high, after that it will move towards channel's support level. So According to me, its the best time to be Bullish, or...
As of now i can see here in 1D chart market has broke its FIB level (0.236) 87,500$ , so there is a high probability that it may touch its next level which is (0.382) 73,750$ after its retest (91,000$ - 87,000$) region. After that market may show a NEW HIGH, but for that it should respect its next level (0.382) 73,750$. Which is also it's weekly Support...
I can see in this weekly chart that if BTC didn't respects it's Support level 93k-91k, it might show 75k as a retest performing double Top pattern, then we can start going Bullish if it don't break 75k... After that market may show 120k to 125k. But if market don't respect 75k, it might go further down.
I can see in this weekly chart that if BTC didn't respects it's Support level 93k-91k, it might show 75k as a retest performing double Top pattern, then we can start going Bullish if it don't break 75k... After that market may show 120k to 125k. But if market don't respect 75k, it might go further down.
Here is the both side of story market may show, 93,000-91,800 is the most important support level here... Not lets see if market breaks it or respects it.
Here i can see 91,800 as a strong Support level, if market breaks it, support level will work as a Neck line of H&S structure and after the clear retest of 91,800 market may show 73,000.
Here i can see the formation of corrective wave after an impulsive wave. BTC may restest its support level that's 76,000
This time BTC is little confusing... It has to complete its weekly bull flag pattern target, but now its performing bearish flag pattern on 4hr chart. This thows that soon BTC will come to retest its support level of 72,000. Right now there are two possiblity that it can break the channel or it will continue the channel.
If BTC respects its 95,000-92,500 area which is its resistance area then it may perform double top pattern. 1st Tp:85,000 2nd Tp: 81,500 3rd Tp: 76,800 4th Tp: 73,200 Stop Loss will be at 94,500
If BTC break its support level (89,800) it may perform double top tactically. If it perform double top then it's targets will be: 1st Tp: 81,800 2nd Tp: 77,000 3rd Tp: 72,800
As highlighted in last "Idea" This candle looks good for long position.
This may look positive, but the time is really sensitive, current situation of Market depends on current weekly candle.