Fake out on the side, but I still believe market is Looking bulish and we will going to see higher prices in next coming days also chain-link could reach 6 to $6.2 in upcoming days
If nothings going to happen in this political situation between Russian and Ukraine , link have potential to move to the upside and hit the target off 20 to 25 28 and 34
If nothing stings again with this political situation link could have a nice pump to Tue upside in this coming days and week . 22-25-28-34 area is on the way
Bitcoin is on descending burdening wedge and we have to choose the direction
In weekly tf we are technically in down trend and till we not break50 k for in this day I believe we are heading to meet 30 k area again. However I don’t see any all time high for bitcoin this years . Maybe 2024-25
I believe we will back to 0.05 again after hitting the target of falling wedge on lower tf which the technical target will be top line of triangle
The same pattern as my post on weekly tf I believe we will come back to visit 0.05 again
Vechain forming falling wedge on lower tf and had break it to the upside. The technical target of falling wedge is top line of descending triangle on weekly tf . I believe we will back one more time to visit 0.05 area before we head to the higher price
just a theory with little bit update #bitcoin let see if we are going to act as the 2018 _ 2019 bear market
just sharing idea . in the case we head another year or more to the bear market
i just figured out this chart . i am not saying will this happen but is not bad to look at it .
i have share this since last week in my telegram group
is this going to happen ? personally more believe on descending triangle. but anyways targets all the same ,
if vechain not being under pressure by bitcoin price we are going to retest last all time hight area or maybe making another new all time high . we should to stay above 0.23 in daily candle in order to move to the higher price
ASCENDING BROADENING WEDGE ( bearish pattern ) . LOOK LIKE VET HAVE TO HEAD DOWN AND TOUCH THE SUPORT LINE ON 0.05 AREA MAYBE TILL END OF APRIL OR EARLIER . WILL SEE IF SUPORT CAN HOLD. OR IF VET MAKE NEW ALL TIME HIGH and close above 0.108 and close daily candle SO THIS PATTERN IS NOT VALID ANYMORE .
are we going to retest strong resistance line one more time ? or we will head down to get more supoert
if we get rejected from this level and we close 4 hour candle bellow 53,500 that will be even more bearish for bitcoin