SOL will breakout and head towards our targets @ 120$ & 140$
You can see at ATOMBTC chart it's about to hit the trendline / support area. You can also see at ATOMUSDT an ascending triangle forming an breakout.
On Bitcoin's 4-hour timeline, given that RSI is approaching overbought territory and that 38500 resistance is considered heavy resistance, I expect Bitcoin to fall to 36400
The Head and shoulders pattern is considered one of the most reliable trend reversal patterns. Previous idea 2022: With chart
Ascending triangle usually breaks upwards, thought there is a lot uncertainty in the market as bitcoin is BOOMING! If we break upwards my target would be around 107
falling wedge pattern occurs when the asset's price is moving in an overall bullish trend before the price action corrects lower.
waiting for a breakout. We are watching an possible ascending triangle on the 4h chart. TP around 210$ if breakout.
We could be looking at 120$ retest, could be seeing an good drop here back to 80-100$ area. In my previous ideas I talked about how ABNB will have it's downfall by the end of 2023, it'll high likely still happen as the current pumping is likely because of good news for the market but it's not long term good.
Could be looking for +-14% drop in price after confirmation. Descending triangles are a bearish formation that anticipates a downside breakout. Symmetrical triangles, where price action grows increasingly narrow.
So whats the next big move for $BTC? I think we will kill all the late bulls and go visit 15k again.
Another day, same price action. Still garbage. We could say Bitcoin is forming a bear pennant on the 4H timeframe. This means we'll probably get another leg down towards $12.000 or $14.000 if it breaks down. I'm looking for a breakout from the ascending triangle and retest at 17.2k , if we break that area we can expect 20k or more. For now, Bitcoin still...
As you may see from the chart we are looking at a possible ascending triangle. The ascending triangle is usually a bullish chart pattern. Where should we put take-profit after breakout? A **profit target** is calculated by taking the height of the triangle, at its thickest point, and adding or subtracting that to/from the breakout point. In this case, if you...
Opening a short here (market) 0.3945$ Leverage 5x. TP 1: 0.34$ (50%) TP 2: 0.33$ (25%) TP 3: 0.32$ (25%) SL: 0.4141$ Risk: Medium
DOGEUSDT ascending triangle, wait for breakout then entry. TP areas: 0.091, 0.094