Inverse HnS forming on BINANCE:BTCUSDT chart currently Note market makers do not usually play out these patterns so as to grab liquidity from pattern traders. But in the event that this pattern plays out, Tp at resistance and possible supply zone, Sl at point of invalidation Follow for more TA and signals
Unmitigated highs get mitigated eventually. I believe BINANCE:BTCUSDT will form a range between those highs and the new demand zone being previous ATH ($19800) for the next couple of days to weeks being that we are oversold on the daily and weekly charts Tf. Short signal in chart with entry price anywhere inside that rectangle and Tp at demand zone. Stop loss...
Btc trying to form a LL on 1hr Tf Short position with tight SL and Tp at demand zone
Liquidity grab at point of Tp after a break out from wedge on 15mins chart
Btc successful made a double bottom on the 1hr tf and came back for a retest of the neckline($36.8k) which it failed to hold so we’re going to the next support ($36.3k) and possibly lower. If we fail to bounce on the next support, we could see a further dump to the OB at $35.5k which caused Btc to rally twice due to the high demand If we lose it we may see 34k,...
Btc CnH fully formed Waiting for breakout to and a retest of the 39.6k support on higher timeframe Or a breakout downwards for a bear trap Personally I believe we will see at least 40k region before a dump to 30k region Like if this helped, comment your own view let’s relate and follow for more trading analysis
$btc has tried to break above the 37.3k support to turn it to resistance and failed to flip it 3times. Btc currently trying to form a CnH formation and so I expect consolidation for a while before the next break out down or up. It may try a rest of the support and if we can flip the support into resistance then our next target would be the $40k-41k region which...
Btc got rejected at a key support on the 1hr tf and we might see a little pull back. Tps marked in blue lines
FTM just broke out of its channel in an upward direction with signs of buying pressure A long trade would be in play with TP1-4 as the blue lines
$BTC currently trading below daily support at $37.3k after breaking and closing below its descending wedge. Next support is the weekly OB at $30.9k-$29.5k. A daily close below $37.3k support will be bad for btc and a weekly close below $40k will send us back to $30k region. I suggest you get out of your spot bags if this happens and wait to buy lower. But then...
FTM currently having a triple top on the 1hr TF . Currently Seeing selling pressure on lower TF but at the same time a battle to keep that support at the bottom line in place. Resistance at $3 which it tried to break three times and support at $2.75 ish which it held twice of recent. If we see a selling pressure or a break of the support line then a short trade...