Green Uptrend weekly Line Retest? is it ? As we can see here it is support of falling wedge as well as support of weekly uptrend line , we may see bounce ? or it gonna break this? if it will break this then btc will dump hard soon!
As you can see ACC broke and retest done , its nice opportunity to buy at this retest price and we may see bounce by today opening of market, it may follow this path and if it will break trend then it will retest nearest support! its obv is also bullish and retesting the nearest resistance and RSI is also on uptrend support! Less risk high reward game!
We are on crucial point right now , we have to hold daily closing above 27500 or else we will break downside and bitcoin will dump hard , as right now RSI also forming Falling wedge and holding support of falling wedge and OBV forming descending triangle!
As we can see that it was forming ABCD pattern and now it is facing 2 resistances horizontal as well as uptrend line, it must reverse back from here or if it will make two continuous upside daily closing candles above red horizontal line then we will be in bear market!
If usdt.d 1d candle will be under symmetrical triangle and breaks 4.42% then bitcoin will bump , actually it broke on 4h timeframe to upside so btc went down but on 1d tmf it recovered and right now under triangle! Lets see! Happy Trading!
There are two cases for TCS on HTF! Case -1 Right now it broke downtrend and retested 0.382 fibo level nicely if it broke then we will retest 0.236 fibo level or else we will see any time reverse from these two levels! Case-2 As we can see that it is forming inverse H&S and sitting on top of 2nd shoulder if it will reverse from there and breaks the Neckline then...
As we can see that S&P 500 was following ABCD pattern on Daily Timeframe and it was an easy money and target easily achieved also , right now it is sitting on 0.382 Fibo level lets see if we can see reversal from here or we are gonna test 0.236! We are at good support right now so we may see reversal!
Lets see it can fly or not! its on 4h timeframe if btc will help then it will fly soon! NFA DYOR
RSI break and retest will confirm the breakout lets watch! dyor nfa
Yearn finance broke and retested Rsi Broke and Retested OBV head and shoulder neckline broke and retested Lets go??
As it is forming descending triangle along and it cant able to break the uptrend line and forming bottom as triangular (Showing Rejection) i.e BTC may go dip if it will complete the descending triangle! its tough time lets watch bears having ball or bulls having ball in their courts! As today is sunday (Weekend) lets see by tommorrow reaction of market if it can...
It may follow this Descending Triangle pattern :) lets see
LUNA breakout and OBV confirmed the breakout also! Lets see New ATH!
Woo gonna break, Broke 4h and retested well! Lets ride WOO!
4H TMF breakout of GARI and Retest done beautifully now ready to explode!
POSSIBILITIES:- Double Bottom :- it must have to break this red circle zone and climb up to 45k Zone if it can't able to do that then we are going to form inverse Head & Shoulders Pattern on Downtrend Trend line so we may see 34-36k! USDT.D - Also gonna form M pattern!
btc need to touch bottom red line once before going up wards or else if we break 40k in this scenario then it can be possible but according to me we will see 32-30k once before going up! as we can see bullish falling wedge we may breakout at 40k or else retest of 32-30k! Lets see FOR 30m-1h charts we are going to look for shorts only!
lets see it can make monthly wick or not, as we can see it can make double top too or else it can make triple top so we may have see an impluse towards 67-70k zone of btc! if it confirms that its double top then we may se btc in 20's , as RSI shows lowest and oversold so it can make reverse anytime!