Shown patterns are clear for bearish trend if BTC continues to break the supportive zone areas. And the time of entry is after the retest as shown by ellipse
We can assume that pattern shown will be followed now, because of breakout
Here clear breakout of rising wedge, along with MACD divergence for bearish.
Let see ... Tp2 has very strong potential because of fresh demand zone at Tp2
Here we can see clearly the breakout of mirror level.... Btc can now touch 57k!!
Can we expect the drop of ether as shown... As the clear symmetrical pattern can be formed now
Here break of trend line is clear and there can be a fall of price to fresh demand zone (2650)
Price is going to retest the demand area and completion of rising wedge pattern
We can see the completion of pattern for rising wedge and the price will go down. Here the trend line break down is done.
As we can see the broke of zone area has been done .. now the price will come back for the retest and also the location of retest is in demand zone and a previous resistance is present which can pretty good act as a support now. Third point is about the trend line that is also favoring the above scenario to happen. Sl & tp are mentioned
Here we can clearly see the btc is now at much great hype regarding to it's base.... And now it can fall down as the pattern shown to complete the pattern of rising wedge between the zone areas
We can assume the next pattern like this!! As there's clean breakout of very old and strong resistance zone... So price now fluctuate a little bit above zone area and then will go for bullish
We can see a sudden rise or fall for bnb in coming day or after some hours...
On the basis of snd, trend line break out, retest and zone rejection from daily time frame. We can assume that btc will go for short.
Here double layer trading set-up is also applicable if price further move up with in the zone area
As clear retest and breakout of rising wedge after above zone rejection
As the breakout of rising for bnb