Bullish descending triangle, earlier divergency which was confirmation of the falling trend change, High volume. T/P fib 0.382, entry as marked on the chart and s/l below the resistan
falling wedge pattern, levels of t/p expected with t/p 2 being the Fib 0.382
Cup and Handle pattern, previous wedge, 4h bullish divergence suggesting change of trend
This analysis is based on cup and handle pattern along with fib. levels for possible t/p 2, earlier divergence suggests change of trend
I have measured the dump which has happened in March and compared with the current one, since both of these corrections are very much alike, I suppose the direction of the BTC is upwards! at the blue marked cursor I bought some BTC and sold it too soon! I want to hold it now, for a bit longer and see what happens :)
Ascending triangle pattern, Long term opportunity. This price prediction is based on change of trend indications such as low support resistance level, forming patterns and current political situation
Once the price will take an upward direction from the marked congested area the possible t/p at 0.382 Fib level
Based on trend analysis and patterns, high 1h volume, 1h bearish divergency, triangle pattern, possible target between Fib 0.382 and level marked T/P