This is not a Financial Advice. Hi guys i hope you are having wonderful trades , plz let me know your idea about this vision ? Possible support lines and future resistance are shown according to divergence of parallel channels and Fibonacci channels . Description is in the Screenshot.
My BTCUSD short term insight : perhaps : market is going to break down to 8750 level and if resistance doesn't hold it can break even more to near 7800 . The first break down can bounce the price up to 10.5k again but if second scenario happens if will jump to 13.200 area. it worth mentioning if the second wave of covid 19 happens in near future and all...
Zoom in to find out more . Target point comes from Parent Trend DNA Accumulation point is a result of three different analysis (fib ret ,fib spiral , lower boarder of main trend channel ) if you find it useful plz like or share . comments for more idea . BTW today analysis is not against the main trend analysis from previous job , its just covering market...
Advance Harmonic Trading BTC/USD INTRO we have traced three different harmonic bullish patterns, Green one which is the biggest cover area from DEC 2017 until October 2020 we name it Parent pattern be cos of wide area of coverage. (helps with finding Future target point). second one which is pink covers area from Jun 2019 till Jun 2020. (helps current...
After short price correction we are expecting Upwards breakout , whats your projection ?
FiB 1 Orange , FiB 2 Red conjunctions shows 3 different possible price level ( 9800 ,7900, 7300 ) in June . whats your idea ?