natef1

natef1

Hello Traders, This really goes to show how amazing technical analysis really is. The fact that over the past 4 months, 4 major trend lines have developed and converge at that exact point, which we are on track to hit is quite amazing. The confluence here is remarkable, all signs lead BTC to $40K. Now of course nothing is guaranteed in trading, but when you have...

natef1

Hello Traders, Continuing from where we left off yesterday, BTC is trending down as predicted and is currently trading at a major support level. Here is my TA for BTC. Bullish Scenario (Lower probability of playing out) -We are currently at a major support level. It's possible BTC consolidates here for several days while preparing for the next move. -It's...

natef1

Here is my chart analysis for BTC/USD. There are quite a few things to cover here both in the short and longer term. Short Term: -BTC has formed a Bearish Pennant with perfect structure. The technical target is around $41,300. -You could enter a short from the pennant using an entry method if breakdown occurs and bearish continuation is confirmed. Longer...