noah_chen

noah_chen

There is a H&S bottom pattern on the ETC daily chart, the target price has been met, and the downtrend line has also been hit. It can be seen in the chart that ETC has appeared three high points near the trend line. If the price falls below 30.35 in the future, the H&S top pattern will be established, and the support range below is 24.47~26.16 and 20.83. After an...

noah_chen

The price of BTC started to fall from 25214.57. After reaching the trend line support, it consolidated and fell below the trend line. The lowest price reached 18527.00, and a V-shaped reversal occurred. If the price breaks through 21261.57 and returns to the trend line in the future, there is a chance to challenge 25214.57. At that time, if the price closes above...

noah_chen

BTC has been unsuccessful in testing around 20,000 many times. One of them broke through, but soon fell back below 20,000 due to selling pressure. After a small recovery, a large candlestick appeared, which fell directly below the trendline support. The current price is in the support range of 18870.65~18610.57. - If the price comes to the strong support range of...

noah_chen

The price recovered after breaking the neckline at 1523.54 and also broke the downtrend line from 2031.39. If the price comes to the resistance level of 1717.54 and then falls back and forms an effective support near 1523.54, there is a chance for ETH to form a H&S bottom. - The daily H&S top of ETH will not fail until the price breaks through 1722.18. - The chart...

noah_chen

In the chart, it can be seen that the BTC price tested around 20,000 twice, but there was no breakthrough, and it still fell in a short time. - If the price falls below the previous low of 19588.27 of the trend line in the future, there is a high probability that the bear market will continue. Support: 19105.42~19233.00 18853.16 18444.84 - If the price steps back...

noah_chen

As can be seen in the figure, the decline of the rising wedge has been satisfied, and two bottoms have been completed, forming the left and right feet of the double bottom. If the price breaks the neckline of the double bottom (20582.64) and closes above this level, the double bottom will be established. After the double bottom is established, pay attention to the...

noah_chen

After the price fell below the neckline of the H&S (277.0), the lowest came to 272.3. If the price comes to the resistance zone (294.1~299.8) and continues to fall below 272.3, the inverted cup handle pattern will be established (the orange line in the figure). - The target price after the establishment of the inverted cup handle pattern: T1: 258.9 T2: 250.5 T3: 237.1 -

noah_chen Updated 

One hour chart: The triangle converged and fell below, and the price rebounded after reaching the support range (1421.98~1429.08). If the price steps back on the trend line: entry:1471.26 take profit: 1406.76 stop loss: 1494.91 R/R: 2.76 - Daily chart: H&S top pattern, and the price fell below the neckline (1523.54) Pay attention to the support range...

noah_chen

BTC has now broken below the trendline, forming a bear flag. - In the daily chart on the right, it can be seen that a bear flag pattern was also formed before, and it came to a consolidation near the support range after falling below. Then fell to the target price of 17741.72. - The bear flag this time may also look like this: It fell below, stepped back on the...

noah_chen

It can be seen in the 4 hr chart that at the previous H&S bottom, following the breakout of the falling wedge, it rose to 1807.93. A downtrend formed after 1807.93. The price broke through the downtrend line yesterday, and the short-term target price can be seen at 1771.20. - In the daily chart on the right, it started to fall from 2070.42, and formed an inverted...

noah_chen

The previously formed cup-handle pattern came to the resistance zone (109.131~109.625) and was tested twice. At present, the moving average of the daily chart is still bullish. If EMA13 and EMA55 form a death cross in the future and fall below the trend line and the previous low (104.646), the double top will be established. - Before it falls below, the daily...

noah_chen

After the price broke through the double bottom neckline (1649.69) yesterday, the price tested 1673.25 twice, forming a small double top, and the price fell back to the 1605.29 support. - If the price breaks 1649.69 again: entry:1649.69 take profit: 1715.25 stop loss: 1605.29 R/R: 1.66 - Double Bottom Long position Strategy: entry:1649.69 take profit: 1783.21 stop...

noah_chen

entry:0.491 take profit:0.535 stop loss:0.456 R/R:1.26 -

noah_chen Updated 

The daily chart on the left shows that after falling to the support of the trend line on 8/19, it closed two consecutive positive lines, and the current price is on the edge of the trend line. If the previous low (20715.00) is broken, there is a chance to test 19166.65. - The 15-minute chart on the right shows that the black rectangle is a consolidation range, and...

noah_chen

Daily chart forecast: If the price forms a right shoulder here (at the same time the four-hour double bottom is established), if the price continues to rise, there is a chance to form a head and shoulders bottom and break through the downtrend line. - Four-hour double bottom (the price broke the neckline of 1649.69 before it was established). After breaking...

noah_chen Updated 

This is a 15-minute period chart and you can see that the rising wedge has broken down. It continued to decline after rebounding from the support level (21160.65) and stepping back on the trend line. - If the price closes below 21160.65: Stop Loss: 21286.15 Take Profit: 20953.27 R/R: 1.65 -

noah_chen Updated 

ETHBTC has a double top and fell below the neckline (0.07794) and the trend line, and it can also be seen that EMA13 is about to form a death cross with EMA55. - The appearance of the ETHBTC double top indicates that ETH will have a larger decline or a smaller increase in the future. - Short: Take Profit: 0.07361 Stop Loss: 0.08105 -

noah_chen

A relatively large drop occurred today (currently -7.61%) and is currently at the support level (21260.22). - Below is 20715.00 support and trend line support. - After a period of decline, a consolidation cycle is usually entered. Try to avoid trading until you have a clear direction. -