If we use trend based fib on weekly chart we can see that BTC is bearish!!! I'm very bullish on BTC but this doesn't look very good. The raw price target is right at 16k. I believe that we can pump up but we gotta flip bullish before 37k.
Bitcoin has a strong support at 38k. If we come down to 38k and then retest 42k but continue lower this can be head and shoulders which would get us all the way down at 23k.
Shiba made a horizontal channel. If we break this channel to the downside we can expect a drop of almost 50%. If we break to the upside a similar thing can be expected. A lot of people are expecting a bear market and if this is a start of the bear market we can expect shiba to drop because it has very weak fundamentals.
Bitcoin droped from 52k all the way down to 42k and came up to 48.5k which is 50% fib from the drop. If we use the trend based fib we can also see that 42.7k is at the golden pocken but 1 to 1 drop would be at 38.5k. These are also strong support levels from the past. Remember guys these levels are like magnets, price likes to correct to them. The 38.5k level is...
BTC broke out ouf the symetrical triangle. Price target is 7% in the green. This is long boyz. but first we need to close 4H candle above. This will happen probably next hour!!!!!
AUD bounced of a fib 0.382 level. Based on a fib time frame we could hit 1.272 fib level in early 2022. This looks like amazing trade to me!
Bitcoin formed a symetrical wedge on 4h chart. This is a long and short opportunity!
testtest idea. it is a test .just scroll by and don't bother looking at the chart. TY
BTC has retested the neckline of head and shoulders This can lead to the bigger correction. I also think that alts will be effected by this.
CHR made cup and handle!!! Price target is 70%+ in profit!
btc is making head and shoulders. This could be a opportunity to short the market and and make a quick buck in the next few hours. I don't think that this will lead to a correction.
THIS IS NEXT TRADE I'M TAKING LOL. So the technical target of this breakout is a bit over 23usd this makes this a super good trade.
THETA is currently above the resistance of the falling wedge. Current price target is the ATH!!!!