In the four-hour timeframe, the reversal pattern is being completed with stop loss 1952 and the target 2020
Bitcoin has been moving in an upward channel in the 4h, which after many collisions with the top of the channel, reached the middle of the channel and targeted the bottom of the channel with the set goals, and this drop is more time than price.
After reacting to the bottom of the ascending channel in 4h, the price started a movement with a powerful candle, which continued towards the goals of 2020 and 2050 after crossing 2000.
The price is out of the weekly pattern, and this is a pullback in the weekly time, which can be seen as a trend pattern in the 4h, and as long as 1940 is not broken down, this is considered a pullback.
1828-1832 is the The range of the bottom of the ascending channel
hello forecast and analyzing the trend in 4h I think cardano cant reach higher price and trend doesn't have power I showed you the red box to select sell position and stop loss
hi guys , my prediction of the state of Bitcoin is as I have shown Of course, this is a possibility, not a signal
We are watching weakness of the trend in macd and reversal pattern in price , if it cannot cross the range of the previous peak, I expect to see the bottom of the pattern I show supports and prz zone in hormonic pattern If it passes the pvot b, we have more More price correction
As you can see, the trigger line is broken and divergence first tp is 1900 After crossing 1900, the next target will be 1860
We are waiting for the pattern to be completed in 1H and then Correction in 4H, which will be with divergence and then the trend will continue to rise
With the weakening of the dollar index, other currencies such as the euro, gold, and maybe the bitcoin will be affected
As you can see, an ascending channel has been broken and the price is trying to make a pullback. If it succeeds in entering the channel and crosses 22,000, it will move towards 25,000. otherwise it will test the support range In the weekly analysis, I have mentioned higher targets
The market is falling from resistance that I specified in previous analysis, I expected a pullback to the support level from 25000 . My target is the range between 29000 ,31000 resistance zone , PRZ zone . Of course, the price must pass 25000 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
hi This level that I specified is very important If it grows upwards, this level will be broken, otherwise it will act as a resistance barrier
i think its time to move up and end of down trend ,break up the trigger line is important
i show support and next support but i think it's not deep
in this chart bit needs pass 23500 to get 25500 or 26000 for complete AB=CD , this time frame is 4h and the support in 22700 is tested , if it breaks ,bitcoin move down to 22000 or more down