Hi guys: Today a new descending triangle is made by the btc moves in 1 hr chart this movement within the triangle can take upto 12 to 24 hrs in the meanwhile btc will be moving sideways this time period can be good for day traders. The movement is neutral but if we see the day pennant (as I have shown in my btc pennant in previous idea) then 7000 to 7100 target is...
Hi guys: from to july to sofar BTC is moving in pennant from july to sofar the btc has tested the resistance two times and also tested the bottoms two times now its turn to touch the resistance again which is 7100. We have also found two fish hooks in pennant which votes for bullish signals We can see that btc has created a clear double bottom pattern by...
Hi guys: BTCUSD 1hr chart has created symmetrical triangle the price can either go up or down it all depends on the triangle's support and resistance every hr the triangle is getting more narrow the decision making point is getting closer. since last 15 hr the pressure at the bottom support is more than resistance coz the candles are traveling in bottom of...
Hi guys: On day chart after dec 17 for the 1st time a double bottom pattern is going to be appeared now its time for the bulls to jump in and pull the market upward after 7500 a 1st Elliot wave will be started and after ending of 1st wave if the 2nd retracement wave will not cancel the 1st wave's bottom then we will find 3rd wave which is always most profitable...