Here we can clearly see a cup pattern, indication a consolidation
Hi, can someone help me understand why the price failed to reach the blue line resistance? The price was on a symmetrical triangle and break out bullish. But why did it fail after retesting the resistance of the triangle?
Check it out and comment what you think about it
Hello traders, recently the price of bitcoin is squeezing along with a small bearish trend. In the following days or even weeks, we will see a breakout from the descending triangle pattern. In the analysis of today we can appreciate on timeframe 1H that there is an horizontal support level in which the price is most likely going to break through based on the RSI...
HELLO! On this hourly chart analysis we can se a great rejection of the market in the area of the MA 200. There's been a few signals of rejection. Seeing a market on a downtrend can us help on understanding this bearish movement. Checking on the candle patterns we can clearly see a rejection on that important area. With the help of the indicator, the MACD , we can...
Head & Shoulders Pattern. We can se a double top on both shoulders and head, possible continuation too the down