So some of you might think that I'm crazy but I'm posting this anyway, I can see three options, first one (Yellow) : we will do a re-test from here to the support area 40-44K then the price will drop to the below supports. Second (white) : we will touch the support 28-30 then re-test the 40-44K area, after that it will fall again. Third (Blue): it will drop to...
BIG and obvious head and shoulders on the daily frame and now on the weekly frame as well.
As we can see this gonna be the last chance to get back above 50K. Price might drop to 36500 to 37500 then get back to 50-52K area. This analysis will fail if we closed daily below the upper trend from 33K which is approximately will be daily close below 36600. Breaking this trend will drop the price to 30K.
On a Daily frame, we can see a Triple top pattern. this pattern actives if the we breakout 34300 support and fails only after a daily close above 45800-46K.
- 4 hours frame, cup and handle pattern actives after breaking out 0.755 - Hidden divergence - on Weekly frame, breaking out a falling trend Target should be: 1.25 Main SL: 0.45 other SL: 0.63
Head and shoulders pattern Cup and handle pattern SL: 4 hours close below the red
There is a Triple bottom pattern on the weekly frame, pattern will be activated after a weekly close above the blue line and target is the orange. Pattern will fail only if we lost the White support box.
Use SL: 4 hours close below 37 and your long term target is 83.
I can see a breakout of a falling trend and a successful retest to it. Target will be the strong resistance 0.9. breaking out this resistance will take us to 1.2
the coin near to the golden ratio of Fibo with 2 patterns. there are also some good news by the end of this month from the team. its near the SL and might do a fake breakout then pump to ATH.
April 2021, BTC reach ATH at 64850. Negative head and shoulders on the daily frame. November 2021, BTC reach ATH at 69000. Negative head and shoulders on the daily frame under process. returning back to the 65-68K will active the negative head and shoulders pattern and target should be 50-55K. the pattern will fail if BTC closed above 70K.
$TEL on KuCoin Flag pattern. entry should be in the bottom of the pattern or after the breakout. buy zone: 0.0178 to 0.019 SL: daily close below 0.0166 (-9)% TP1: 0.036 (100)%
I can see its trying to breakout the trend. anyway its still on the entry price and your SL =4 hours close below 3.2
The white box is a weekly & daily strong support, losing this support will lead us to the below prices so you can use it as a SL. The green lines are TP for Swing traders and blue for scalps. SL: 0.8 for all. (Better 1day close)
I can see a good chance here just make sure to use the SL if the price reached it, otherwise it should be good.
BTC 1W and 1 day frame. Double bottom pattern on the weekly frame, we should maintain 39500 to active the pattern. breaking this line would be really bad. so you could buy and keep your SL 1 day close below 39500 at least. or weekly close if you're investor.
I mentioned this coin before and it made almost 90% profit, now its in a buy zone Targets = 140% SL = 1D below 0.0728 (-12)%.
if we can compare what happened in September to what's happening now we will find out that: 1-price dropped -20%. 2- sideway movement for 12 days 3- price dropped again -18%. 4- Sideway movement for 8 days. 5- price uprising 65%. now in December: 1- price dropped -25%.(done) 2- sideway movement for 12 days (done) what's next?