Blaqkarho

Blaqkarho

BTC has broken a a trend and formed a lower high. A short confirmation would be in play if it forms a lower low and bounces off the trendline for a retest. If the trendline refuses to break upwards, then its straight back to the bullish order block.

Blaqkarho

Trendline break confirmed. Anticipating a move to the downside to the nearest demand zone. A retest on the trendline, and a formation of a lower low would further confirm this move. as it would be a successful break of structure to the downside.

Blaqkarho

BTC Appears to have fully formed a rising wedge on the current downtrend in the 1hr timeframe, and from knowledge of chart patterns ad price action, it is obvious that a rising wedge on a downtrend is a trend continuation pattern. This downtrend would be met with a previous zone of support at the 42,400 regions. This could lead to a bounce to the top side,...

Blaqkarho

There is an observed break to the topside of a descending triangle on the 5 min time frame. This is followed by a pullback to a downtrend line. Bullish momentum is nit fully dissolved, as a slight uptrend is also noticed. Possible reversal to the 31.433 target is in play, before any other moved downward. Setup shown below. NFA, just my own insight on this,...

Blaqkarho

An ascending triangle formation has been observed on the 15 minute chart and 30 minutes chart. A possible break to the upside is likely to happen following the consolidation break.

Blaqkarho

This charge appears to be forming a symmetrical triangle and that is a clarification of the future bullish movement probably in a short time sentiment.