As we see the price breakthrough the channel for long line. But I'm not sure about change the trend line price.
Bitcoin breakdown the Head and shoulders and going for to test the support area around 8700$
As we see the Australian dollar after the short trend line, now he return his power and make second enter pattern for long trend line started.
As we see the price almost complete the second entry pattern, so if the price breakdown the 2nd entry line we can go with trend for short line.
The price comes to the Daily Support area and almost touch it and breakthrough the short trend line and couldn't even breakdown the Gibonacci Golding area for the last wave. Now the price tray to breakthrough the second entry for the long trend line what we see it started.
As we see in the weekly chart the price make an second entry pattern for continue for long trend line after the price couldn't breakdown the Support area. The last correction after the first long wave, the price couldn't breakdown the golden zone of Fibonacci 50-60 So as I see the price continue for the long trend line, we just have Fibonacci golden zone for the...
After the long trend line we have a bit short line Possible ıf the prıce breakdown the trıangle
Okay after the prefect long long trend, the price now make the second entry pattern as will. So the price going for short line trend for a bit while.
As we see the price make really positive tringle, so when the price breakthrough we can go with the long trend.
As we see the price breakthrough the channel 38 SR, going to first take profit at 67.80 SR. The price now falling back for rectification the rising trend line may it be until 35 SR. in the worst case. After that the price will be going to first profit area at 67 SR.
As we see very clear cup and handle pattern, so we gonna see the price in long trend line in the next few days.
As we see the price make very sharp Head and Shoulders so in this case we should wait until the price make second enter because in the sharp Head and Shoulders must of it Fails.
According to pass long trend line it was take half of time of short trend line. So after the triangle breakthrough we can take the long trend line as piece of cake.
As we see the price couldn't breakdown the daily support area and now in the 1 hour chart make what I called second enter for breakthrough the short trend line. So the price returned to long trend line for the next days.
After a long short trend the price before Daily support entered to Side channel and make what I call second enter. The price going for long until 1.93414 - 1.95050
After the sharp head and shoulders the price returned and make negative second enter for short line. So the price breakdown the patterns and go down.
As we see the price trend changed after the three bottom and breakthrough the resistance. So the price return to long trend.
After the breakdown from the second enter the price make a couple of patterns. First very perfect ascending triangle and breakthrough the triangle. Second the price make wedge pattern with fake breakdown. so we have a couple of patterns support the long trend line.