The bullish signals continue to be confirmed after the appearance of this last hammer pattern (a), added to the decreasing volatility, which results in the triangle pattern. The setup consists of waiting for the triangle to break bullish in the next few days, waiting for a pullback and buying at the first signs of change after the pullback.
Bearish signals: - double top pattern - Trend line break
Double bottom before the last price decline indicates a possible upward movement.
And we continue in the triangle. With Christmas shopping, the price should have risen by now, is bezos and it’s team neutralizing the rise with some sells to accumulate purchases and finally drop it with a bang for Christmas?
A bearish engulfing at the top, personally I would wait for a fall to support to think about buying.
Double bottom pattern in an uptrend, it is a good idea to wait for a price drop close to 18000 to buy.
There are two arguments that personally keep me away from an obvious bitcoin purchase for the moment, and they are: - It is too obvious: the bullish marketing campaign has already been inoculated in all investors like mosquitoes towards the light, and it often happens that it is precisely at that moment that there is a drop that demoralizes and takes those with...
The old support turned into resistance suggests a key level from which the price can take off, coupled with the double bottom pattern, the price offers a buying opportunity.
The triangle formed in the price, indicating the reduction of volatility and signaling a latent explosion, together with the upward trend and the last two rejections of the price at bearish levels (double bottom) suggests a buy setup.
Still in an uptrend, the temporary slowdown is creating a triangle. From my point of view, it will break above, Musk is a proven genius on numerous occasions and has no real competition, however the price may wobble or even fall somewhat before rising, leading to stop loss hunting as it has done in the past). A Musk comment or tweet could start this movement as...
Polls are just one more political tool to control public opinion before the elections, which do not offer any objective value. If you use Google to search for polls from the last elections in a time period 1 month before and you do a study of the success, it becomes obvious.
As I mentioned in my previous analysis, after the price decline experienced by MSFT in these weeks, new bullish price rejections indicate a rise.
After the fall of these last weeks (fall that has occurred in all markets, not in Microsoft exclusively), a rejection at lower prices appears again (the last arrow), prices that have already been tested (in the first arrow) Is this a double bottom pattern or is it in range? I would say that it is a semi-range with greatly bullish connotations, personally I would...
After a resounding fall not only in bitcoin, but also in nasdaq, a double bottom pattern appears close to the uptrend line. Has it hit the ground? Personally I would wait to see how it unfolds before making an entry.