Every low are higher near S-support line and then rising impulse This move shows that price more likely in traingle pattern with S-support line. The BTC price is approaching to the end of pattern, I think, we will see culmination soon. More possible it will be ascending move. Near the end of traingle and near resistance zone 11200-12000 we need to see more...
Great situation for Short position. Price brokeout local continuation pattern, now consolidating below strong S-support + below support of local pattern. Great risk/reward ratio.
Yesterday downward impulse broke S-support line. But bayers returned back the price to S. Probably, we will see consolidating price near this line with more likely option - continuation of descending movement. But if price will back at the big traingle with more buyer's volume, scenario with big traingle will be actual again.
There is divergence on the 15m chart - every next descending impulse has lower volume. So, we can see correction. If price will break the local resist. we can try earn by Long. Pay attention for every TP zone, they may be useful for Short deal (following descending trend). If price will go to short zone3 - open Short following the trend. If price will break POC...
From April BTC is in ascending trend. From the end of June the price was found the level for consolidation, where buyers and sellers got the consensus. Now this level looks like traingle- or flag-pattern with a wide price range. What's next? I expect the continuation of growth. But some days ago price shown false breakout from this pattern without strong...
Correction of TRX now rebounced from MA on Daily chart. Now it looks like will break the strong resistance based on Volume Profile. Good Long position with 3,3:1 Risk/Reward ratio! My free Telegram channel: t.me
Waiting for continuation falling after falling impulse and consolidating near support line. Join TG channel: t.me
Without words.. LONG! Join my TG: t.me
The same patterns on many TOP coins. Patterns of continuation.. We still in bearish market. Now - pause, maybe some flat or some correction up to 4100, bu t we still bearish! Looking at breakout of patterns to entry short position.
BTCUSD brokeout traingle-pattern then tested and now we see continuation of down-trend. Target - 3000$-2950$ Do not forget about SL!
Short-term idea for SHORT position. Price brokeout the traingle pattern on bearish market, waiting for continuation. Targets 110 - 100. Don't forget about SL!
Good point for stop of falling: price has touched MA 180 which is strong support for half year + now price near 0.786 Fibo retracement lvl. Will see soon. Waiting for updates!
Classic scenario: brokedown of Support zone, impulse - correction - impulse; waiting for continuation of down movement. 5000-4800 - next target zone.
Classic of TA by mr.ETHEREUM... Without many words..
Pair brokethrough the channel resistance but it looks like false breakout, because there is divergence between volume and price. So, be careful if you in Long position. You need monitoring this pair if you want continue to Short!
Ripple looks good..But be careful! XRP moving against the market and there are not a great volume. So, If you whant trade this pair, do not forget about SL!
Brief review: brokeout flat-range + MA100 with good volume. Next trgt 4600-5000$ zone.
Pair continues down-ward movement in channel. The last candle opened with Gap! while Support zone was broke. Its a bearish signal. Waiting for continuation of dawn-trend to 1.11 zone.