* Not A financial advice * Waterfall is in action and seems like there is a death cross with 1hr and 4hr TF based on bollinger bands. This is valid if trend line is broken otherwise invalid. Trend and stop loss is your friend.
* Not a financial advice * I believe this is what will happen. Retrace to 20K and rally to 110K.
* Not a financial advice * Fundamental analyze of mine revized. Nothing guaranteed. Please check other ideas too! Stop loss is your friend!
* Not a financial advice * Short positions maybe in danger with this scneario (btc looks like breakout triangle and complated backtest!) are back to old triangle)! Both bearish and bullish scenario are possible at this moment. My previous chart can be invalidated! I'll keep updating.
* Not a financial advice * With this fundamental analyze you may not believe this but this is what i got with the pattern analyze. Nothing is exact of course and situation may change but i believe this will happen or at least close to it. I am expecting around 15-13K
It maybe good time to close positions until next comfirmation. Currently stuck between 2 important emas.
* Not a financial advice * I strongly believe BTC will drop around 16-14 K but i can't give you exact time. Not because only looking at this Head and Shoulder formation some of my other analyzes which i didn't publish yet comfirms my this idea. If you see that price will not be surprised. Freefalls incoming and one of this will be hard.
BTC nearly approached resistance zone.
BTC 2 days bollinger band giving a danger signal ! My previous chart is in danger with this new situation. Carefuly consider with your positions !
May worth to try it with stop loss
Harmonic pattern identified with 5 min TF, target is high likely around 31-30k
You can't play this game while it is under all time frames, so get ready to buy. There are still days to weekend and monthly close. Watch 5 and 15 minutes closely.
This is three days chart analyze. If you are a swing trader be cautious. The biggest death cross of all time in BTC history could occur, like a domino effect.
I copied a candle bar pattern and mirrored it with reversed version starting from rally date. Falling may start from 25 June 2021 until last week of July.
Using this bollinger band strategy with 4hr time frame there is high likely a trend reversal. This is a short term trading strategy.
RSI and MacD giving bullish divergence sign but 2 possibilities still on the table and one of them is beyond imagination maybe. That is 2,5k as target. I just want to note this to history. I don't want to think later why i didn't post this :)