BITCOIN perform a great bullish with Bullish pennant and Symmertical triangle pattern.If this pattern broken up, we have 2 target :
$66365 as symmetrical triangle profit projection and
$75508 as Bullish pennant profit projection
If this pattern broken down, we have $57487 - $56029 as fibonacci support to hold bearish movement.
Happy trading, Good luck
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yup, we have break up.no bearish sign yet
Trade closed: target reached
Nice one, 1st target reach, time to close 50%.dont forget to support this analysis to get a quick notification of any update
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Bitcoin walk above diagonal trendline (yellow line)We can see that RSI going bearish, oversold condition are very near, if trendline broken, we have fibonacci support around 64K to hold bearish.
no need to press panic button. we still in bullish
I will update more if i Found new key level.
dont forget to support this analysis to get a quick notification,, happy trading.
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Hi, welcome back to my analysis, you can see that BTC still inside expanding channel up, and reach resistance channel, RSI also heading south, this is not very good news for bullish.
if we have another bearish wave, we have fibonacci support zone around 59940 - 57862 near channel up support. This level will hold next bearish
My target for btc still not change yet, we will reach 75K this month
Don't forget to support this analysis to get a quick notification if I found a new key level.
Happy trading
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BTC perform rising wedge pattern, If this pattern broken up, we can reach our target soon,but remember, rising wedge is reversal pattern, if this pattern broken down, a quick dump will perform.
I will keep an eye on rising wedge support level around $67,759
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After touching rising wedge support, BTC break up resistance.This is a good news for bullish
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Today we have a strong bearish for BTC, but we still have 68.172 support lineIf this support broken down, we have fibonacci support at 61.931 - 58.304
Prepare for 15% to 18% drop if 68.172 support broken.
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After waiting for more than 10 days, (this analysis post at March 03),we reach our target zone at Fibonacci -0.256 or fibonacci 1.414 at $73,842
Im still aim for 75,508 (bullish pennant projection) with maximum target at fibonacci 1.618 at $76.050
Still no bearish sign. I will update more If i found a new key level.
I will make live analysis, so you can follow BTC movement at smaller timeframe.
Trade active
At 1 hour timeframe, we have anothe bullish pattern,this is ascending triangle pattern, and if it break up, our profit projection at $76971
If this pattern broken down, our support at $70152
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.