4h
BTCUSD 4H 3 BAR REVERSAL PATTERNThe 3-Bar Bearish Reversal Pattern
1 The middle candle is at the highest point
2 The two candles on each side have lower highs
3 The third candle closes below the low of the first candle
4 The entry is triggered at the open of the 4th candlestick or bar.
FIND YOUR OWN TP & SL
VETUSDTThe final decision of the Vechain currency
We are now at a time when bitcoin is the main determinant of the digital currency market. And most Altcoins listen to Bitcoin. Of course, there are exceptions.
But for Vechain currency, it will probably behave like a soldier.
If we set aside bitcoin and analyze it from the chart, we will see that by forming a triangle, it tries to return to the ceiling of the channel, which is a support range shown in the chart as a yellow oval, which will help Arvand ascend .
But if the trend fails to climb by hitting the middle of the channel, the probability that the downward triangle pattern will break is high.
iota usd short termbuyers support the price in the bottom of ascending channel if volume increase i see this chart for price
CHZUSDTWill CHZ return to the game
After the emergence of the triangle formed by the emerging currency of CHZ, the trend is expected to rise sharply, but given the downward trend of bitcoin, it has become very difficult to predict the possible trend.
As you can see, after the defeat of the triangle, the market has returned and dealt with a very strong support zone. But there is also the possibility of infiltration in this zone.
With all these circumstances, I am optimistic that the upward trend of the CHZ will be more probable.
what is your opinion??
Bullish confirmation is being formed in 4hIf the current candle closes higher than its previous we have confirmation, but i won't hesitate to buy since the market bleed is over
BTCUSDTBitcoin triangle failure
As you can see, Bitcoin has formed a triangular pattern in the past week, which makes the future trend of Bitcoin more likely in two ways.
1- If the downward triangle breaks, the trend enters the support and resistance zone, which has the power to hold the trend for a few days and prevent bitcoin from falling sharply.
2- If the upward triangle pattern is broken, Bitcoin will try to touch its price ceiling again, and if it crosses it, we can expect to reach the record of 65,000.
Of course, the presence of several components, including a strong support zone consisting of Fibonacci lines, moving averages, the middle line of the current Bitcoin channel, as well as the collective expectation and greater participation of investors at this time can push the market up. In my opinion, the probability of failure is higher.
what is your opinion?
On the edge of the trend lineScenario 1 : Bitcoin price is on the edge of the trend line. As buying volume slowly lose momentum and longs positions are falling too.I expect that trend line will broke and price will hit at least one of the two FIBO levels which show us zone of support 52.400, here i set buy 60% of position because this price also in the past act as resistance.Next stop is 50.200 for 40% position. RSI also aim for the zone lower to 35,which too act as support zone. Plus take a look on daily candle :D
Scenario 2 : trend line will hold and price will go higher. In this case i will go long with small position of 30% but ONLY IF 4H WILL CLOSE ABOVE FIBO zone at price 54.650 .
STOP LOSS 53.750.
So for now i wait what charts and news will show us.
For more information you are welcome to comment or send message and if i will know i will answer :D
1.370 BTC to buy alice en 2 hours1.370 of BTC are used to buy Alice in its frist 2 hours, after it was listed to Binance the exchange, BTC was down to their 4H support. Probably week and monday will be green and we can get a speed recover to 60K or 61K in the next few hours.
