Bitcoin Falling wedge or Triangle ?
Hello everyone , Happy new year
Now as you can see bitcoin on falling wedge inside a big triangle or H&S it doesn't matter it is the same target 5200$
look to the right you see the bitcoin did the same movement on falling wedge it just a simple prediction maybe we can see another scenario on the left we can break the up-trend and next support for us is 3550$ already tested 1 time before so we have a big chance to test this time 3380$
What should i do ?
The summary is set your STOP-LOSS under the up-trend ( 3610 - 3630 ) And if Bitcoin dropped you can re-buy on 3380$
In case BTC Pumped your target is ( 3950 - 4100 ) Until we break-out the triangle i'll update again
Good luck
Don't forget to press Like if you see this analysis helpful
Now as you can see bitcoin on falling wedge inside a big triangle or H&S it doesn't matter it is the same target 5200$
look to the right you see the bitcoin did the same movement on falling wedge it just a simple prediction maybe we can see another scenario on the left we can break the up-trend and next support for us is 3550$ already tested 1 time before so we have a big chance to test this time 3380$
What should i do ?
The summary is set your STOP-LOSS under the up-trend ( 3610 - 3630 ) And if Bitcoin dropped you can re-buy on 3380$
In case BTC Pumped your target is ( 3950 - 4100 ) Until we break-out the triangle i'll update again
Good luck
Don't forget to press Like if you see this analysis helpful
Comment:
We have another up-trend that's why my stop-loss 3610 because we have also a support line on the previous analysis * Gann star *
Comment:
Happy profits ,,, I like the simple predictions
Targets now: 3890 - 3950 - 4100
Targets now: 3890 - 3950 - 4100
Comment:
New update for targets , Til now the signals is bullish but we need more volume
Targets: 3850 - 3900 - 3980 - 4070
Keep your eyes on these resistance 3980 & 4070 is strong resistances we need a strong Bull to break them and reach our main target 5200$
I'll update again
Targets: 3850 - 3900 - 3980 - 4070
Keep your eyes on these resistance 3980 & 4070 is strong resistances we need a strong Bull to break them and reach our main target 5200$
I'll update again
Comment:
We should stay above this up-trend
Set your stop-loss under down-trend ( 3650 - 3680 )
Set your stop-loss under down-trend ( 3650 - 3680 )
Comment:
Happy profits again i told you not to sell now ,,, just set ur stop-loss
This chart is for BitMEX this time i see it more decent take it into consideration that BTC touched the down-trend of the triangle and volume is not strong that's why i dont trust the last candle
This chart is for BitMEX this time i see it more decent take it into consideration that BTC touched the down-trend of the triangle and volume is not strong that's why i dont trust the last candle
Comment:
Actually bitcoin pumped again now we touched the upper trend of triangle on the left
All targets done , But you have 2 options for now about the selling
1- sell now and wait for the break-out and re-buy again
2- set your stop-loss under 3950$ * Binance * to take profit
All targets done , But you have 2 options for now about the selling
1- sell now and wait for the break-out and re-buy again
2- set your stop-loss under 3950$ * Binance * to take profit
Comment:
New analysis for bitcoin check it now :
