In the daily time, it is moving in an upward channel, and if it faces a correction in the specified area, you can wait for a pullback in the green box to continue the path to the next supply area. Note that if the red box area is broken, you can enter a buy position after breaking and confirming the pullback.
🟩Sup: 75$
⛳️Tp 1:100$
⛳️ Tp2 :...
In time h4, it is moving in a descending channel, which is accompanied by demand in the middle of the channel, which, while creating a corner pattern, has the ability to grow up to the specified areas, which, in case of negative reaction, has the ability to correct up to the liquidity area.
Note: If 7.8 is broken above, the scenario will be...
Latest analysis of Bitcoin's price trajectory, we're setting our sights on a potential moonshot to the $37,000 range, with wicks that could aim even higher, possibly reaching beyond $40,000. Like rockets fueled by Fibonacci-based technical levels, our outlook aligns with the prevailing bullish sentiment that's been rocketing through the crypto-verse.
Yet, fellow...
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1) Strong support level
2)ichimoku cloud up
3)50 moving average below to candles
4)currency strength meter ( GBP strong and NZD week (4H))
5) strong buy candles in 4H time frame
I think GBP NZD prices will go up ( BUY tread )
Bitcoin’s Bullish Pennant — The Symmetrical Triangle
To understand the relevance and importance of the triangle pattern that exists on Bitcoin’s chart, we need to first understand the behavior of that triangle itself. There are a number of triangle patterns that can be identified in technical analysis. The most well-known are symmetrical, ascending and descending...
Just testing out some new concepts, so I'm not 100% married to this outlook as it differs from my usual analysis, but regardless let's see what it tells us. Keep in mind when I make my targets (shown as BCD in pink), I expect the market to pivot within some range of that price (as indicated by the pink boxes), as is the case in all my charts.
We are currently in...
