The king coin is possibly developing a diagonal pattern which will be the first leg up. Looking forward to take short trade to around $27k then a longer trade on correction of the first leg
2023 holds promising growth future for crypto. As the market is around turn-around this will not happen automatically. Expect some funny move downward before the bull
BTC, though currently bearish developing a leading diagonal pattern for the second ABC alternate move. It should make a partial pullback to around $42k then drop down to around $32k before reclaiming it spot at around $67k to $77k. Happy trading
BTC is developing bullish wave move. Haven completed wave one and now on the verge to complete wave 2 which is developing a flat pattern.
Price and RSI are at divergence signaling the end of wave 5 of the ABC flat pattern. We should see aggressive move up. If this is correct btc should move in new price territory (new high) in the near future God's willing. My...
BTC is developing a flat pattern (3,3,5). This should see BTC completely bottom up at around $32k. The new bullish move, though still a correction that will see BTC traveling in its previous distance, the major trend hasn't began.
If no negative event, Btcusdt has completed wave 1 and 3 with equality. Wave 4 has developed in a triangle pattern. Therefore, we should be expecting an extended wave 5 which might terminate at not less than 1.618 fib extension of 1 and 3. If this hold btc will begin a journey to the moon. Simply put btc will be in its 5th wave of the first major circle....
BTCUSDT is currently forming a triangle pattern on 4hr chart. If the triangle holds, anticipate price to continue in it previous direction (bullish). Price should find partial resistance around $44k and $46k. If the range is taken out, expect price around $56k. Also, Ichimoku has printed a bullish signal. Tenken is above kijun and chikou is above price, though...
BTC currently bullish. Area of concern is the $47k range. If BTC finds resistance at this area then we should be anticipating further down move. Breaking the $47k range should see BTC surge to $56k range where another consolidation should occur.
Currently, the price seems to be developing a reversed head and shoulders
Going by Elliott wave analysis, after...
BTC currently bullish. Area of concern is the $47k range. If BTC finds resistance at this area then we should be anticipating further down move. Breaking the $47k range should see BTC surge to $56k range where another consolidation should occur.
Currently, the price seems to be developing a reversed head and shoulders.
