Bitcoin at Strong Support

Hello guys, looking deeply into BTC corrective pattern it has filled up with series of triangle formations.

In July 15th price breakaway from this major triangle to make a high of 8480$ and ever since then we had been going lower on each of the test on Neckline to this new high level(BLACK TRENDLINE).

Also, its observed that price showing serious respect to the NECKLINE of the previous triangle as each of the drop are been supported strongly with this trendline(PURPLE TRENDLINE).

Price is presently trading on the bottom trendline now and if the previous view and strength of this trendline is something to write about we should see major bounce from it to re-test the upper trendline which is suppressing all the BULL move.

Join our discussion room for more about our trading ideas.


Do know that I appreciate you taking the time to read my posts and Please leave a LIKE and FOLLOW us for more updates. I would really appreciate it.

Thank you for your support.

Zlecenie aktywne:

We have some buy setup on daily timeframe.

Zlecenie aktywne:

Previous view on BTC

Komentarz:

Zlecenie aktywne:

Bullflag on 1hr timeframe will this work out or fail again.

Zlecenie aktywne:

BTC finaly found its strength and the bullflag play out real well. this is great.

Zlecenie aktywne:

Zlecenie aktywne:

Hi guys we need to be careful at this moment, reasons are:

First if this move is for just mere correction the target is almost achieved which mean just wave abc the maximum target will be 3625-3700$.

But if the move is potential immediate reversal we are all hoping for then the target will be around 5200$.

Please click on like and follow me for more updates

Zlecenie aktywne:

Formation of Bullish Flag and Pole is completed with its target achieved. Now we need to wait to confirm the next possible move for BTC.

Thanks for following my updates.

Zlecenie aktywne:

We pick up ETHUSD earlier also from here check it out.

Below is the chart for ETHBTC

Zlecenie aktywne:

Zlecenie aktywne:

Ripple accumulation in progress it will have one more leg up soon

Komentarz:

XRPBTC drop to begin also as it need more correction for its last uptrend move.

Zlecenie aktywne:

SKYBTC hitting potential bottom

Zlecenie aktywne:

the way to the bottom seems so far, but for now we will trail it day after day to get to the bottom.

Zlecenie aktywne